What is the estimated low and high range for the initial investment to start a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
IMATED INITIAL INVESTMENT
| Type of Expenditure (1) | Estimated Low/High Amount | Method of Payment | When Due | To Whom Payment is Made |
|---|---|---|---|---|
| Initial Franchise Fee (2) | $49,500 | Lump sum | Upon signing the Franchise Agreement | Franchisor |
| Travel and living expenses while training (3) | $2,000/$5,000 | As incurred | As incurred during training | Airlines, hotels, restaurants |
| Equipment and Vehicles (4) | $11,598/$79,434 | As incurred | Before Launch | Franchisor, vendors |
| Online Training with National Roofing | $250 | As incurred | Before Launch | Suppliers |
| Contractors Association | ||||
| GPS Tracking Systems | $150/$400 | As incurred | Before Launch | Vendors |
| Insurance (5) | $2,000/$20,000 | As incurred | Before Launch | Vendors |
| Computer, Phone and Technology | $3,000/$6,000 | Lump sum | At delivery | Suppliers, vendors |
| Systems (6) | ||||
| Professional Fees (7) | $1,000/$5,000 | As incurred | As incurred | Suppliers |
| Office Related Expenses | $500/$1,250 | As incurred | Before Launch | Suppliers |
| Local Software Setup Fee (8) | $0 - $2,000 | As incurred | Before Launch | Suppliers |
| Business Licenses and Permits (9) | $2,000/$10,000 | As incurred | Before Launch | Federal, state and local government agencies |
| Opening Advertising/Marketing (10) | $20,000/$30,000 | As incurred | Varied times | Vendors |
| Advertising/Marketing (Ongoing)(11) | $15,000/$40,000 | As incurred | Varied times | Vendors |
| Additional Funds - 3 months (12) | $65,000 | As incurred | Varied times | Suppliers, utilities |
| TOTAL (13) | $ |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–27)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the total estimated initial investment to begin operations ranges from $171,998 to $313,834. This includes various expenditures such as the initial franchise fee of $49,500, travel and living expenses for training which range from $2,000 to $5,000, and equipment and vehicles which range from $11,598 to $79,434. The estimate also factors in costs for GPS tracking systems ($150 to $400), insurance ($2,000 to $20,000), computer and technology systems ($3,000 to $6,000), professional fees ($1,000 to $5,000), and office-related expenses ($500 to $1,250).
Additional costs include local software setup fees, which can range from $0 to $2,000, and business licenses and permits, estimated between $2,000 and $10,000. Bumble Roofing requires franchisees to invest in opening advertising and marketing, with a range of $20,000 to $30,000, and ongoing advertising and marketing expenses are estimated between $15,000 and $40,000. The initial investment also includes $250 for online training with the National Roofing Contractors Association. Furthermore, the estimate includes $65,000 for additional funds to cover operating expenses for the first three months.
Prospective franchisees should note that these figures are estimates and can vary based on market conditions, location, and individual circumstances. The availability and terms of financing will depend on factors such as creditworthiness and the lending policies of financial institutions. Bumble Roofing does not provide direct or indirect financing, with the exception of the initial franchise fee where they may finance up to 80% in limited circumstances. Franchisees are responsible for securing their own financing to cover the initial investment costs.