factual

How often during the term of the agreement is a Buona franchisee required to complete a Franchised Business Renovation?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (b) In addition to the maintenance described in (a) above, Franchisee must complete a full reimaging, renovation, refurbish and modernization of the Franchised Business, within the time frame required by Franchisor, including the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor items, fixtures, furnishings, trade dress, color scheme, presentation of trademarks and service marks, supplies and other products and materials, to meet the then-current design criteria for Buona Businesses, including but not limited to such structural changes, remodeling and redecoration and such modifications to existing improvements as may be necessary to do so (a "Franchised Business Renovation").

Franchisee shall only be required to conduct a Franchised Business Renovation once during the Term and shall not be required to perform a Franchised Business Renovation if there is less than one (1) year remaining in the Term.

Nothing herein shall be deemed to limit Franchisee's other obligations during the Term to operate the Franchised Business in accordance with Franchisor's standards and specifications for the System including but not limited to the obligations set forth in this Article X.

Source: Item 23 — RECEIPTS (FDD pages 78–356)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, a franchisee is typically required to complete a Franchised Business Renovation only once during the term of the agreement. This renovation includes modernizing the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor, fixtures, furnishings, trade dress, color scheme, trademarks, supplies, and other products to meet Buona's current design criteria. These renovations may involve structural changes, remodeling, and redecoration.

However, there is an exception: a franchisee will not be required to perform a Franchised Business Renovation if there is less than one year remaining in the term of the franchise agreement. This condition provides some relief to franchisees nearing the end of their term, preventing them from having to invest in a major renovation with limited time left to benefit from it.

It is important to note that this renovation requirement does not limit the franchisee's other obligations to operate the Franchised Business in accordance with Buona's standards and specifications throughout the term. This includes maintaining the premises and equipment to a high standard, as detailed in the franchise agreement and operational manuals. This ensures that all Buona locations maintain a consistent brand image and quality of service.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.