For what purposes can Buona use and disclose personal information collected from a franchisee and its owners?

According to Buona's 2025 Franchise Disclosure Document, Buona may share personal information collected from a franchisee and its owners with its professional advisors, lenders, or affiliates. This sharing can occur when needed or under agreements with third parties related to the franchised business or the Buona system. This means that Buona can disclose franchisee information to legal counsel for advice, to banks or other financial institutions for financing purposes, or to related companies within the Buona organization. Additionally, they can share this information with external parties who have agreements connected to the franchise operation.

Buona can also provide access to or transfer files containing personal information to potential buyers or actual purchasers of the franchise system. This implies that if Buona decides to sell the franchise system, franchisee data could be included in the transaction. The new owners would then have access to this information.

The franchisee is responsible for obtaining any necessary consents from its owners and management employees to comply with these provisions. This places the onus on the franchisee to ensure that all relevant individuals are aware of and agree to the potential uses and disclosures of their personal information by Buona. This is a crucial step for franchisees to take to remain compliant with data protection regulations and to maintain transparency with their personnel.