What is the estimated range for construction of building costs for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 7: ESTIMATED INITIAL INVESTMENT]
building. There are 2 approved building styles. One style is 3,920 square feet and the other is 4,200 square feet. The square footage may increase to 4,680 square feet for a Dual Brand Restaurant. We may allow or require variations to this size under certain circumstances. This estimate includes the expense of a new, completely finished building, including carpentry, all interior finishes, mechanical, electrical, and plumbing. This estimate also includes fees for architectural and engineering services such as site planning, state approvals and other permits for building, heating and air conditioning, plumbing, bid review, construction coordination, pay request review, and project closeout. The construction costs for a building will vary significantly depending on many factors including the size of the building, difficulty of site work, labor costs, local taxes and development fees and the availability of financing. If you are not building a new building and purchased land with an existing building, your will incur costs to convert the building to be in compliance with the specifications for a Buona Restaurant, but we would expect those costs to be less than the cost of constructing a new building.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the cost of constructing a new building for a Buona restaurant will vary significantly based on several factors. These factors include the building's size, the difficulty of site work, labor costs, local taxes and development fees, and the availability of financing. The FDD specifies that there are two approved building styles, one being 3,920 square feet and the other 4,200 square feet, but the square footage may increase to 4,680 square feet for a Dual Brand Restaurant.
The estimate provided by Buona includes the expense of a new, completely finished building. This encompasses carpentry, all interior finishes, and mechanical, electrical, and plumbing work. Additionally, the estimate covers fees for architectural and engineering services, such as site planning, state approvals, and other permits required for building, heating and air conditioning, plumbing, bid review, construction coordination, pay request review, and project closeout.
However, the FDD notes that if a franchisee is not constructing a new building but instead purchases land with an existing building, the costs to convert the existing building to comply with Buona's specifications would likely be less than the cost of constructing a new building. Prospective franchisees should carefully consider these factors and consult with Buona to understand the potential construction costs for their specific location and building type.