In California, what is the effect of the Commissioner of Financial Protection and Innovation's registration of Buona franchises?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
ALTHOUGH THESE FRANCHISES HAVE BEEN REGISTERED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF CALIFORNIA, SUCH REGISTRATION DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE COMMISSIONER OF FINANCIAL PROTECTION AND INNOVATION NOR A FINDING BY THE COMMISSIONER THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the registration of its franchises in California by the Commissioner of Financial Protection and Innovation does not constitute an endorsement or validation of the franchise opportunity. Specifically, the registration does not imply that the Commissioner approves, recommends, or endorses the franchise.
Furthermore, the registration does not represent a finding by the Commissioner that the information provided in the Franchise Disclosure Document (FDD) is accurate, complete, and not misleading. This means that while Buona is registered to offer franchises in California, prospective franchisees must conduct their own due diligence to verify the information presented to them.
This disclaimer is a standard practice in franchise regulation. Registration typically indicates that a franchisor has met certain minimum requirements for offering franchises in a particular state, but it does not substitute for a franchisee's own investigation into the viability and risks associated with the franchise. Therefore, potential Buona franchisees in California should not rely solely on the registration status as an indicator of the franchise's quality or potential for success.