How many Bonchon restaurants opened in New Jersey 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 |
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 2 Bonchon restaurants opened in New Jersey during 2024. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and closed for each state. At the start of 2024, there were 7 Bonchon restaurants in New Jersey. By the end of 2024, that number increased to 9 due to the opening of the 2 new restaurants.
This information is crucial for potential franchisees as it provides insight into the brand's growth and presence in specific markets. The data helps assess the saturation and potential for new Bonchon locations in New Jersey. It also allows prospective franchisees to evaluate the overall health and expansion rate of the Bonchon franchise system.
It is important to note that while the FDD provides historical data on outlet openings, it does not guarantee future performance. Market conditions, competition, and other factors can influence the success of a Bonchon franchise. Therefore, prospective franchisees should conduct their own due diligence and market research to determine the viability of a Bonchon franchise in their desired location.