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What was the total number of Bonchon outlets at the end of 2023?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Franchised 2022 111 117 +6
2023 117 127 +10
2024 127 143 +16
Company-Owned 2022 4 5 +1
2023 5 4 -1
2024 4 4 0
Total Outlets 2022 115 122 +7
2023 122 131 +9
2024 131 147 +16

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 84–91)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, at the end of 2023, there were a total of 131 Bonchon outlets. This number includes both franchised and company-owned locations. Specifically, there were 127 franchised outlets and 4 company-owned outlets.

For a prospective franchisee, this indicates the overall size and scale of the Bonchon franchise system. It shows the number of units that were operational as of that date. This information can be useful in assessing the brand's market presence and growth trajectory.

It's important to note that the number of outlets can fluctuate due to various factors such as new openings, closures, and transfers. Reviewing the historical data for outlet numbers over several years, as presented in the FDD, provides a more comprehensive understanding of the brand's stability and expansion efforts. A prospective franchisee should also inquire about the specific reasons for any outlet closures to better evaluate the health of the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.