What is the range for estimated real property costs for opening a Bonchon dine-in restaurant?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
owntown, suburban, rural or on a highway. Since real estate values vary dramatically from region to region, we cannot accurately estimate your rent, but monthly rental costs in our experience, nationwide, range from approximately $4,000 per month to $25,000 per month for a Restaurant Location. To estimate the rental expense for your Restaurant Location, apply the above square footage requirements to the local real estate rental costs in the area where your Restaurant Location will be located. In addition to paying monthly rent, the landlord may require that you pay a rent deposit equal to one to three month's rent or some other amount. Whether or not you will be required to pay a rent deposit may depend on your creditworthiness. Rent deposits are generally refundable. It is our experience that some landlords will require you to pay the 1 st months' rent as a portion of the rent deposit and that such deposit will be held until the rent commencement date at which time the landlord will apply that portion to your 1st month's rent. Other than that, it has been our experience that landlords will not apply rent deposits towards rent
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 monthly rental costs for a dine-in restaurant can range from approximately $4,000 to $25,000. Bonchon restaurants are typically located in strip shopping centers or malls but can also be in downtown, suburban, rural, or highway locations.
In addition to monthly rent, the landlord may require a rent deposit, typically one to three months' rent, the amount of which can depend on the franchisee's creditworthiness. Some landlords may require the first month's rent as part of the rent deposit, which will be applied to the first month's rent upon the rent commencement date.
Prospective Bonchon franchisees should investigate local real estate rental costs in their desired area, considering the square footage requirements for a restaurant location, to estimate their rental expenses. Franchisees should also factor in potential rent deposits and other lease-related expenses when budgeting for their Bonchon restaurant.