For the Bumble Roofing financial performance representation, what time period does Section A and B cover?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
As of September 30, 2024, there was one affiliate-owned Roofing Business and 18 franchised Roofing Businesses operating in 55 territories. This financial performance representation consists of three sections. Sections A and B disclose historical information for the affiliate-owned Roofing Business that has operated for at least twelve months and that operated for the full duration of the reporting period October 1, 2023 through September 30, 2024.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 45–50)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, Sections A and B of the financial performance representation cover the period from October 1, 2023, through September 30, 2024. These sections specifically disclose historical information for the affiliate-owned Roofing Business. The affiliate unit has operated for at least twelve months and operated for the full duration of the reporting period.
Section A presents revenue per roofing project, detailing the performance of 195 projects completed by the Affiliate Unit during this period. Section B presents revenues and certain operating expense information for the Reporting Unit during the same period.
It is important to note that the affiliate unit was not limited by territorial boundaries and performed roofing services in what would have been 12.5 franchise territories. However, in zip codes where the Affiliate Unit serviced more than one customer, when aggregated, was equivalent to four territories. The Affiliate Unit reports its data in the aggregate for all of its territories. A prospective franchisee should consider that the affiliate unit's performance may not be directly replicable in a franchised territory due to these differences.