Does the Bumble Roofing franchise agreement require franchisees to acknowledge they received and read the Franchise Disclosure Document?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee, and its shareholders and partners, as applicable, jointly and severally acknowledge that they have carefully read this Agreement and all other related documents to be executed concurrently or in conjunction with the execution hereof, that they have obtained the advice of counsel in connection with entering into this Agreement, that they understand the nature of this Agreement, and that they intend to comply herewith and be bound hereby.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the first date set forth above.
BUMBLE ROOFING FRANCHISOR, LLC an Individual an Individual
ATTACHMENT C TO FRANCHISE AGREEMENT
STATEMENT OF OWNERSHIP
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, franchisees are required to acknowledge that they have carefully read the Franchise Agreement and all related documents. This acknowledgement extends to shareholders and partners, where applicable, who must jointly and severally confirm they have read the agreement and related documents.
Specifically, the franchisee must acknowledge that they have obtained advice from legal counsel, understand the nature of the agreement, and intend to comply with its terms. This acknowledgement is formalized through the execution of the agreement, signifying their understanding and commitment.
In addition to the general acknowledgement within the Franchise Agreement, Bumble Roofing also uses an Acknowledgment Addendum. This addendum aims to confirm that no unauthorized statements or promises were made during the franchise sales process and that the franchisee understands the limitations on claims related to the franchise. However, this addendum does not apply to franchisees operating in California.
Furthermore, the FDD includes a receipt form that confirms the franchisee received the disclosure document and advises them to read it and all agreements carefully. This receipt serves as further evidence that Bumble Roofing provides franchisees with the necessary information and emphasizes the importance of understanding the terms of the franchise agreement.