How many Bonchon outlets were operating in Illinois at the end of 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 | 202 |
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 9 Bonchon outlets operating in Illinois at the end of 2023. The table provided in Item 20 of the FDD details the changes in outlet numbers for each state over the past few years. In 2023, Illinois began the year with 6 outlets and opened 3 new outlets, resulting in a total of 9 outlets by the end of the year. There were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for outlets ceasing operations.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in specific states. The data helps assess market saturation and the potential for new Bonchon locations. A prospective franchisee can see the net change in the number of Bonchon locations in Illinois over the past few years, which can inform their decision-making process.
It's important to note that past performance does not guarantee future results. While Illinois saw an increase in Bonchon locations in 2023, the FDD also shows that the number of outlets remained constant in 2024. Prospective franchisees should consider these trends and conduct their own market research to determine the viability of opening a Bonchon franchise in Illinois or any other state.