For a single brand franchised Buona restaurant, should franchisees rely on the financial numbers presented for Dual Brand restaurants in Item 19?

According to Buona's 2025 Franchise Disclosure Document, if you are establishing a single brand franchised restaurant, you should not rely on the financial numbers presented for Dual Brand restaurants in Item 19. The FDD includes historical financial results for affiliate-owned Buona restaurants, broken down into categories such as Single Brand Free Standing Restaurants with Drive Thru, Single Brand Inline Restaurant, Dual Brand Free Standing Restaurants, and one Dual Brand Free Standing Restaurant with data covering a slightly different period due to its opening date.

The FDD specifies that the operations of the 8 affiliate-owned Dual Brand restaurants included in the provided table do not differ materially from those of a new franchised Dual Brand Business that is a free standing location with a drive through window, except that the affiliate-owned units sell pizza, and the new franchised Buona Businesses will not sell pizza. The document provides information on what percentage of total sales of the affiliate-owned units was derived from the sale of pizza products.

Given these differences, the FDD explicitly advises that if you are opening a single brand Buona franchise, you should review the data in the other tables of Item 19 that are specific to single brand restaurants. This is to ensure that you are using the most relevant and comparable data for your specific franchise type when evaluating potential financial performance.