Where is the Bumble Roofing affiliate unit, for which financial data is provided, located?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
As of September 30, 2024, there was one affiliate-owned Roofing Business and 18 franchised Roofing Businesses operating in 55 territories. This financial performance representation consists of three sections. Sections A and B disclose historical information for the affiliate-owned Roofing Business that has operated for at least twelve months and that operated for the full duration of the reporting period October 1, 2023 through September 30, 2024. These financial performance representations are for the outlet owned and operated by our affiliate in Los Angeles, CA which opened in June 2020 (the "Affiliate Unit"). Section C discloses the historic Gross Sales of six Bumble Roofing franchisees in 21 territories that commenced operations and reported sales during the reporting period of October 1, 2023 through September 30, 2024. All six franchisees operated in more than one territory but reported Gross Sales as one location. Three of
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 45–50)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the affiliate unit for which financial data is provided is located in Los Angeles, CA. This affiliate unit, referred to as the "Affiliate Unit", opened in June 2020 and operated for the full duration of the reporting period, which was from October 1, 2023, through September 30, 2024. The financial performance representation in Item 19 includes historical information for this affiliate-owned roofing business.
It's important to note that the Affiliate Unit was not limited by territorial boundaries and provided roofing services across what would have been 12.5 franchise territories. However, for reporting purposes, the data is aggregated for all territories. The FDD specifies that the revenue figures provided exclude revenue from other projects like solar panel installation, focusing solely on roofing installation and related services that franchisees are also authorized to offer.
Prospective franchisees should understand that the financial data from the Affiliate Unit is presented to give an idea of potential performance, but individual results may vary. The FDD also clarifies that the affiliate unit may offer services that franchisees are not authorized to use, but the data presented excludes those services to provide a more relevant comparison. Franchisees should carefully review Item 19 and consider requesting written substantiation for the financial information provided to make an informed decision.