Under what circumstances may Bonchon waive the training requirements for a proposed Bonchon franchisee?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
That the proposed assignee and/or his, her or its proposed Operating Principal attend and receive certification in safe food handling from a state-approved food safety program and attend and successfully complete our Initial Training Program or Partner Training Program (as applicable) before the assignment, and any other training that we reasonably require, at the assignee's expense (which will include our then-current training fee and the cost of the trainee's transportation, lodging, food and other living expenses).
Each individual undergoing such training must first execute the Confidentiality/Non-Competition Agreement substantially in the form of Exhibit E.
We may waive these requirements if the proposed assignee is one of our existing franchisees in good standing.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Bonchon may waive the training requirements for a proposed franchisee under specific conditions related to franchise assignments. Bonchon may waive the requirement that a proposed assignee attend and successfully complete the Initial Training Program or Partner Training Program if the proposed assignee is an existing Bonchon franchisee in good standing. This waiver is at Bonchon's discretion.
This waiver provision applies when an existing franchisee seeks to transfer their franchise to another party. However, this potential waiver does not eliminate all training requirements. Bonchon retains the right to require any other training that it reasonably deems necessary for the proposed assignee. The assignee is responsible for covering all associated expenses, including training fees and the costs of transportation, lodging, and food.
It is important to note that even if the assignee is an existing franchisee, they must still comply with other conditions for the assignment to be approved. These conditions include demonstrating the organizational, managerial, and financial capabilities to operate the franchise, complying with Bonchon's ownership requirements, securing consent from the lessor for the lease assignment, and curing any existing defaults under agreements with Bonchon.