When must the Buona franchisee pay the renewal fee?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
| SECTION A: INTRODUCTION | Interest ◄16 |
|---|---|
| WELCOME LETTER FROM THE BUONAVOLANTO | Liquidated Damages ◄16 |
| FAMILY1 | Management Fee◄16 |
| HISTORY OF BUONA3 | Mystery Shopper Fee ◄16 |
| MISSION4 | National Account Services Fee ◄16 |
| VISION5 | Non-Compliance Fee ◄17 |
| VALUE STATEMENT6 | On-Site Training Fee ◄17 |
| SERVICES PROVIDED TO BUONA FRANCHISEES7 | Quality Assurance Audit Fee ◄17 |
| Advertising Materials and Sales Aids ◄7 | Relocation Fee ◄17 |
| Approved Suppliers ◄7 | Renewal Fee ◄17 |
| Construction Assistance ◄8 | Right to Operate Upon Default ◄17 |
| Corporate Website ◄8 | Royalty ◄18 |
| Design Assistance ◄8 | Service Charges and Insufficient Funds ◄18 |
| Franchisee Advisory Councils ◄8 | Supplemental Training ◄18 |
| Initial On-Site Assistance ◄9 | Supplier/Product Testing ◄18 |
| Initial Training ◄9 | Taxes ◄18 |
| Management and Operations Advice ◄9 | Technology Fee ◄18 |
| Ongoing Research and Development ◄9 | Technology Maintenance and Upgrades ◄19 |
| Ongoing Training and Support ◄10 | Transfer Fee ◄19 |
| Protected Territory ◄10 | |
| Site Selection ◄10 | SECTION B: PRE-OPENING PROCEDURES |
| Use of Trademarks ◄10 | PRE-OPENING CHECKLIST1 |
| RESPONSIBILITIES OF BUONA FRANCHISEE AND | Development Cost Summary Sheet ◄8 |
| STAFF11 | ESTABLISHMENT OF BUSINESS FORM9 |
| Responsibilities to Guests ◄11 | SITE SELECTION PROCESS10 |
| Responsibilities to Your Employees ◄11 | Site Selection Criteria ◄10 |
| Responsibilities to the Franchisor ◄12 | Market Analysis ◄11 |
| Responsibilities to Other Franchisees ◄12 | Gaining Site Selection Acceptance ◄13 |
| VISITS FROM THE CORPORATE OFFICE13 | Lease Considerations ◄13 |
| PAYING OTHER FEES14 | Negotiating a Lease ◄13 |
| Additional Initial Training ◄14 | Gaining Lease Acceptance ◄15 |
| Additional On-Site / Remedial Training ◄14 | Working with an Architect ◄16 |
| Additional Training Assistance ◄14 | Selecting a Contractor ◄16 |
| Audit ◄14 | Building Out the Restaurant Facility ◄17 |
| Brand Marketing Fund Contribution ◄15 | Pre-Opening Inspection ◄20 |
| Conference Registration Fee ◄15 | INITIAL INVENTORY22 |
| Costs and Attorneys' Fees ◄15 | TECHNOLOGY REQUIREMENTS23 |
| Guest Satisfaction Reimbursement ◄15 | LOGO AND SIGNAGE SPECIFICATIONS24 |
| Indemnification ◄15 | Business Cards and Letterhead ◄24 |
| Insurance Fees ◄15 | Signage Requirements ◄25 |
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, Item 22 mentions 'Renewal Fee' within a table outlining various fees and topics related to the franchise agreement. However, the document does not specify the exact timing or conditions for paying the renewal fee.
While the table indicates that a renewal fee exists, the FDD excerpt does not provide details on when this fee is due. This is a crucial piece of information for prospective franchisees as it impacts their long-term financial planning and operational costs.
To fully understand the renewal process and associated costs, a prospective Buona franchisee should ask the franchisor directly about the amount of the renewal fee, when it must be paid (e.g., upon application for renewal, prior to the renewal term), and any conditions that must be met to qualify for renewal. This information is essential for making an informed investment decision.