What expenses are NOT included in the Additional Funds estimate for a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
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 does not include all potential expenses a new franchisee might face. This estimate is designed for budgeting purposes to cover unanticipated costs during the first three months of operation. It accounts for operating expenses, excluding any revenue generated by the Bumble Roofing business during that period.
The FDD specifies that the Additional Funds include 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. However, it explicitly excludes taxes that the franchisee may be required to pay. The document advises franchisees to check with local and state governmental agencies to understand potential tax liabilities.
Furthermore, the Additional Funds estimate does not include any compensation that the franchisee may choose to draw from the Bumble Roofing business. This means that the $65,000 is strictly for business-related expenses and does not cover the franchisee's personal salary or living expenses. A prospective franchisee should therefore plan their finances carefully, ensuring they have sufficient capital to cover both business costs and personal income needs during the initial months of operation.