factual

What specific areas are included in the full reimaging, renovation, refurbish and modernization of a Buona Franchised Business?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (b) In addition to the maintenance described in (a) above, Franchisee must complete a full reimaging, renovation, refurbish and modernization of the Franchised Business, within the time frame required by Franchisor, including the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor items, fixtures, furnishings, trade dress, color scheme, presentation of trademarks and service marks, supplies and other products and materials, to meet the then-current design criteria for Buona Businesses, including but not limited to such structural changes, remodeling and redecoration and such modifications to existing improvements as may be necessary to do so (a "Franchised Business Renovation").

Franchisee shall only be required to conduct a Franchised Business Renovation once during the Term and shall not be required to perform a Franchised Business Renovation if there is less than one (1) year remaining in the Term.

Source: Item 22 — CONTRACTS (FDD page 78)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, a full reimaging, renovation, refurbishing, and modernization of a Buona franchised business includes several specific areas. This renovation, which Buona refers to as a "Franchised Business Renovation," encompasses the building design, parking lot, landscaping, equipment, point of sale system, signs, interior and exterior decor items, fixtures, furnishings, trade dress, color scheme, presentation of trademarks and service marks, supplies, and other products and materials. The goal of this renovation is to meet the then-current design criteria for Buona businesses.

For a prospective Buona franchisee, this means that they will be required to update their franchised business to align with Buona's current brand standards. This includes not only the physical appearance of the restaurant, both inside and out, but also the technology used (point of sale system) and the presentation of the brand itself (trade dress, color scheme, trademarks). The franchisee is responsible for covering the expenses associated with this renovation.

Buona requires franchisees to conduct a Franchised Business Renovation only once during the term of their agreement, provided there is more than one year remaining in the term. This renovation may involve structural changes, remodeling, redecoration, and modifications to existing improvements as necessary to meet the updated design criteria. This requirement ensures that all Buona locations maintain a consistent and up-to-date brand image, which is crucial for customer recognition and overall brand success. Franchisees should factor in the potential cost of this renovation when evaluating the financial aspects of investing in a Buona franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.