When did Bonchon International begin offering licenses for the use of Bonchon proprietary sauces in the United States and abroad?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Our affiliate and predecessor, Bonchon Restaurant Company, was formed in Korea in November 2002 and incorporated in Korea in June 2009, when its name changed to Bonchon Inc. d/b/a Bonchon Chicken. In November 2012, its name changed to Bonchon International Inc. ("Bonchon International"). The principal business address of Bonchon International is 48, Myeongnyesandan 2 ro, Jangan-eup, Gijang-gun, Busan, Republic of Korea. Bonchon International conducted a business of the type being franchised and one Bonchon Restaurant in Korea from November 2002 to January 2006 and does not currently operate any Bonchon Restaurants. Bonchon International began offering licenses for the use of Bonchon proprietary sauces in the United States and abroad in April 2007 and was the supplier of certain products and services to those sauce licensees. Bonchon International no longer offers licenses for the use of Bonchon proprietary sauces in the United States. Bonchon International enters into franchise and licensing arrangements for Bonchon Restaurants in foreign countries. As of December 31, 2024, it had granted 153 franchises in the Philippines, 122 franchises in Thailand, 11 franchises in Cambodia, 2 franchises in Singapore, 7 franchises in Myanmar, 24 franchises in Vietnam, 2 franchises in France, 3 franchises in Taiwan and 2 franchises in Laos. In addition to granting franchises in the foregoing countries. Bonchon International granted a master license in December 2023 for the development of 15 franchises in Taiwan and 20 franchises in Laos that are scheduled to be developed within the next five (5) years. Bonchon International has not offered franchises for any other type of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Bonchon International began offering licenses for the use of Bonchon proprietary sauces in the United States and abroad in April 2007. Bonchon International was also the supplier of certain products and services to those sauce licensees. However, Bonchon International no longer offers these licenses in the United States.
Bonchon International enters into franchise and licensing arrangements for Bonchon Restaurants in foreign countries. As of December 31, 2024, Bonchon International had granted 153 franchises in the Philippines, 122 franchises in Thailand, 11 franchises in Cambodia, 2 franchises in Singapore, 7 franchises in Myanmar, 24 franchises in Vietnam, 2 franchises in France, 3 franchises in Taiwan and 2 franchises in Laos.
In addition to granting franchises in the foregoing countries, Bonchon International granted a master license in December 2023 for the development of 15 franchises in Taiwan and 20 franchises in Laos that are scheduled to be developed within the next five years. Bonchon International has not offered franchises for any other type of business.