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Buona Restaurants Franchise

Since 1981, Buona Restaurants has been a Chicago Icon with 26 company-owned locations in the Greater Chicagoland Area. Our menu is anchored by our award-winning Italian Roast Beef Sandwich and other diverse menu offerings like Chicago-style hotdogs, burgers, all-natural chicken, hand-tossed salads, pasta, and a full off-premises catering menu. In 2018, Buona Restaurants partnered with another iconic Chicago brand: The Original Rainbow Cone Ice Cream Shop, and now offers the chance to franchise the duo. Be the first to take a legendary Chicago brand to your market!

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Highlights
Cash Required

$300,000

Min. Franchise Fee

$35,000

Total Number of Units

31

Franchising Since

2022

Corporate Headquarters

Berwyn,IL

CEO Name

Joe Buonavolanto Jr

About Buona Restaurants

Buona Restaurants was founded in 1981, by Joe & Peggy Buonavolanto, and their 5 sons: Carlo, John, Joe Jr, Jim, and Don. With 26 company-owned locations, the company is looking to provide other experienced restauranteurs the opportunity to own their very own Buona franchise.


Anchored by its award-winning Italian Roast Beef, the menu also features Chicago classics like hot dogs and sausages, burgers, chicken, and salads. With streamlined operations, double-lane drive-thrus, and a team to support you, Buona has the playbook for you to achieve your financial goals.

Franchise Unit Trends & Revenue

Total Number of Units

31

New Units Opened

3

Average Unit Revenue

$3,332,134

* in 2024

Franchise Fees

Min. Franchise Fee

$35,000

Royalty Fee

4.0%
Gross Sales

Ad Fund Fee

1.5%
Gross Sales

Why Choose Buona Restaurants?

*Additional Revenue opportunity with an Original Rainbow Cone Ice Cream Shop kiosk*


Italian Roast Beef is underrepresented throughout the country. The opportunity to introduce an iconic Chicagoland brand that has a menu item for everyone is yours for the taking.


  • Strong AUVs
  • Proven Business Model for over 40 years
  • Multi-Unit Opportunities
  • Diverse Menu Offerings
  • Modern Restaurant Design
  • Best in Class Tech Stack
  • Training & Support: 8 weeks of initial training, 6 weeks of on-site support, 6-8 trainers for your first location

Starting Costs & Investment Requirements

Total Investment

$1,572,000 - $2,620,000

Net Worth Required

$1,500,000

Cash Required

$300,000

Training and Support
Financing Available
Multi Units

Training & Support

The initial training will take place in Chicago for 8 weeks. Our team of trainers and subject matter experts will equip you with the knowledge to operate a Buona Restaurant through e-learning modules, classroom presentations, and hands-on training. Closer to your restaurant opening, we will send a team of trainers to assist you in training your newly hired team members. Our team will remain at your opening for a minimum of 4 weeks or until you are comfortable. After the opening craze, you will have regular visits from one of our Business Coaches, which will help you identify opportunities for improvement to maximize your restaurant's performance.

History

In 1981, the Buonavolanto family started an Italian Roast Beef stand in Berwyn, Illinois. With a family recipe and hard work, the company has expanded to 26 company-owned locations. Today, the company is led by three generations of Buonavolantos and dozens of long-tenured team members. After developing a proven business model, the company is excited about offering Buona franchise opportunities to qualified individuals.


It is our goal to share our family's recipes with more communities, and help entrepreneurs achieve their financial goals. In addition to Buona Restaurants, the company also owns and operates: The Original Rainbow Cone Ice Cream Shop, Authentic Brands of Chicago which is a USDA manufacturing plant, and an upscale catering company, Beyond Catering & Events.

Ideal Candidate

Ideal Candidate will have multiple years of restaurant experience (Multi-Unit preferred), Solid business and financial track record, Entrepreneurial, Positive Demeanor, Excellent Written & Communication Skills

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
 
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