What specific areas are included in the full reimaging, renovation, refurbish, and modernization required for a Buona Franchised Business?
Buona Franchise · 2025 FDDAnswer 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, refurbishment, and modernization of a franchised business includes several specific areas. This renovation, referred 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 renovation is intended to meet the then-current design criteria for Buona businesses and may involve structural changes, remodeling, redecoration, and modifications to existing improvements.
For a prospective Buona franchisee, this means that during the term of the franchise agreement, they will likely need to undertake a significant renovation to keep the business aligned with Buona's current brand standards. This can be a substantial expense, as it covers a wide range of elements from the building's structure to the smallest decor items. The FDD stipulates that a franchisee is only required to conduct this full renovation once during the term, provided there is more than one year remaining in the term.
It is important for franchisees to factor in the potential cost of this renovation when assessing the overall investment required for a Buona franchise. Furthermore, franchisees should maintain the premises and all related elements to Buona's standards throughout the term, making ongoing repairs and replacements as directed by Buona. This obligation ensures that all Buona locations maintain a consistent brand image and quality, but it also places a financial responsibility on the franchisee to keep up with Buona's evolving standards.