What is the deposit amount required for the on-site training fee when signing the Buona franchise agreement?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid |
|---|---|---|---|---|
| On-Site Training Fee (12) | $39,228 to $69,901 | 2 lump sums | $20,000 deposit when franchise agreement is executed; balance as incurred | Us |
| Additional Funds – 3 | $40,000 to | As Incurred | As Incurred | Third Parties |
| Months(13) | $100,000 |
- (12) Onsite Training Fee This is an estimate of the on-site training fees that you must pay to us for the on-site training we provide to you.
You pay us a $20,000 deposit on this fee when you sign the franchise agreement.
The fee is based on a daily rate for each training on-site plus the travel costs incurred by our
representatives who travel to your site for the training. The number of trainers and the length of training may vary based on the training we deem necessary for you and your operations.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a franchisee must pay a $20,000 deposit for the on-site training fee when signing the franchise agreement. The total on-site training fee ranges from $39,228 to $69,901. The balance of the on-site training fee is due as incurred.
The on-site training fee covers the costs associated with Buona providing on-site training to the franchisee. This fee is based on a daily rate for each training session conducted at the franchisee's location, in addition to covering the travel and living expenses of Buona's representatives who travel to the site for training. The number of trainers and the duration of the training sessions can vary, depending on what Buona deems necessary for the franchisee's operations.
Prospective franchisees should note that the deposit is non-refundable. It is important to carefully consider the estimated total cost of the on-site training and factor it into their overall budget. Franchisees should also inquire about the specific factors that could influence the final cost, such as the number of trainers, the length of training, and potential travel expenses.