When developing a new Buona Franchised Restaurant, how much advance written notice must a franchisee provide before executing the Franchise Agreement for that restaurant?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) By giving us written notice of your 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;
- (b) By submitting to us a description of the proposed site, together with a letter of intent in a form approved by us or other evidence satisfactory to us which confirms your favorable prospects for obtaining the proposed site;
- (c) By executing the then-current form of the Franchise Agreement for the applicable restaurant at the approved site and complying with its terms. We acknowledge that the franchisee for each Franchise Agreement may be a separate entity owned by your Owners.
- (d) By executing a lease, in a form approved by us, or purchase agreement for the proposed site; and
- (e) By meeting all of the requirements for developing and opening the Buona Restaurant
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a franchisee must provide written notice of their intention to begin development of the next Buona restaurant at least thirty (30) days before executing the Franchise Agreement for that restaurant. This advance notice allows Buona to prepare for the new location and ensure that the franchisee is ready to proceed.
In addition to providing written notice, the franchisee must also 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 franchisee must also execute the then-current form of the Franchise Agreement and a lease or purchase agreement for the proposed site.
These requirements ensure that Buona maintains control over the development process and that new locations meet the brand's standards. For a prospective franchisee, this means careful planning and preparation are necessary before signing a Franchise Agreement. Failing to provide adequate notice or meet other development obligations could delay or even prevent the opening of a new Buona restaurant.