How many corporate-owned Bonchon outlets were in operation in 2022?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Franchises sold | 20 | 22 | 21 |
| Franchises terminated | 3 | 11 | 11 |
| Franchises purchased | - | - | - |
| Franchised outlets in operation | 143 | 127 | 117 |
| Corporate-owned outlets in operation | 4 | 4 | 5 |
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, there were 5 corporate-owned Bonchon outlets in operation during 2022. This number decreased slightly to 4 in both 2023 and 2024.
For a prospective franchisee, this indicates that Bonchon primarily focuses on franchising as its expansion strategy, with a limited number of corporate-owned locations. This could mean that Bonchon relies on its franchisees for growth and market penetration.
The number of franchised outlets in operation has increased from 117 in 2022 to 143 in 2024, showing a steady growth in the number of franchise locations. This information can be useful for potential franchisees to understand the company's business model and growth trajectory.