When did the Bumble Roofing affiliate unit in Los Angeles open?
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").
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-owned roofing business in Los Angeles, CA, opened in June 2020. This affiliate unit's financial performance is represented in Item 19, Sections A and B, which disclose historical information for the period of October 1, 2023, through September 30, 2024.
This information is provided to give prospective franchisees an understanding of the potential financial performance of a Bumble Roofing business. The FDD specifies that as of September 30, 2024, there was one affiliate-owned Roofing Business and 18 franchised Roofing Businesses operating in 55 territories. The affiliate unit's data is relevant because it offers roofing installation and related services, which are substantially similar to those that will be offered by franchised Bumble Roofing businesses.
It is important to note that the affiliate unit was not limited by territorial boundaries and operated in what would have been 12.5 franchise territories, although when aggregated in zip codes with more than one customer, it was equivalent to four territories. The affiliate unit reports its data in the aggregate for all of its territories. This context is crucial for prospective franchisees to understand the scale and operational differences between the affiliate unit and a typical franchised business.