How long does a Buona franchisee have to open the franchised business after written site approval for a ground-up construction?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) Franchisee fails to obtain site approval for the Franchised Business within six (6) months of the date of the execution of this Agreement for a location requiring ground up construction and within four (4) months of the date of the execution of this Agreement for an existing location as required by Section 6.2; or Franchisee fails to open the Franchised Business with Franchisor's approval as required in Section 6.5 within twelve (12) months of Franchisor's written approval of the site for the Franchised Business for a ground up construction or within six (6) months of Franchisor's written approval of the site for an existing location.
However, Franchisor may in its sole discretion extend this period for matters not within control of Franchisee or for other mutually agreed upon grounds;
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a franchisee has 12 months to open their business after Buona gives written approval of the site for a ground-up construction. If the location is an existing location, the franchisee has 6 months to open.
Buona may extend this period at its discretion if the delays are outside the franchisee's control or due to other mutually agreed-upon reasons. If the franchisee fails to open the franchised business within the specified time, Buona has the right to terminate the agreement.
This timeline is important for prospective franchisees to consider, as it sets clear expectations for how quickly they must proceed with development and opening once a site is approved. Failure to meet this deadline could result in the termination of the franchise agreement, so it's crucial to have a well-thought-out plan and be prepared to execute it efficiently.