What expenses are included in the Additional Funds estimate for a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
- (12) Additional Funds.
This is for budgeting purposes only to account for unanticipated expenses.
This amount includes estimated operating expenses you should expect to incur during the first 3 months of operations, not including any revenue generated by your Roofing Business.
It includes Royalty Fees, National Branding & Marketing Fees, payroll costs, deposits, fees for city, state and local business licenses, insurance, business entity organization expenses, Internet access expenses, other prepaid expenses, accounting and professional fees, and other operational expenses.
These figures do not include any taxes that you may pay.
You should check with your local and state governmental agencies for any taxes that may be assessed.
In addition, these figures do not include any compensation that you may choose to draw from your Roofing Business.
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 Additional Funds estimate of $65,000 is designed for budgeting purposes to cover unanticipated expenses during the initial three months of operation. This estimate is intended to cover operating expenses, excluding any revenue generated by the Bumble Roofing business during that period.
The expenses included within this $65,000 estimate are Royalty Fees, National Branding & Marketing Fees, payroll costs, deposits, fees for city, state and local business licenses, insurance, business entity organization expenses, Internet access expenses, other prepaid expenses, accounting and professional fees, and other operational expenses. The FDD explicitly states that this figure does not include any taxes the franchisee may be required to pay, and franchisees are advised to check with local and state governmental agencies regarding potential tax assessments.
Furthermore, the Additional Funds estimate does not account for any compensation a franchisee might choose to draw from the business. This means that the $65,000 is strictly for business-related expenses and does not cover the franchisee's personal income or salary. It is important for prospective franchisees to consider these exclusions when planning their initial investment and financial projections for operating a Bumble Roofing franchise.