What elements are included in a Franchised Business Renovation for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) In addition to the maintenance described in (a) above, Franchisee must complete a full reimaging, renovation, refurbish and modernization of the Franchised Business, within the time frame required by Franchisor, including the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor items, fixtures, furnishings, trade dress, color scheme, presentation of trademarks and service marks, supplies and other products and materials, to meet the then-current design criteria for Buona Businesses, including but not limited to such structural changes, remodeling and redecoration and such modifications to existing improvements as may be necessary to do so (a "Franchised Business Renovation").
Franchisee shall only be required to conduct a Franchised Business Renovation once during the Term and shall not be required to perform a Franchised Business Renovation if there is less than one (1) year remaining in the Term.
Nothing herein shall be deemed to limit Franchisee's other obligations during the Term to operate the Franchised Business in accordance with Franchisor's standards and specifications for the System including but not limited to the obligations set forth in this Article X.
Source: Item 23 — RECEIPTS (FDD pages 78–356)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a Franchised Business Renovation includes a full reimaging, renovation, refurbishment, and modernization of the franchised business. This encompasses various aspects of the business to meet the then-current design criteria for Buona Businesses.
The renovation includes the building design, parking lot, landscaping, equipment, and point of sale system. It also extends to the signs, interior and exterior decor items, fixtures, furnishings, trade dress, color scheme, and presentation of trademarks and service marks. The renovation also covers supplies and other products and materials.
Buona requires franchisees to conduct a Franchised Business Renovation only once during the term of the franchise agreement, provided there is more than one year remaining in the term. This renovation involves structural changes, remodeling, redecoration, and modifications to existing improvements necessary to meet the current design standards. Franchisees must continue to operate the Franchised Business in accordance with Buona's standards and specifications throughout the term, as outlined in the franchise agreement.