How many Bonchon outlets in Massachusetts were not renewed in 2023?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
| 9 | | | 2024 | 4 |
Table No. 3 Status of Franchised Outlets For Years December 31, 2022 to December 31, 2024*
| State | Column 2 Year | Outlets at Start of Year | Column 4 Outlets Opened | Column 5 Termina tions | Non- Renewals | Reacquire d by Franchisor | Ceased Opera- tions - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 84–91)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, one Bonchon location in Massachusetts was not renewed in 2023. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. Specifically, it lists terminations, non-renewals, outlets reacquired by the franchisor, and outlets that ceased operations for other reasons.
For a prospective franchisee, this information is crucial for assessing the stability and success rate of Bonchon franchises in specific states. A non-renewal indicates that Bonchon and the franchisee did not agree to extend the franchise agreement, which could be due to various factors such as performance issues, failure to meet brand standards, or strategic decisions by either party. It is important to note that non-renewals are not necessarily indicative of a failing business, but they do warrant further investigation.
It would be prudent for a potential Bonchon franchisee to inquire about the reasons behind the non-renewal in Massachusetts. Understanding the circumstances can provide valuable insights into the challenges and opportunities of operating a Bonchon franchise in that region. Additionally, reviewing the contact information for former franchisees, as mentioned in the FDD, could offer a deeper understanding of their experiences and the factors that led to the non-renewal.