When is the deposit due for the On-Site Training Fee for a Buona inline single brand franchise?
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 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a $20,000 deposit for the On-Site Training Fee is due when the franchise agreement is signed. The total estimated On-Site Training Fee ranges from $39,228 to $69,901. The remaining balance of the On-Site Training Fee is paid as incurred.
The On-Site Training Fee covers the costs associated with Buona providing on-site training at the franchisee's location. This fee is based on a daily rate for each training session, along with the travel and living expenses of Buona's representatives. The number of trainers and the duration of the training 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 and payment terms before signing the franchise agreement. Understanding the factors that influence the final fee, such as the number of trainers and length of training, can help franchisees budget accordingly. Franchisees should also confirm what specific expenses are covered within the daily rate and travel costs to avoid unexpected charges.