For the Buona restaurants included in the table, what does 'Median' represent in the context of the financial performance representation?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
The table below shows the high-low range, average, and median for each entry for the historical results of all 10 single brand free standing Buona restaurants with drive through windows included in tables above.
The same definitions listed above apply to the table below. Additional defined terms for the table below are:
"Median" is the data point that is in the center of all data points used.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 60–75)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the median in the financial performance representation tables is defined as the data point that sits in the center of all data points used. This means that when the financial performance data (such as sales or expenses) from all included Buona restaurants are arranged in order, the median value is the one that falls exactly in the middle.
For a prospective Buona franchisee, the median offers a different perspective compared to the average (mean). The median is less sensitive to extreme high or low values, which can skew the average. For example, if one Buona location has exceptionally high sales due to a unique circumstance, it would raise the average sales figure, but the median would remain more stable and representative of the 'typical' performance.
Therefore, the median can be a useful benchmark for understanding the more common or central performance level among the included Buona restaurants. A franchisee might consider both the average and median to get a more rounded view of potential financial outcomes, understanding that their individual results could vary based on location, management, and local market conditions.