Under Illinois law, what sections of the Illinois Franchise Disclosure Act outline a Bonchon franchisee's rights upon Termination and Non-Renewal?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Your rights upon Termination and Non-Renewal are set forth in sections 19 and 20 of the Illinois Franchise Disclosure Act.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Illinois Addendum specifies that a franchisee's rights regarding termination and non-renewal are detailed in sections 19 and 20 of the Illinois Franchise Disclosure Act. This means that prospective Bonchon franchisees in Illinois should carefully review these sections within the Illinois Franchise Disclosure Act to understand their rights and obligations should Bonchon decide to terminate the franchise agreement or not renew it upon its expiration.
This provision ensures that Bonchon franchisees operating in Illinois are aware of the specific legal protections afforded to them under Illinois law concerning the termination or non-renewal of their franchise agreement. It also confirms that Illinois law takes precedence over conflicting terms that may be present in the standard franchise agreement, offering a degree of security and clarity for franchisees within the state.
Prospective franchisees should obtain a copy of the Illinois Franchise Disclosure Act and consult with a legal professional to fully understand the implications of sections 19 and 20. This will help them assess the risks and benefits associated with investing in a Bonchon franchise in Illinois and make informed decisions.