What was the total number of Bonchon franchise transfers in California during the year 2022?

According to Bonchon's 2025 Franchise Disclosure Document, there were 4 franchise transfers in California during 2022. This figure represents the number of existing Bonchon franchises that were sold to new owners within the California market during that year.

Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to personal circumstances. The number of transfers may reflect the health and stability of the franchise network within a specific region. A higher number of transfers could indicate potential challenges or turnover within the franchisee base, while a lower number might suggest greater stability.

For a prospective Bonchon franchisee, understanding the transfer history in their target market is crucial. It can provide insights into the resale opportunities and the potential demand for existing franchises. It's also important to investigate the reasons behind any transfers to assess the overall business environment and franchisee satisfaction within the Bonchon system. This information, combined with conversations with current and former franchisees, can help a potential franchisee make a more informed decision.