How is the 'Average Sale' calculated for Bumble Roofing franchises?

According to Bumble Roofing's 2025 Franchise Disclosure Document, the 'Average Sale' is calculated by dividing the Gross Sales by the number of Jobs Sold for each franchise outlet. Gross Sales include all sales of roofing products and services recorded in the customer relationship management (CRM) software account for each franchisee. Each sale was accepted by the customer during the reporting period, whether it was a completed project or a sale awaiting completion due to permitting or scheduling. Jobs Sold refer to all individual customer roofing projects or service tickets recorded in the CRM that make up the Gross Sales for each franchise outlet.

This calculation provides a snapshot of the average revenue generated per roofing project or service ticket. The FDD notes that all franchise outlets began operating during the reporting period, with some open for as little as three months, which could influence the average sale figure. The '# Months in operation' reflects the months of operation during the reporting period for each of the franchise outlets.

It is important to note that the financial performance representation includes data from six franchisees operating in a total of 21 territories between October 1, 2023, and September 30, 2024. The document explicitly states that individual results may differ and there is no assurance that a franchisee will earn as much as the amounts presented. Prospective franchisees should carefully consider these factors and conduct their own due diligence to understand the potential financial performance of a Bumble Roofing franchise.

Bumble Roofing will provide written substantiation for the information in Item 19 upon reasonable request. This allows potential franchisees to verify the data and gain a deeper understanding of the financial performance metrics presented.