Does the Bumble Roofing Franchise Agreement include a section outlining the 'Covenants, Representations, and Warranties of Franchisee', and if so, on what page can it be found?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
1. COVENANTS, REPRESENTATIONS, AND WARRANTIES OF FRANCHISEE
Franchisee covenants, represents and warrants as follows and acknowledges that Franchisor is relying upon such covenants, representations and warranties in making its decision to enter into this Agreement.
1.1 Franchisee acknowledges that it has received, has had ample time to read, and has read this Agreement and the corresponding Franchise Disclosure Document, and all related agreements with Franchisor. Franchisee acknowledges that Franchisor has advised him to obtain independent legal and accounting advice with respect to this Agreement and the transactions arising out of this Agreement. Franchisee further acknowledges that it has had an adequate opportunity to be advised by legal, accounting and other professional advisors of its own choosing regarding all pertinent aspects of the Business, Franchisor and this Agreement.
1.2 Franchisee has or has made firm arrangements to acquire funds to commence, open and operate the Business and it is financially and otherwise able to accept the risks attendant upon entering into this Agreement.
1.3 All statements made by Franchisee in writing in connection with its application for this Franchise were, to the best of its knowledge, true when made and continue to be true as of the date of this Agreement.
1.4 There are no material financial obligations of Franchisee whether actual or contingent which are outstanding as of the date of this Agreement other than those disclosed to Franchisor by Franchisee in writing.
1.5 Franchisee is not a party to or subject to any court or administrative order or action of any governmental authority which would limit or interfere in any way with the performance by Franchisee of its obligation hereunder.
1.6 Franchisee is not a party to any litigation or legal proceedings other than those which have been disclosed to Franchisor by Franchisee in writing.
1.7 Franchisee represents that it is not a party to or subject to agreements that might conflict with the terms of this Agreement and agrees not to enter into any conflicting agreements during the Initial Term or any Interim Period.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Bumble Roofing Franchise Disclosure Document, the Franchise Agreement does include a section titled 'Covenants, Representations, and Warranties of Franchisee'. This section outlines specific promises, statements, and guarantees that the franchisee makes to Bumble Roofing. The franchisor relies on these assurances when deciding to grant the franchise.
According to the FDD, this section can be found within Item 22, which covers the contracts associated with the franchise agreement. Specifically, the quoted text appears to be from page 80 of the Franchise Agreement, though the document excerpt includes an image that obscures the exact page number.
This section is important because it sets out the legal obligations and assurances that the franchisee is making to Bumble Roofing. If the franchisee breaches any of these covenants, representations, or warranties, it could have legal and financial consequences. Prospective franchisees should carefully review this section with their legal counsel to fully understand their obligations and potential liabilities.