When is the initial franchise fee due for a Buona inline single brand 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
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 for a Buona inline single brand franchise is due when the Franchise Agreement is signed. The initial franchise fee is $40,000.
Buona notes that the initial franchise fee is generally non-refundable. However, if Buona terminates the Franchise Agreement because the franchisee fails to successfully complete the initial training, Buona will refund 10% of the initial franchise fee. To receive the 10% refund, the franchisee must deliver an executed release to Buona.
Prospective franchisees should carefully consider the non-refundable nature of the initial franchise fee and ensure they are fully prepared to meet all training requirements. It is advisable to clarify all conditions regarding the initial training program and potential termination scenarios with Buona before signing the Franchise Agreement.