Related Reading: If you are interested in other absentee-owned franchise opportunities, check out my article on 7 types of franchises that are suited for absentee ownership (with links to opportunities). This is huge if you want to own multiple franchises or keep your day job. He obviously has dedicated managers running the Bonchon franchises, but many franchises require their owners to be on-site managers. But Bonchon allows him to operate these franchises without having to be there 24/7. He is a local builder in the area and that’s his full-time business. We are in the process of building a new house and our builder happens to run 3 Bonchon franchises on the side. I want to pause on this last benefit and share a quick story. Local marketing support and paid digital advertising.3-week management training (with ongoing support).A franchisee support team with over 30 years of experience.
This means you could be the first in your state to open up a franchise and deliver this product, which can be a big competitive advantage. Some states, particularly states where there are concentrated Korean populations, like California, New York, New Jersey, Maryland, and Virginia have multiple franchise locations, but many states do not have any. One of the advantages of buying a Bonchon franchise is that you are getting in on the ground floor.
Minimum Requirements For Bonchon FranchiseĪvailability of Bonchon Franchising Opportunities Once your store is open, you will need to pay ongoing royalties between 3.75% to 4.75%. Included in this amount are the initial franchise fee of $40,000 and an area development fee of $10,000 if you open 3 or more locations (credited to the franchise fee). To open a Bonchon franchise you will need an initial investment between $503,879 to $1,099,004, depending on factors like restaurant size and location. How Much Does It Cost to Open a Bonchon Franchise? They are my top pick if you are an entrepreneur looking to franchise into this space. No surprise since they have mastered the seasoning and incredible crunch that is necessary for proper Korean fried chicken. They were formed in Busan, South Korea in 2002 and got their foothold in the US in the New York area. Bonchonīonchon is perhaps the best-known and most popular Korean fried chicken franchise in the US. Most of them require prior restaurant experience (although one of them does not!) and can be expensive to start (although there is a broad range spanning from $150,000 to over $1 million), but if you are a believer in the product, it may be worth it. We have collected information on some of the best Korean fried chicken chains that are currently looking for franchisees.
KOREAN BOOM CHICKEN SKIN
Pogye is prepared by stir frying chicken and then continuing to cook it uncovered with flour and seasoning liquids until the liquid has reduced and the skin is crisp – markedly different from the battered, golden-deep-fried Korean Fried Chicken that we know and love today.If you are interested in owning a Korean fried chicken franchise in the US, you are in the right place. Which is to say, this particular Korean fried chicken dish may have been in existence for quite awhile on the peninsula, but it was likely only known and enjoyed at the tables of Korean royals and aristocrats, particularly since meat was quite scarce and expensive in Korea for a very long time. Pogye first appeared in a Korean cookbook written by a royal doctor during King Sejong’s reign (1419-1450), and the dish is believed to have been in frequent rotation at the royal table. Perhaps the only significant Korean fried chicken dish of note is a dish called pogye ( 포계).
That’s not to say that Koreans had never cooked chicken by frying it before the Korean War, but frying was a very uncommon method of preparing chicken at the time.
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