factual

Besides the franchise agreement, what other expenses and obligations might a Buona franchisee incur as part of their initial investment?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

hisee will pay an on-site training fee in the amount of the then-current daily fee for each of Franchisor's representatives that provide the on-site training plus the travel expenses incurred by Franchisor's representative in conducting the on-site training. Franchisee will pay a non-refundable on-site training fee deposit in the amount of Twenty Thousand Dollars ($20,000.00) upon the execution of this Agreement. The balance of the training fee shall be paid upon completion of the on-site training as determined by Franchisor and it is non-refundable.

  • 8.4 Supplemental Education**.** Franchisor may from time to time provide, and may require, that Franchisee, its owners and/or managers attend and successfully complete supplemental training, seminars, regional franchise meetings or webinars to be conducted at times and locations designated by Franchisor. Franchisor may require attendance at such training, seminars and meetings for up to five (5) days each calendar

year. Franchisor may charge a tuition fee for any such training, seminars, meetings or webinars and Franchisee will be responsible for all expenses incurred by Franchisee's owners and/or managers in attending these programs.

  • 8.5 Conferences and Conventions. Franchisor reserves the right to hold and require all franchisees to attend national, regional or local conferences for franchisees of both or either Franchisor to discuss updates to products, services, methods, operational standards, policies and procedures, and marketing and advertising. If Franchisor holds such conferences, Franchisee's owner(s) may be required to attend any conference for which Franchisor determines attendance is mandatory. Franchisor may charge Franchisee a fee to attend the conference ("Conference Registration Fee"). If Franchisor's owner(s) fail to attend any conference held during the term of this Agreement for which attendance is mandatory, Franchisee remains obligated to pay the Conference Registration Fee. Any costs or expenses associated with Franchisee's owner(s)'s attendance of such conferences will be borne solely by Franchisee.
  • 8.6 Additional Training. Franchisee may request and Franchisor may, in its sole discretion, provide additional initial or ongoing training beyond the amount normally provided to franchisees ("Additional Training"). If Franchisor provides such Additional Training, Franchisee shall pay Franchisor its then-current training fees for such Additional Training, plus any travel and living expenses incurred by Franchisor's representative if travel to Franchisee's location is necessary to conduct such Additional Training.

IX. DUTIES OF FRANCHISOR

  • 9.1 Continuing Advisory Assistance. Franchisor will make available to Franchisee such continuing advisory assistance in the operation of the Franchised Business, in person or by electronic or written communications made available from time to time as Franchisor deems advisable.
  • 9.2 Pre-Opening Assistance.

Source: Item 23 — RECEIPTS (FDD pages 78–356)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, franchisees can expect several expenses and obligations beyond the initial franchise agreement. A franchisee must pay a non-refundable on-site training fee deposit of $20,000 upon signing the agreement. The remaining balance of the training fee is due upon completion of the on-site training, as determined by Buona.

Buona may also require franchisees, their owners, and/or managers to attend supplemental training, seminars, regional franchise meetings, or webinars, potentially for up to five days each year. While Buona may charge tuition for these events, the franchisee is responsible for all travel and accommodation expenses incurred while attending these programs. Additionally, Buona reserves the right to hold national, regional, or local conferences, and may require franchisee owners to attend. Franchisees may be charged a Conference Registration Fee, and are responsible for all costs associated with attending these conferences.

Furthermore, franchisees are expected to maintain the standards of the Buona brand, which includes remodeling, re-imaging, renovating, refurbishing, and modernizing the franchised business within six months after executing the current franchise agreement. This covers aspects like building design, parking lot, landscaping, equipment, point of sale system, signs, and interior/exterior decor. Franchisees must also obtain architectural and engineering services to adapt Buona's standard plans to local laws and regulations. These ongoing investments ensure uniformity and uphold the brand's reputation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.