When is the initial franchise fee due for a single Bonchon Business?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
TEM 5 INITIAL FEES**
If you will open a single Bonchon Business, the Initial Franchise Fee is $35,000 which you must pay in full on the date you sign the Franchise Agreement. Last year, franchisees who qualified for our 2024 development incentive program and met the conditions thereunder paid a reduced Initial Franchise Fee. We will not refund any portion of the In
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the initial franchise fee for a single Bonchon Business is due in full when you sign the Franchise Agreement. The standard initial franchise fee is $35,000. This fee is non-refundable.
Bonchon does offer some incentive programs that can reduce the initial franchise fee. For example, in 2024, franchisees who qualified for a development incentive program paid a reduced initial franchise fee. Also, qualified veterans of the United States military may be eligible for a $10,000 discount on the initial franchise fee for their first Bonchon Business. To qualify for the veteran's discount, you must meet specific requirements, including being honorably discharged and owning a majority interest in the Bonchon Business. You must also request participation in the program before signing the Franchise Agreement.
It is typical in the franchise industry for the initial franchise fee to be non-refundable and due upon signing the franchise agreement. This fee compensates the franchisor for the costs associated with granting the franchise, including training, site selection assistance, and other support services. Prospective Bonchon franchisees should confirm their eligibility for any incentive programs and carefully review the terms of the Franchise Agreement before signing.