Bonchon Business and Restaurant

Source filing: WI · filed 2026-03-05

Item 5 — Initial franchise fee

$35,000 [p.12 · WI · 2026-03-05]

Item 6 — Recurring fees (royalty & advertising)

Continuing Royalty5.0% of previous week's Gross Revenues after first twelve months of operations and continuing throughout the remainder of the Initial Term. - While in default of any provision of the Franchise Agreement (other than those defaults listed in Sections 17.01 or 17.02), 15.0% of previous week's Gross Revenues (after first twelve months of operations). See Note 1. [p.14 · WI · 2026-03-05]
System Brand Fund ContributionUp to 4.0% of Gross Revenues (currently 1.5%) [p.14 · WI · 2026-03-05]
Required Minimum Expenditure for Local AdvertisingPer New Restaurant Marketing Plan, a minimum total of $5,000 over the course of the period beginning one month before scheduled opening and ending three months after opening; then the greater of [p.14 · WI · 2026-03-05]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

Not disclosed Not disclosed

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year143 [p.88 · WI · 2026-03-05]
Franchised outlets at end of year148 [p.88 · WI · 2026-03-05]
Net change in franchised outlets5 [p.88 · WI · 2026-03-05]
Transfers7 [p.89 · WI · 2026-03-05]
Terminations0 [p.92 · WI · 2026-03-05]
Non-renewals1 [p.92 · WI · 2026-03-05]
Ceased operations (other)13 [p.92 · WI · 2026-03-05]
Company-owned outlets at end of year3 [p.88 · WI · 2026-03-05]

Item 19 — Financial performance representation

Headline cohort

All 128 Mature Franchised Restaurants (by Restaurant Concept) - Dine-In Restaurants · 2025 calendar year

Outlets in sampleAverageMedianHighLow
96 [p.84 · WI · 2026-03-05] $1,595,312 [p.84 · WI · 2026-03-05] $1,465,170 [p.84 · WI · 2026-03-05] $4,129,765 [p.84 · WI · 2026-03-05] $429,352 [p.84 · WI · 2026-03-05]

All disclosed cohorts (12)

CohortOutletsAverageMedianHighLow
All 128 Mature Franchised Restaurants (by Restaurant Concept) - Dine-In Restaurants
2025 calendar year
96 [p.84 · WI · 2026-03-05] $1,595,312 [p.84 · WI · 2026-03-05] $1,465,170 [p.84 · WI · 2026-03-05] $4,129,765 [p.84 · WI · 2026-03-05] $429,352 [p.84 · WI · 2026-03-05]
All 128 Mature Franchised Restaurants (by Restaurant Concept) - Fast Casual Restaurants
2025 calendar year
26 [p.84 · WI · 2026-03-05] $1,043,160 [p.84 · WI · 2026-03-05] $1,013,505 [p.84 · WI · 2026-03-05] $2,166,573 [p.84 · WI · 2026-03-05] $377,773 [p.84 · WI · 2026-03-05]
All 128 Mature Franchised Restaurants (by Restaurant Concept) - Remote Kitchen Restaurants
2025 calendar year
3 [p.84 · WI · 2026-03-05] $929,256 [p.84 · WI · 2026-03-05] $1,074,446 [p.84 · WI · 2026-03-05] $1,376,187 [p.84 · WI · 2026-03-05] $337,134 [p.84 · WI · 2026-03-05]
All 128 Mature Franchised Restaurants (by Restaurant Concept) - Delivery and Carryout Only Restaurants
2025 calendar year
3 [p.84 · WI · 2026-03-05] $939,251 [p.84 · WI · 2026-03-05] $702,988 [p.84 · WI · 2026-03-05] $1,403,312 [p.85 · WI · 2026-03-05] $702,454 [p.85 · WI · 2026-03-05]
Mature Franchised Dine-In Restaurants - Highest 25% Quartile
2025 calendar year
24 [p.85 · WI · 2026-03-05] $2,643,265 [p.85 · WI · 2026-03-05] $2,533,996 [p.85 · WI · 2026-03-05] $4,129,765 [p.85 · WI · 2026-03-05] $1,940,361 [p.85 · WI · 2026-03-05]
Mature Franchised Dine-In Restaurants - Second 25% Quartile
2025 calendar year
24 [p.85 · WI · 2026-03-05] $1,675,567 [p.85 · WI · 2026-03-05] $1,696,191 [p.85 · WI · 2026-03-05] $1,912,082 [p.86 · WI · 2026-03-05] $1,465,233 [p.86 · WI · 2026-03-05]
Mature Franchised Dine-In Restaurants - Third 25% Quartile
2025 calendar year
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
Mature Franchised Dine-In Restaurants - Lowest 25% Quartile
2025 calendar year
24 [p.85 · WI · 2026-03-05] $799,376 [p.85 · WI · 2026-03-05] $814,548 [p.85 · WI · 2026-03-05] $1,076,400 [p.86 · WI · 2026-03-05] $429,352 [p.86 · WI · 2026-03-05]
Mature Franchised Fast Casual Restaurants - Highest 25% Quartile
2025 calendar year
6 [p.86 · WI · 2026-03-05] $1,574,030 [p.86 · WI · 2026-03-05] $1,508,362 [p.86 · WI · 2026-03-05] $2,166,573 [p.86 · WI · 2026-03-05] $1,222,867 [p.86 · WI · 2026-03-05]
Mature Franchised Fast Casual Restaurants - Second 25% Quartile
2025 calendar year
7 [p.86 · WI · 2026-03-05] $1,130,202 [p.86 · WI · 2026-03-05] $1,126,622 [p.86 · WI · 2026-03-05] Not disclosed Not disclosed
Mature Franchised Fast Casual Restaurants - Third 25% Quartile
2025 calendar year
4 [p.87 · WI · 2026-03-05] $866,370 [p.86 · WI · 2026-03-05] $845,476 [p.86 · WI · 2026-03-05] $988,085 [p.87 · WI · 2026-03-05] $768,674 [p.87 · WI · 2026-03-05]
Mature Franchised Fast Casual Restaurants - Lowest 25% Quartile
2025 calendar year
6 [p.86 · WI · 2026-03-05] $616,997 [p.86 · WI · 2026-03-05] $664,159 [p.86 · WI · 2026-03-05] $734,401 [p.87 · WI · 2026-03-05] $377,773 [p.87 · WI · 2026-03-05]
“We set forth below certain historic financial performance information of franchised Bonchon Restaurants open and operating for a full twelve (12) month period during the 2025 calendar year.” [p.83 · WI · 2026-03-05]

Extraction notes