factual

What equipment must a Buona franchisee use to record all sales?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee shall record all sales on point-of-sale equipment as required by the Manual or as otherwise approved in writing by Franchisor.

Source: Item 23 — RECEIPTS (FDD pages 78–356)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, franchisees are required to record all sales using point-of-sale equipment. The specific type of equipment is determined by the standards outlined in Buona's Manual or as otherwise approved in writing by Buona.

This requirement ensures that all sales are accurately tracked and reported, which is essential for calculating royalties, marketing fund contributions, and overall financial performance. Buona also retains the right to audit a franchisee's books, records, and accounts, including electronic access through telecommunications devices, to verify the accuracy of reported gross sales.

If an audit reveals that gross sales have been understated by more than two percent or if the audit was necessitated by the franchisee's failure to provide required reports, the franchisee is responsible for covering the costs associated with the audit, including accounting and attorney's fees. This underscores the importance of adhering to Buona's prescribed point-of-sale equipment and reporting procedures.

Prospective franchisees should carefully review the Buona operations manual and any written communications from Buona to understand the specific point-of-sale equipment requirements and ensure compliance to avoid potential penalties or disputes.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.