What happens if there is a change in the Operating Owner for a Buona franchise?

Based on the 2025 Buona Franchise Disclosure Document, the FDD does not explicitly state what happens if there is a change in the Operating Owner for a Buona franchise. However, the document does state that the franchisee's owners must at all times own a majority control over the entity that owns each Buona franchise. This implies that Buona requires its franchisees to maintain consistent ownership and control over their restaurants.

Additionally, the FDD outlines various scenarios that could lead to default and termination of the franchise agreement, such as failure to comply with the agreement's terms or a transfer of the agreement in violation of its conditions. While these clauses don't directly address a change in the Operating Owner, they highlight Buona's emphasis on adherence to the agreement and maintaining certain standards.

Therefore, a prospective franchisee should seek clarification from Buona regarding the specific procedures and requirements for changes in Operating Ownership. This inquiry should cover whether prior approval is needed, what qualifications the new Operating Owner must meet, and any potential fees or training associated with the change. Understanding these details is crucial for ensuring compliance with the franchise agreement and avoiding potential disruptions to the business.