Does the Bumble Roofing franchise agreement require franchisees to acknowledge they have or have made arrangements to acquire funds to commence the business?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, you and we are entering into a Franchise Agreement for the operation of a BUMBLE ROOFING® franchise. The purpose of this Acknowledgment Addendum is to determine whether any statements or promises were made to you that we have not authorized or that may be untrue, inaccurate or misleading, and to be certain that you understand the limitations on claims that may be made by you by reason of the offer and sale of the franchise and operation of your business. Please review each of the following questions carefully and provide honest responses to each question.
This Questionnaire does not apply to franchisees who intend to operate the franchised business in the State of California. Do not complete this Questionnaire or respond to any of the questions contained in the Questionnaire if you intend to operate the franchised business in the State of California.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Bumble Roofing Franchise Disclosure Document, there is an Acknowledgment Addendum to the franchise agreement. This addendum aims to confirm that no unauthorized or misleading statements were made during the franchise sales process and to ensure the franchisee understands the limitations on claims related to the franchise offering and business operation.
However, the FDD states that this Acknowledgment Addendum does not apply to franchisees who intend to operate the franchised business in the State of California. Therefore, franchisees planning to operate in California are exempt from completing this questionnaire or responding to its questions.
The excerpt does not explicitly state whether the questionnaire includes an acknowledgment regarding the franchisee's financial readiness to commence the business. To determine if the Acknowledgment Addendum requires franchisees to confirm they have secured the necessary funds, prospective franchisees should review the full Acknowledgment Addendum and consult with Bumble Roofing directly.