factual

For a Buona franchise transfer, who is required to successfully complete the training courses in effect for new franchisees?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 15.3 Conditions of Consent.

Franchisor shall not unreasonably withhold its written approval of a transfer, provided Franchisee and the assignee or transferee have met all of the following conditions as determined by Franchisor in its sole discretion:

  • (d) Franchisor shall have determined, to its satisfaction, that the transferee's qualifications meet Franchisor's then-current criteria for new franchisees;

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

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, a transferee in a franchise transfer must meet Buona's then-current criteria for new franchisees. This implies that the transferee may be required to complete the training courses in effect for new franchisees at the time of the transfer.

Specifically, the FDD states that Buona must determine, to its satisfaction, that the transferee's qualifications meet the company's current criteria for new franchisees. This gives Buona the discretion to assess the transferee's capabilities and mandate training if necessary. The transferee's acceptance is a condition for the transfer to be approved.

This requirement ensures that the new franchisee is adequately prepared to operate the Buona franchise according to the company's standards. It protects the brand's reputation and the consistency of operations across all franchise locations. A prospective franchisee should inquire with Buona about the specifics of these training requirements during the transfer process.

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.