What is the fee structure for Bumble Roofing's National Accounts Program based on?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| National Accounts Program | Then-current fee, currently between 3% to 6% of Gross Revenue generated from the National Accounts Program, depending upon the national account customer | As determined by us | You must participate in any national accounts program we designate, and pay us any then-current fees associated with such program. As of the issuance date of this disclosure document, we are currently establishing our national accounts program. As of the issuance date of this disclosure document, we anticipate that you will be required to pay us a fee equal ranging from 3% to 6% of Gross Revenues for any national account customer serviced (in addition to the Royalty Fee). All fees related to the national accounts program are determined by us. |
Source: Item 6 — OTHER FEES (FDD pages 19–24)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, franchisees must participate in any national accounts program that Bumble Roofing designates. The fee for the National Accounts Program is between 3% to 6% of Gross Revenue generated from the National Accounts Program, though the exact percentage depends on the specific national account customer. This fee is in addition to the standard royalty fee. As of the issuance date of the 2025 FDD, Bumble Roofing was in the process of establishing its national accounts program.
This means that if a Bumble Roofing franchisee is assigned to service a national account, they will pay Bumble Roofing a percentage of the revenue earned from that account. For example, if a franchisee generates $10,000 in gross revenue from a national account and the fee is set at 5%, the franchisee would pay Bumble Roofing $500. The franchisee should confirm with Bumble Roofing how the 'Gross Revenue' is defined in the context of the National Accounts Program, as definitions can vary.
It is important for prospective franchisees to understand that Bumble Roofing has the discretion to determine the fee percentage for each national account customer. This could impact the profitability of servicing these accounts. Franchisees should inquire about the criteria Bumble Roofing uses to determine these percentages and how they can expect these fees to be applied in practice. They should also clarify how often these fee percentages might be adjusted and what recourse they have if they believe a fee is unfairly high.
Because the National Accounts Program was still being established when the 2025 FDD was issued, prospective franchisees should seek detailed information from Bumble Roofing about the program's current structure, the types of national accounts involved, and the expected revenue and cost implications for franchisees. Understanding these factors is crucial for assessing the financial viability of participating in the program.