What is the estimated range for the 'Site Work' expenditure for a single-brand Buona free-standing restaurant?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- (3) Site Work This estimate is for the cost of developing the site for constructing a new building. You will not incur this expense if you lease the building for your Restaurant. The site costs for a building will vary significantly depending on many factors including the difficulty of site work, utilities, site grading, labor costs, local taxes and development fees and the availability of financing. You may also buy land with an existing building to convert into a Buona Restaurant in which case you will likely not incur the expenses associated with site work.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the estimated cost for site work for a single-brand, free-standing Buona restaurant ranges from $175,000 to $450,000. This cost is specifically for developing the site for new building construction. This expense is not incurred if the franchisee chooses to lease the building for their restaurant.
The FDD notes that the site costs can vary significantly based on factors such as the difficulty of the site work itself, the availability of utilities, site grading requirements, labor costs, local taxes and development fees, and the availability of financing. These factors can greatly influence the overall cost of preparing the land for construction.
It's important to note that if a franchisee opts to purchase land with an existing building for conversion into a Buona restaurant, they will likely not incur the expenses associated with site work. Therefore, the decision to build a new restaurant versus converting an existing building will significantly impact the initial investment required for site preparation.