In the context of the Buona franchise, what document name replaces all references to the 'Franchise Disclosure Document'?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Franchise Disclosure Document and all agreements carefully.
If Chicago's Original Italian Beef Franchising LLC offers you a franchise, it must provide this Franchise Disclosure Document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor, or an affiliate, in connection with the proposed franchise sale or grant.
Michigan requires us to give you this Franchise Disclosure Document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first. New York requires you to receive this Franchise Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If Chicago's Original Italian Beef Franchising LLC does not deliver this Franchise Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
Chicago's Original Italian Beef Franchising, LLC authorizes the parties identified on Exhibit A to receive service of process for Chicago's Original Italian Beef Franchising LLC in the particular state.
The name, principal business address and telephone number of each franchise seller offering the franchise is Joseph Buonavolanto, Jr., Joseph Buonavolanto III, and John Buonavolanto at 7075 Veterans Blvd., Burr Ridge, IL 60527, (708)948-0557; and check the box(es) and/or identify any additional franchise seller who offered you a franchise in the space provided below.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the document titled 'Franchise Disclosure Document' is referred to as the 'Franchise Disclosure Document' throughout the document. This document summarizes key aspects of the Franchise Agreement and other relevant information in plain language.
Prospective franchisees should carefully read the Franchise Disclosure Document and all associated agreements. Buona requires that it must provide the Franchise Disclosure Document to potential franchisees at least 14 calendar days before they sign any binding agreement or make any payment to Buona or its affiliates related to the franchise.
Some states have specific requirements regarding the delivery of the Franchise Disclosure Document. For example, Michigan requires Buona to provide the document at least 10 business days before any binding agreement or payment. New York requires delivery at the earlier of the first personal meeting or 10 business days before the agreement or payment. Failure to deliver the Franchise Disclosure Document on time or if it contains false, misleading, or omits material information, it may constitute a violation of federal and state laws, which should be reported to the Federal Trade Commission and the appropriate state agency.
Buona also authorizes specific parties, identified in Exhibit A of the Franchise Disclosure Document, to receive service of process on its behalf in particular states. The names, principal business addresses, and telephone numbers of the franchise sellers are Joseph Buonavolanto, Jr., Joseph Buonavolanto III, and John Buonavolanto, located at 7075 Veterans Blvd., Burr Ridge, IL 60527, (708)948-0557.