BonChon logo

BonChon

Top 500 #202Casual Dining GrillParent: VIG Partners / Bonchon Franchising
158 Units•HQ: Addison, TX•Est. 2002•Official Website •Verified: Sep 9, 2026 01:32:23 UTC

“Full-Service Hospitality & Bar”

Key Institutional Metrics

Verified commercial performance, store unit economics, and official regulatory disclosures

Systemwide SalesANNUAL
$0.6B
↑+2.5% 3-Yr CAGR

Total annual gross sales across all US franchised & company stores combined.

Source: CA DFPI / FDDFY2025
Total Store Fleet
158 Units
92% Franchised•8% Company

Standardized brick-and-mortar store count with verified GPS coordinates.

Source: Brand Directory2026
Store Volume (AUV)
$3.95M
Top 25%: $5.37M

Annual average sales for a single mature franchised store location.

Source: FTC Item 192025
Royalty & CapitalITEM 5/6/7
4.5% Royalty
Ad Fund: 3%

Initial investment: $2.20M – $4.80M.

Source: FDD Item 72025

Executive Intelligence Brief

Official Site

BonChon is a private equity enterprise, founded in 2002 and headquartered in Addison, TX. Ranked #202 in US restaurant systemwide sales, it stands as a premier flagship in the Casual Dining Grill category, maintaining a physical footprint of 158 store locations (92% franchised). The brand generates an average unit volume (AUV) of $3.95M per store, backed by enterprise in-store technology and multi-platform digital delivery distribution.

Casual Dining GrillLimited-Service (LSR)92% Franchised
Ownership StructurePrivate Equity
HeadquartersAddison, TX
Founded2002 (24 yrs)
Executive LeadershipSuhyun Won
Live Disclosures & WireContinuous Monitoring Active
Zero material adverse regulatory disclosures in last 90 days. SEC EDGAR and FTC crawlers active.
View Live Wire →

Commercial Index

100% VERIFIED
FDD Item 19 Filing Indexed (2025)
Geocoded Locations158 Units
POS ArchitectureNCR
Delivery Multi-HomingDoorDash · Uber Eats
SBA Solvency RatingLow Risk (2.8% default)
API Standardx402 / REST / MCP
View JSON

Three Pillars of Commercial Health

Standardized unit economics based on FDD Item 19 filings and SBA lending solvency benchmarks

Unit Profitability
Tier-1
Average Unit Sales$3.95M
Store EBITDA Margin15.5%
Food & Paper Cost31.5%
Labor Cost Ratio29%
Commercial Economics Insight:BonChon maintains standardized unit economics typical of Tier-1 Casual Dining Grill franchise networks with disciplined prime cost management.
System Expansion
+2.5% CAGR
Systemwide Sales$0.6B
Net Additions+5 Units
3-Yr Unit CAGR2.5%
International Share8%
Expansion & Scale Insight:Targeted footprint expansion in high-density suburban corridors and digital drive-thru pickup configurations.
Franchisee Solvency
Low Risk
SBA Default Rate2.8%
Capital Payback3.9 Yrs
Agreement Term10 Yrs
Renewal Rate94.5%
Lender Risk & Solvency:Historical SBA loan performance reflects solid debt service coverage (DSCR > 1.35x) across seasoned multi-unit operators.

5-Year Performance & Footprint Trend

Historical progression of total units, average unit volume (AUV), and systemwide sales

$3.32M
2020
$3.59M
2021
$3.79M
2022
$3.91M
2023
$3.95M
2024
2024 Total Fleet158 Units
2024 Average AUV$3.95M / yr
2024 System Sales$0.6B

Developer & Agent Endpoint

curl -s "https://franchisedata.io/api/brands/bonchon/locations?limit=25"

Queries up to 50 store locations with GPS coordinates, POS hardware, delivery links, and operational status. Supports ?state=CA, ?city=..., ?zip=..., ?drive_thru=true.