In Wisconsin, does the registration of the Bonchon franchise constitute approval, recommendation, or endorsement by the Commissioner of Securities of the State of Wisconsin?

According to Bonchon's 2025 Franchise Disclosure Document, if you are considering purchasing a Bonchon franchise in Wisconsin, it is important to note that the registration of the franchise does not imply approval, recommendation, or endorsement by the Commissioner of Securities of the State of Wisconsin. This means that the state's regulatory body has simply registered the franchise offering, but has not assessed its merits or risks.

This disclaimer is a standard practice in franchise regulation. Registration typically involves the franchisor providing certain information about the franchise to the state, but it does not mean the state is vouching for the franchise's viability or profitability. Prospective franchisees must conduct their own due diligence to evaluate the opportunity.

Therefore, as a potential Bonchon franchisee in Wisconsin, you should not interpret the franchise's registration as a sign of endorsement or a guarantee of success. You should carefully review the Franchise Disclosure Document, seek professional advice, and thoroughly investigate the Bonchon franchise opportunity before making any investment decisions.