Under the lease addendum, what is the name of the Franchisor for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS FRANCHISE AGREEMENT (this "Agreement") is made by and between Chicago's Original Italian Beef Franchising LLC, an Illinois limited liability company, having its principal place of business at 7075 Veterans Blvd., Burr Ridge, IL 60527 ("Franchisor") and the franchisee named on the signature page of this Agreement ("Franchisee").
WITNESSETH
WHEREAS, Franchisor and its affiliates have developed and own a unique system (the "System") for operating and granting others the right to own and operate a restaurant business (a "Buona Business" or "Franchised Business") offering products to the general public, with a menu featuring Italian beef sandwiches and including a variety of sandwiches, pasta, burgers, hot dogs, salads and desserts at the restaurant premises or by delivery service.
10. Consideration; No Liability.
- a) Lessor hereby acknowledges that the provisions of this Addendum to Lease are required pursuant to the Franchise Agreement under which Lessee plans to operate its business and Lessee would not lease the Premises without this Addendum. Lessor also hereby consents to the Collateral Assignment from Lessee to Franchisor as evidenced by Attachment A hereto.
- b) Lessor further acknowledges that Lessee is not an agent or employee of Franchisor and Lessee has no authority or power to act for, or to create any liability on behalf of, or to in any way bind Franchisor or any affiliate of Franchisor, and that Lessor has entered into this Addendum to Lease with full understanding that it creates no duties, obligations or liabilities of or against Franchisor or any affiliate of Franchisor.
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- Sales Reports. If requested by Franchisor, Lessor will provide Franchisor with whatever reports, information or data Lessor has regarding Lessee's sales from its Franchised Business.
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- Beneficiary. Lessor and Lessee expressly agree that Franchisor is a third-party beneficiary of this Addendum.
Source: Item 23 — RECEIPTS (FDD pages 78–356)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the Franchisor, as referenced in the Addendum to Lease, is Chicago's Original Italian Beef Franchising LLC. The lease addendum stipulates that the lessor acknowledges the provisions are required under the Franchise Agreement, where the lessee (franchisee) intends to operate their business. The lessor also consents to a Collateral Assignment from the franchisee to the franchisor.
Furthermore, the lease addendum explicitly states that the franchisee is not an agent or employee of Buona, and the franchisee lacks the authority to act on behalf of Buona or create any liability for them. The lessor, by entering into the addendum, understands that it does not establish any duties, obligations, or liabilities for Buona.
If requested by Buona, the lessor is expected to provide reports, information, or data regarding the franchisee's sales from their franchised business. The lessor and lessee also agree that Buona is a third-party beneficiary of the lease addendum. This ensures Buona has certain rights and protections under the lease agreement, even though they are not a direct party to the lease itself.