What is a 'Franchised Business Renovation' for a Buona franchise, as defined in the FDD?
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.
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' involves a comprehensive upgrade of the franchise location. This includes reimaging, renovation, refurbishment, and modernization of various aspects of the business.
The renovation encompasses the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor, fixtures, furnishings, trade dress, color scheme, presentation of trademarks and service marks, supplies, and other materials. The goal is to meet the then-current design criteria for Buona Businesses, potentially involving structural changes, remodeling, redecoration, and modifications to existing improvements.
Buona requires franchisees to conduct this renovation only once during the term of the franchise agreement, provided there is more than one year remaining in the term. This renovation ensures that each Buona location maintains a consistent brand image and meets current standards, which is typical in the franchise industry to uphold brand uniformity and customer expectations.