When is the nonrefundable balance of the on-site training fee for a Buona franchise due?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
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On-Site Training Fee Deposit
You must pay us an on-site training fee for the on-site assistance that we will provide you at your restaurant location before and around the time of the opening of the Buona Business. When you sign the Franchise Agreement, you must pay a non-refundable on-site training fee deposit in the amount of $20,000. The nonrefundable balance of the on-site training fee will be pai
Source: Item 5 — INITIAL FRANCHISE FEE (FDD pages 14–15)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, a franchisee must pay an on-site training fee for assistance provided at the restaurant location before and around the opening. When signing the Franchise Agreement, a non-refundable deposit of $20,000 is due. The remaining balance of the on-site training fee, which is also nonrefundable, is due after the training is complete and the Buona business has opened.
This means that a portion of the on-site training fee is required upfront as a deposit, with the remainder due only after Buona has provided the training and the restaurant is open for business. This arrangement could be beneficial for franchisees as it allows them to defer the full payment until after they have received the training and are generating revenue.
It is important for prospective Buona franchisees to understand that both the initial deposit and the remaining balance of the on-site training fee are non-refundable. Therefore, franchisees should carefully consider their financial situation and business plan before entering into a franchise agreement with Buona.