How are 'Gross Revenues' consisting of property or services valued for a Bumble Roofing franchise?

According to Bumble Roofing's 2025 Franchise Disclosure Document, gross revenues consisting of property or services are valued at the retail prices applicable and in effect at the time they are received. This means that if a Bumble Roofing franchisee receives payment for their services in the form of property or other services instead of cash, the value of those goods or services is calculated based on what the franchisee would normally charge a retail customer at that time.

This valuation method is important for calculating royalties and other fees owed to Bumble Roofing, as these are often based on a percentage of gross revenues. By using the standard retail price, the franchisor ensures a consistent and transparent method for assessing revenue, regardless of the form of payment received by the franchisee. This also ensures that franchisees are not able to undervalue non-cash payments in order to reduce their royalty obligations.

For a prospective Bumble Roofing franchisee, this means that they need to keep accurate records of the retail prices for all services and products offered, as these prices will be used to determine the value of any non-cash payments received. This requirement promotes transparency and standardization in revenue reporting across all Bumble Roofing franchise locations.