When is the initial franchise fee due for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
ay not be refundable depending on their policies or your arrangements with them.
- (1) Initial Franchise Fee Your Initial Franchise Fee is $40,000 and is payable in full when you sign the Franchise Agreement. The Initial Franchise Fee is non-refundable, except if we terminate your Franchise Agreement for your failure to successfully complete initial training in which case we will refund 10% of the Initial Franchise Fee paid upon delivery to us of an executed release.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the initial franchise fee of $40,000 is due in full when you sign the Franchise Agreement. This fee is generally non-refundable.
However, there is a conditional exception: if Buona terminates the Franchise Agreement because you fail to successfully complete the initial training, you may receive a partial refund. In this specific case, Buona will refund 10% of the initial franchise fee, which amounts to $4,000, provided you deliver a signed release to them.
In addition to the initial franchise fee, a $20,000 deposit for the on-site training fee is also due when signing the franchise agreement. It is important to note that these fees are non-refundable, so prospective franchisees should carefully consider their capabilities and commitment before signing the agreement.