Is there a technology fee for a Buona franchise, and how is the amount determined?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.4 Technology Fee.
Franchisee shall pay to Franchisor a technology fee in an amount determined by Franchisor.
Franchisor has the right to determine how and for what purposes the technology fees will be used, which may include covering Franchisor's costs or paying fees to third party providers for technology development, maintenance, and usage for the franchise system, and subscription and license fees paid by Franchisor in order for franchisees to have access to and use certain technology tools, and for related research and development conducted by Franchisor.
The technology fee shall be paid at times, in the manner, and in amounts as designated by the Franchisor.
Franchisor will give Franchisee at least sixty (60) days' prior notice before Franchisor begins changing the amount of the technology fee.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, franchisees are required to pay a technology fee, the amount of which is determined by Buona. Buona has the right to decide how these technology fees are used, which can include covering their own costs, paying third-party providers for technology development, maintenance, and usage for the franchise system. These fees may also cover subscription and license fees that Buona pays to give franchisees access to certain technology tools, as well as related research and development.
The technology fee must be paid at the times, in the manner, and in the amounts that Buona designates. Buona will provide franchisees with at least sixty (60) days' prior notice before changing the amount of the technology fee.
It is important for prospective Buona franchisees to understand that the technology fee is in addition to other fees such as the initial franchise fee, royalty fees, and marketing fund contributions. Franchisees should budget accordingly and inquire about the current technology fee amount and how it is calculated to fully understand the financial obligations of operating a Buona franchise.