How many Bonchon outlets opened in Massachusetts during 2024?
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, there were two Bonchon outlets opened in Massachusetts during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets from December 31, 2022, to December 31, 2024, showing the changes in the number of outlets in each state.
Specifically, for Massachusetts in 2024, the table indicates that there were 3 outlets at the start of the year and 5 at the end of the year. This change reflects the opening of two new Bonchon locations during that year.
This information is valuable for potential franchisees as it provides insight into the brand's growth and activity in specific regions. Observing the number of openings and closures can help assess the brand's performance and market penetration in a given state. It's important to note that while two new locations opened, the table does not specify if any closed during that time.