Is a Bumble Roofing franchisee required to use bookkeeping services designated by the franchisor?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
. Franchisee's records shall include tax returns, daily reports, statements of Gross Revenues, profit and loss statements, sales tax information and balance sheets. Franchisee is required to exclusively use the bookkeeping services that Franchisor designates, which may be provided by Franchisor or its affiliates. Franchisee is required to pay the thencurrent bookkeeping services fee ("Bookkeeping Services Fee") at the same time and in the same manner as the Royalty Fees. As of the date of this Agreement, the Bookkeeping Services Fee is $350 per month, but Franchisor may increase it at any time upon notice to you to be up to $500 per month. The Bookkeeping Services Fee covers up to 5 hours of bookkeeping assistance per month; however, if Franchisee requires more than 5 hours of bookkeeping assistance per month, then Franchisor will charg
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 exclusively use the bookkeeping services that Bumble Roofing designates, which may be provided by Bumble Roofing or its affiliates. Franchisees must pay a Bookkeeping Services Fee at the same time and in the same manner as the Royalty Fees.
As of the date of the Franchise Agreement, the Bookkeeping Services Fee is $350 per month. However, Bumble Roofing may increase this fee at any time with notice, up to a maximum of $500 per month. This fee covers up to 5 hours of bookkeeping assistance each month.
If a Bumble Roofing franchisee requires more than 5 hours of bookkeeping assistance per month, they will be charged an additional hourly rate. Currently, this rate is $55 per hour for additional assistance, but Bumble Roofing may increase it at any time with notice, up to a maximum of $100 per hour.
This requirement ensures that all Bumble Roofing franchisees maintain their financial records in a standardized manner, making it easier for the franchisor to monitor the financial performance of the franchise system. While this provides consistency, franchisees should consider the cost of these services and the potential for rate increases when evaluating the overall financial viability of the franchise.