What written consent is required from the landlord of the Restaurant Location for a Bonchon franchise transfer?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement* | Summary |
|---|---|---|
| ii. You default under any agreement between you and the landlord of | ||
| your Restaurant Location and do not cure within the time provided in | ||
| the lease. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 71–81)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, if a franchisee defaults under any agreement with the landlord of their Restaurant Location and fails to cure the default within the time provided in the lease, Bonchon has grounds to terminate the Franchise Agreement. This highlights the critical importance of maintaining a positive landlord-tenant relationship and adhering to all lease terms.
While the FDD specifies that failure to comply with lease terms can lead to termination, it does not explicitly detail the requirements for obtaining landlord consent for a Bonchon franchise transfer. The document outlines Bonchon's right to terminate the agreement if a franchisee defaults on their lease and fails to remedy the situation within the timeframe specified in the lease agreement.
Therefore, a prospective Bonchon franchisee should directly ask the franchisor about the specific requirements for landlord's written consent during a franchise transfer. Understanding these requirements is essential to ensure a smooth transfer process and avoid potential complications related to the lease agreement.