Who is the sole individual Bonchon will communicate with when seeking to communicate with the franchisee?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
You must designate an "Operating Principal" for your franchised Business. If you are an individual, then you must serve as Operating Principal and if you are an entity, you must designate an individual who either owns a majority interest in the franchised Business or, where there is no majority owner, who we otherwise approve of in writing. Before you designate the Operating Principal, you must identify such individual to us; furnish information to us regarding the candidate's background, experience and credentials; and, secure our prior written approval of the candidate, which we will not unreasonably withhold or deny. Your Operating Principal must have complete decision-making authority with regard to your franchised Bonchon Business and must have authority to in all respects act on your behalf under this Agreement. Your Operating Principal is the sole individual with whom we will be required to communicate when we seek to communicate with you. Either the Operating Principal and/or you must satisfy our initial training requirements pursuant to Section 7.02 hereof.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the company will communicate solely with the Operating Principal when they need to contact the franchisee.
The franchisee must designate an Operating Principal for their Bonchon business. If the franchisee is an individual, they must serve as the Operating Principal. If the franchisee is an entity, they must designate an individual who owns a majority interest in the business or someone Bonchon approves in writing if there is no majority owner.
Before designating the Operating Principal, the franchisee must provide Bonchon with information about the candidate's background, experience, and credentials and secure Bonchon's prior written approval, which Bonchon will not unreasonably withhold. The Operating Principal must have complete decision-making authority regarding the Bonchon business and act on the franchisee's behalf under the Franchise Agreement. The Operating Principal and/or the franchisee must also satisfy Bonchon's initial training requirements.