What information is specified for inclusion in the Buona franchise agreement as provided in Exhibit A?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
As provided in the above franchise agreement, the following information is now available and is hereby specified for inclusion in the franchise agreement.
("Approved Location"). Description of the Buona Protected Area: Area are described as follows: [INSERT DESCRIPTION]. Non-Urban Area. If the Approved Location is in a non-urban area, the boundaries of the Buona Protected people population: The parties acknowledge and agree that the Buona Protected Area described above contains the following mile radius from the Approved Location. Urban Area. If the Approved Location is in an urban area, the Buona Protected Area shall be a one-half (1/2) If a map is attached hereto, the boundaries of the Protected Area as shown on the map shall control.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, Exhibit A of the franchise agreement pertains to the approved location and protected area granted to the franchisee. This exhibit includes specific details about the location of the Buona restaurant and the geographic area around it where Buona will not establish or license another franchisee to establish a restaurant, subject to certain conditions.
The information to be included in Exhibit A consists of the description of the Buona Protected Area. For non-urban locations, the boundaries are defined to ensure a minimum population of 60,000 people. For urban locations, the protected area extends to a one-half (1/2) mile radius around the approved location. The exhibit also notes that if a map is attached, the boundaries shown on the map will take precedence.
This exhibit is crucial for prospective franchisees as it defines the extent of their exclusive operating territory. Understanding the specifics of the protected area, including its size and population density, is essential for assessing the potential market and competition within that area. However, the FDD also notes that the franchisee does not have a protected area for the Original Rainbow Cone portion of the dual-branded franchise.