Does Bonchon reserve the right to impose a Technology Fee?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
We reserve the right to impose a Technology Fee of up to 1.0% of your monthly Gross Revenues, which will be commensurate with the expenses we or our affiliates incur in providing upgraded or new technology to you.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 45–60)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Bonchon reserves the right to impose a Technology Fee on franchisees. This fee can be up to 1.0% of the franchisee's monthly Gross Revenues.
The Technology Fee is intended to cover the expenses Bonchon or its affiliates incur when providing upgraded or new technology to franchisees. This implies that the fee is not a fixed cost but rather is contingent on Bonchon implementing new technologies across the franchise system.
For a prospective Bonchon franchisee, this means that their monthly costs could fluctuate based on technology upgrades deemed necessary by Bonchon. It is important to factor in this potential expense when evaluating the financial viability of the franchise. Franchisees should inquire about the types of technology upgrades anticipated and how frequently such upgrades have been implemented in the past to better estimate potential Technology Fee expenses.