What is the amount of the non-refundable on-site training fee deposit that must be paid when signing the Buona Franchise Agreement?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
ainbow Express franchise.
On-Site Training Fee Deposit
You must pay us an on-site training fee for the on-site assistance that we will provide you at your restaurant location before and around the time of the opening of the Buona Business. When you sign the Franchise Agreement, you must pay a non-refundable on-site training fee deposit in the amount of $20,000. The nonrefundable balance of the on-site training fee will be pai
Source: Item 5 — INITIAL FRANCHISE FEE (FDD pages 14–15)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, when signing the Franchise Agreement, a franchisee must pay a non-refundable on-site training fee deposit of $20,000. This fee covers the on-site assistance that Buona will provide at the restaurant location before and around the time of its opening.
The remaining balance of the on-site training fee, which is also non-refundable, is due after the training is complete and the Buona restaurant has opened for business. This two-part payment structure means that a significant portion of the training fee is paid upfront and is non-refundable, regardless of whether the franchisee successfully completes the training or opens the business.
Franchisees should carefully consider this non-refundable deposit, as it represents a financial commitment made early in the franchise process. It is important to understand the full scope of the on-site training provided by Buona and to assess the value of this training in relation to the fee. Prospective franchisees should inquire about the total on-site training fee, what it covers, and the conditions under which the remaining balance is due.