What section of the Bonchon Franchise Agreement outlines the franchisee's obligation to comply with coupons, gift certificates, and voucher programs?

According to Bonchon's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations. Specifically, Section 8.29 of the Franchise Agreement details the franchisee's obligation to comply with coupons, gift certificates, and voucher programs. This obligation is further referenced in Items 8 and 11 of the Disclosure Document.

This means that as a Bonchon franchisee, you are contractually bound to accept and honor coupons, gift certificates, and voucher programs as dictated by Bonchon. This could include local, regional, or national promotions run by the company. Understanding the terms of Section 8.29 is crucial, as it will define the extent of your participation and any limitations or conditions that may apply.

Compliance with these programs can impact a franchisee's revenue and profitability. While these programs can attract customers and boost sales volume, franchisees need to understand the reimbursement process, the types of coupons or vouchers they are required to accept, and any associated costs. It is important to review Items 8 and 11 of the FDD in conjunction with Section 8.29 of the Franchise Agreement to fully understand the implications of these programs.

Prospective franchisees should carefully review Section 8.29 of the Franchise Agreement and discuss with Bonchon the specifics of these programs, including any limitations, required participation levels, and the process for reimbursement. Understanding these obligations is essential for assessing the potential financial impact on the franchise and ensuring compliance with Bonchon's policies.