Is the money spent on cooking utensils ordered from Bonchon LLC refundable?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
n their own as major equipment purchases. Included in the smallwares, each Restaurant will order various cooking utensils from our affiliate Bonchon LLC at an estimated cost of between $100 and $200. These amounts are included in the estimate o
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT\ (FDD pages 24–37)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the money spent on cooking utensils ordered from Bonchon LLC is not refundable. Each Bonchon restaurant is required to order various cooking utensils from Bonchon LLC, an affiliate of the franchisor. The estimated cost for these utensils ranges from $100 to $200.
This non-refundable policy means that once a franchisee purchases these cooking utensils, they cannot return them for a refund, regardless of the reason. This could pose a financial risk if a franchisee orders more utensils than needed or if their restaurant experiences unforeseen circumstances that impact their ability to use the utensils.
Prospective Bonchon franchisees should carefully consider this non-refundable aspect when planning their initial investment and managing their inventory. It would be prudent to assess the specific cooking utensil needs of their restaurant location and avoid over-ordering to minimize potential losses.