What was the total amount of receipts for Bonchon in 2022?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
into a 20-year non-exclusive license agreement with Jin Duk Seo (the "Licensor") for the use of the registered name "Bonchon" (the "license agreement"), which is automatically renewable for additional consecutive terms of 20 years after the initial 20-year term unless the part
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the total receipts for Bonchon in 2022 amounted to $87,486. This figure represents the combined receipts of Bonchon U.S.A., Inc. and Bonchon Allston LLC. The receipts for Bonchon U.S.A., Inc. were $50,268, while Bonchon Allston LLC had receipts of $37,218 in 2022.
It is important to note that these figures represent the receipts for specific entities within the Bonchon franchise system, not necessarily the total gross revenue of all Bonchon franchise locations. The table provides a breakdown of receipts for Bonchon U.S.A., Inc., Bonchon Allston LLC, and 267W LLC, offering a glimpse into the financial performance of these specific entities within the Bonchon system.
A prospective franchisee should understand that these receipt figures may not be representative of the potential revenue for a new franchise location. Factors such as location, market conditions, and operational efficiency can significantly impact a franchise's financial performance. Therefore, it is crucial for potential franchisees to conduct their own thorough financial analysis and due diligence, and speak with existing franchisees to gain a more comprehensive understanding of potential revenue streams.