Does the Item 19 financial data for Buona include all expenses incurred by a Buona restaurant?

According to Buona's 2025 Franchise Disclosure Document, the Item 19 financial performance representations do not include all expenses incurred by a Buona restaurant. The Item 19 data includes historical results for affiliate-owned single-brand free-standing restaurants with drive-throughs, single-brand inline restaurants, and dual-brand free-standing restaurants.

The FDD specifies that the tables showing gross sales and certain expenses do not include all expenses. Specifically, the financial statements exclude items such as local advertising, depreciation, rent, interest, initial franchise fees, management fees, income taxes, property taxes, employee benefits, and other miscellaneous expenses like furniture, technology, meeting expenses, cash over/short, credit card chargebacks, armored car services, and window washing services.

Prospective franchisees should understand that the financial performance data presented in Item 19 is limited and does not provide a complete picture of all costs associated with operating a Buona franchise. It is crucial to consider these excluded expenses and conduct an independent investigation into the potential revenue, costs, and profit potential of a Buona Business, consulting with financial, business, and legal advisors to make an informed decision.