The table above contains financial performance information from “Mature Franchised Restaurants” aka franchised Bonchon Restaurants that were open and operating for a full twelve (12) month period during the 2019 and 2020 calendar years.
Although there were a total of 98 and 104 franchised Bonchon Restaurants operating in 2019 and 2020, respectively, 78 and 67 franchised Bonchon Restaurants qualified as Mature Franchised Restaurants during such reporting years and were included in the table.
In 2019 43% met or exceeded the 2019 yearly average Gross Revenues, with the highest Gross Revenues earned being $3,180,142 and the lowest Gross Revenues earned being $339,027.
In 2020 42% met or exceeded the 2020 yearly average Gross Revenues, with the highest Gross Revenues earned being $2,938,025 and the lowest Gross Revenues earned being $450,053.