factual

Where can I find the Guaranty and Assumption of Franchisee's Obligations for Bumble Roofing?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

ATTACHMENT B TO FRANCHISE AGREEMENT

GUARANTY AND ASSUMPTION OF FRANCHISEE'S OBLIGATIONS

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 42)

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, the Guaranty and Assumption of Franchisee's Obligations can be found as Attachment B to the Franchise Agreement. This attachment likely outlines the specific terms and conditions under which a guarantor, potentially an individual or entity affiliated with the franchisee, agrees to assume the franchisee's obligations to Bumble Roofing under the Franchise Agreement.

Prospective franchisees should carefully review Attachment B to understand the scope of the obligations being guaranteed, the conditions under which the guarantee may be invoked, and the potential liabilities of the guarantor. This is a standard document in franchising, designed to provide the franchisor with additional security that the franchisee will fulfill its contractual duties.

It is important for potential Bumble Roofing franchisees to seek legal counsel to fully understand the implications of the Guaranty and Assumption of Franchisee's Obligations, especially if they are considering having a third party act as a guarantor. Understanding the guarantor's responsibilities and potential risks is crucial before entering into the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.