What is the source of the financial data presented for the 8 Buona affiliate-owned dual brand restaurants?

According to Buona's 2025 Franchise Disclosure Document, the financial data presented for the 8 affiliate-owned dual brand restaurants is derived from income statements. These income statements are prepared internally by Buona's affiliates for each individual restaurant. The franchisor states that these statements are consistent with generally accepted accounting principles and that the same accounting system is used for each restaurant.

It is important to note that this financial information has not been audited by an independent accounting firm. While the franchisor asserts the data is prepared according to generally accepted accounting principles, the lack of an audit means there is no independent verification of its accuracy.

Prospective franchisees should consider this when evaluating the financial performance representations. While the data can provide insights into potential revenue and expenses, the absence of an audit suggests a higher degree of risk. It would be prudent for potential franchisees to discuss these financial statements with a financial advisor and to conduct their own due diligence to assess the reliability of the data.