factual

What is the range of estimated expenses for pre-opening training for a Bonchon franchise?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

(1) Type of expenditure (2) Amount (3) Method of payment (4) When due (5) To whom payment is to be made
Initial Franchise Fee $35,000 See Item 5 and Note 1 Lump Sum At signing of Franchise Agreement Us
Pre-Opening Training expenses $6,321- $19,711 See Note 2 As airlines, hotels, restaurants, etc. require As airlines, hotels, restaurants, etc. require Airlines, hotels, restaurants, etc.
Real property $4,000 – $11,250 See Note 3 As landlord requires As landlord requires Landlord
Construction and Leasehold Improvements $250,000 - $300,000 See Note 4 See Note 4 As Contractor requires Contractor

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 estimated expenses for pre-opening training range from $6,321 to $19,711. These expenses cover costs like airlines, hotels, and restaurants, which are paid directly to those providers as they require.

Bonchon provides the Initial Training Program at no charge for the franchisee (if an individual) or the Operating Principal (if a business entity), as well as for the General Manager, Manager, and Area Manager. However, the franchisee is responsible for covering all living and transportation expenses for their trainees. These travel expenses will vary depending on the trainee's home base location, their ability to commute to the training base, and the number of individuals attending the Initial Training Program or Partner Training Program.

Lodging and food expenses are also the franchisee's responsibility and depend on the number of people being trained and the class of accommodation chosen. These costs also include expenses incurred during the on-site opening training and assistance that Bonchon provides during the 12-14 days surrounding the restaurant's opening. Franchisees should budget accordingly to ensure adequate funding for these essential training components.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.