Which attachment to the Bumble Roofing Franchise Agreement outlines the personal guaranty requirements?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
chise disclosure document.
| Obligation | Section in Franchise Agreement | Disclosure Document Item | |
|---|---|---|---|
| a. |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 29–30)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, Attachment B to the Franchise Agreement outlines the personal guaranty requirements. This is detailed in Item 9, which lists the franchisee's obligations.
For a prospective Bumble Roofing franchisee, this means that they should carefully review Attachment B to understand the full scope of their personal guaranty. The personal guaranty likely requires the franchisee (and potentially their spouse or other owners) to be personally liable for the financial obligations of the franchise. This could include debts, leases, and other liabilities incurred by the franchise business.
It is common in franchising for franchisors to require a personal guaranty, especially from individual franchisees or small business entities. This protects the franchisor in case the franchise business fails to meet its financial obligations. Franchisees should seek legal and financial advice to fully understand the implications of signing a personal guaranty before entering into a franchise agreement with Bumble Roofing.