What is the range of estimated costs for land acquisition for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
filiate Five Flavors the initial franchise fee of $20,000 for a Rainbow Express.
- (2) Land This estimate assumes that you will acquire land and build a building for the restaurant. The estimate covers the cost of acquiring land. Your initial investment will be less if you lease the land upon which your Restaurant sits. The estimated low range for leasing land is $75,000 annually and the estimate high range for leasing is $225,000 annually. The cost of purchasing unimproved land or leasing land will vary significantly depending on location, availability of utilities and other factors. Depending on the market conditions and other factors in your geographic area, your land costs may vary from the estimates provided in this Item 7. We
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–32)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the cost of acquiring land for a restaurant building is included in the initial investment if a franchisee chooses to purchase land rather than lease. The document estimates the size of the land needed will range from 45,000 to 60,000 square feet.
The FDD indicates that the cost of purchasing unimproved land or leasing land can vary significantly based on location and the availability of utilities, among other factors. The estimated low range for leasing land is $75,000 annually, while the high range is $225,000 annually. These figures are estimates, and actual land costs may vary depending on market conditions and other factors specific to the franchisee's geographic area.
It's important to note that these costs are specifically for franchisees who choose to purchase land and construct a new building. If a franchisee opts to lease the land, their initial investment will be lower. Additionally, if a franchisee purchases land with an existing building to convert into a Buona restaurant, they will likely not incur the expenses associated with site work, potentially reducing their overall investment.