Does Buona have any parent companies or predecessors?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
We have no predecessors or parent.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, Buona does not have any predecessors or parent companies. However, the document identifies three affiliates that sell products or services to Buona franchisees: The Buona Companies, L.L.C., Authentic Brands of Chicago LLC, and Keystone Planning + Design, PLLC. Additionally, Five Flavors Franchising LLC is listed as an affiliate that offers franchises in a different line of business, specifically for The Original Rainbow Cone businesses.
While Buona itself has no parent or predecessor, it's important for prospective franchisees to understand the roles and relationships of these affiliates. The Buona Companies, L.L.C. manages and operates Buona businesses owned by another affiliate, Buona Beef LLC, and also owns the Marks and System, licensing them to Buona. Authentic Brands of Chicago LLC and Keystone Planning + Design, PLLC also provide products and services to franchisees. Five Flavors Franchising LLC offers franchises for The Original Rainbow Cone, and in some instances, Buona and Five Flavors may offer a Dual Brand Business opportunity.
Understanding the affiliate relationships is crucial for potential franchisees as these entities play a significant role in the Buona franchise system. The affiliates provide essential products, services, and support, and in some cases, offer dual-branding opportunities. This complex structure highlights the importance of carefully reviewing the Franchise Disclosure Document and related agreements to fully understand the obligations and benefits associated with each entity.