What is the payment schedule for the On-Site Training Fee for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid |
|---|---|---|---|---|
| On-Site Training Fee (12) | $39,228 to $69,901 | 2 lump sums | $20,000 deposit when franchise agreement is executed; balance as incurred | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the on-site training fee ranges from $39,228 to $69,901. The payment is split into two lump sums. A $20,000 deposit is due when the franchise agreement is executed. The remaining balance is due as the training expenses are incurred. The payment is to be made to Buona.
The on-site training fee covers the costs associated with Buona providing on-site training at the franchisee's location. This includes a daily rate for each training session, as well as the travel costs incurred by Buona representatives. The number of trainers and the length of the training may vary depending on what Buona deems necessary for the franchisee's operations.
Prospective franchisees should note that the on-site training fee is an estimate, and the actual cost may vary. It is important to carefully review the terms of the franchise agreement and discuss any questions or concerns with Buona before signing. Understanding the payment schedule and what the fee covers will help franchisees budget accordingly and avoid any unexpected financial burdens.