Can a Buona developer open more Franchised Restaurants in the Development Area than required by the Development Schedule?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.4 Subject to our prior written approval, you may develop and open more Franchised Restaurants in the Development Area than you are required to develop under the Development Schedule.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a developer may open more Franchised Restaurants in the Development Area than required by the Development Schedule. However, this is subject to prior written approval from Buona.
To develop a Buona Restaurant earlier than the date set forth in the Development Schedule, the developer must comply with the Development Agreement and the applicable Franchise Agreement. The developer must also give Buona written notice of their intention to begin development of the next Buona Restaurant at least thirty (30) days before the execution of the Franchise Agreement for the applicable restaurant.
Additionally, the developer must submit a description of the proposed site, along with a letter of intent or other satisfactory evidence confirming favorable prospects for obtaining the site. The developer must also execute the then-current form of the Franchise Agreement for the applicable restaurant at the approved site and comply with its terms, as well as execute a lease or purchase agreement for the proposed site in a form approved by Buona. Finally, the developer must meet all requirements for developing and opening the Franchised Restaurant under the terms of the applicable Franchise Agreement.