What is excluded from the calculation of 'Gross Revenues' for a Bumble Roofing franchise?

According to Bumble Roofing's 2025 Franchise Disclosure Document, 'Gross Revenues' for a Bumble Roofing franchise represent the total income from all sales of products and services. This includes labor, insurance claims paid by insurers for lost profits, and receipts from all other products and services sold by the franchisee. These revenues can be in the form of cash, credit, checks, gift certificates, services, or property. Gross Revenues are considered received when the services or products are delivered or the sale takes place, regardless of when final payment is collected. If revenues are in the form of property or services, they are valued at the retail prices in effect at the time they are received.

However, the calculation of Gross Revenues for a Bumble Roofing franchise excludes specific items. These exclusions include any taxes imposed by federal, state, municipal, or other governmental authorities directly on sales, provided these taxes are collected from customers, shown separately, and actually paid to the appropriate governmental authority.

Additionally, Gross Revenues do not include customer refunds, valid discounts and coupons, and credits made by the Roofing Business. It is important to note that reductions for credit card user fees, financing program fees, returned checks, or reserves for bad credit or doubtful accounts are not considered exclusions from Gross Revenues. This means that while certain deductions are allowed, franchisees cannot reduce their gross revenue calculation by typical business expenses related to payment processing or potential bad debts.