What accounting system is used to prepare the income statements for the Buona affiliate-owned restaurants?

According to Buona's 2025 Franchise Disclosure Document, the income statements for the affiliate-owned restaurants are prepared internally and are consistent with generally accepted accounting principles. The same accounting system is used for each restaurant. It is important to note that this information has not been audited, meaning an independent review of the financial data has not been conducted to verify its accuracy.

This standardized approach to accounting provides a level of consistency across all affiliate-owned locations, making it easier to compare financial performance between different units. However, prospective franchisees should be aware that these statements do not include all expenses, such as local advertising, depreciation, rent, interest, franchise fees, management fees, and income and property taxes. These must be calculated separately.

While the FDD provides financial performance representations based on these income statements, Buona emphasizes that individual results may vary. Factors such as management experience, location, competition, and economic conditions can all influence a franchisee's financial outcome. Therefore, it is crucial for potential franchisees to conduct their own independent investigation and seek advice from financial, business, and legal advisors before making a decision.