Buona FDD – Franchise Information, Costs and Fees
Type of Business
Chicago’s Original Italian Beef Franchising LLC, an Illinois limited liability company, offers you the opportunity to own and operate one or more Buona restaurant business(es), which feature Italian beef sandwiches as well as a variety of other sandwiches, pasta, burgers, hot dogs, salads and desserts at the restaurant premises or by delivery service under certain trademarks, trade names, service marks and logos.
Corporate Information
Chicago’s Original Italian Beef Franchising LLC is a limited liability company organized in Illinois on March 4, 2021. Their principal place of business is 6801 West Roosevelt Road, Berwyn, IL 60402. They have offered Buona franchises since May 2021.
Investment
The total investment necessary to begin operation of a single brand free standing Buona Business ranges from $2,712,350 to $5,088,350, including $126,500 to $175,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation of a dual brand free standing Buona Business ranges from $3,044,250 to $5,742,350, including $146,500 to $195,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation of a single brand inline Buona Business ranges from $1,280,350 to $1,809,830, including $81,500 to $115,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation as a Developer is the total investment to begin operations of the first Buona Business (described above) plus the Development Fee equal to one-half of the franchise fees due for the additional restaurants to be developed beyond the first. A minimum of 3 Buona Businesses must be developed under the Area Development Agreement.