For the Buona restaurants included in the table, what does 'Average' represent in the context of the financial performance representation?

According to Buona's 2025 Franchise Disclosure Document, the term "Average" in the context of the financial performance representation tables is defined as the sum of all data points, divided by the number of data points. This calculation is applied to the historical results of both single-brand and dual-brand Buona restaurants. The FDD includes financial performance data from 10 single-brand free-standing restaurants with drive-through windows and 6 free-standing dual-brand restaurants operating under the Buona and The Original Rainbow Cone brands.

For a prospective Buona franchisee, understanding how "Average" is calculated is crucial for interpreting the financial performance data presented. It provides a benchmark against which they can compare their own restaurant's performance. However, it's important to recognize that the average is just one measure and doesn't reflect the entire range of performance. The FDD also presents the high-low range and median values, which offer a more complete picture of potential financial outcomes.

Buona emphasizes that these figures are based on historical results from affiliate-owned restaurants and are not a guarantee of future performance. Numerous factors can influence a franchisee's financial success, including management experience, location, competition, and economic conditions. The FDD explicitly states, "Some outlets have earned this much. Your individual results may differ. There is no assurance that you will earn as much." Therefore, while the average provides a useful reference point, prospective franchisees should conduct their own independent investigation and seek professional advice to assess the potential profitability of a Buona franchise.