In Massachusetts, how many Bonchon franchises 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, in 2023, one franchise in Massachusetts was not renewed. The table provided in Item 20 outlines the status of franchised outlets from December 31, 2022, to December 31, 2024, showing changes in outlet numbers due to openings, terminations, non-renewals, and other reasons.
Specifically, the data for Massachusetts indicates that at the start of 2023, there were four Bonchon outlets. During 2023, there were no new openings, no terminations, and one non-renewal. This resulted in three outlets at the end of 2023.
For a prospective franchisee, this information highlights the dynamics of the Bonchon franchise network, including the stability and changes in the number of outlets. Non-renewal of a franchise can occur for various reasons, such as failure to meet performance standards or mutual agreement not to extend the franchise term. It is important to investigate the reasons behind non-renewals to assess the health and stability of the franchise system in specific regions.