How does Bumble Roofing define 'Franchise' in the context of the franchise agreement?

Based on the 2025 Bumble Roofing Franchise Disclosure Document, the term 'Franchise' is used in several contexts related to the agreement between Bumble Roofing Franchisor, LLC and the franchisee. The franchise agreement grants the franchisee the right to operate a Bumble Roofing business at specific locations within defined territories. This agreement covers the initial term, potential successor terms, and the conditions under which the franchisee can extend their rights.

The franchise agreement outlines the obligations and rights of both parties, including the franchisee's adherence to Bumble Roofing's standards and the franchisor's rights regarding the use of trademarks and the system. The agreement also addresses the possibility of modifications due to the franchisee owning multiple franchised businesses. Furthermore, the document emphasizes the importance of the disclosure document summarizing the franchise agreement's provisions, ensuring that franchisees understand the terms before signing.

The agreement also details conditions for renewal, including meeting Bumble Roofing's qualifications, upgrading systems, and executing a successor franchise agreement, which may have different terms. Bumble Roofing retains rights to use the Marks and System outside the franchisee's territory and through alternative channels of distribution. The franchise agreement also includes provisions for termination, including early termination fees and cross-default clauses if the franchisee has multiple Bumble Roofing franchises.