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FranchiseVerdict

Bonchon vs FIVE GUYS®

Franchise Comparison 2026

Both Bonchon and FIVE GUYS® are quick-service restaurants franchises. Bonchon requires an investment of $1.0M – $1.3M while FIVE GUYS® requires $928K – $1.4M. Bonchon discloses average revenue of $1.6M; FIVE GUYS® does not report Item 19 data. On SBA loan performance, FIVE GUYS® has a lower charge-off rate (0.0%) compared to Bonchon (6.7%). FranchiseVerdict rates Bonchon A (Strongest tier) and FIVE GUYS® A (Strongest tier).

Investment Range
$1.0M – $1.3M
$928K – $1.4M
Franchise Fee
$35K
$25K
Royalty Rate
5.0%
6.0%
Average Revenue (Item 19)
$1.6M
N/A
SBA Charge-Off Rate
6.7% (30 loans)
0.0% (35 loans)
Total Units
151
1,558
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2011
2017
FDD Year
2026
2025