What information must Bumble Roofing include in its Notice of Intent to purchase the franchisee's business?

Based on the 2025 Bumble Roofing Franchise Disclosure Document, a franchisee must provide Bumble Roofing with a written notice of intent to extend their rights to operate the Roofing Business no less than two months or more than six months prior to the expiration of the initial term.

To qualify for a successor term, the franchisee must also meet several other requirements. They must not have failed to remedy any breach of the agreement specified by Bumble Roofing in a written notice, and they must not have committed and received notice of two or more breaches of the agreement in the 12 months prior to the end of the current initial term, even if such breaches were timely remedied.

Additionally, the franchisee must be current in their payment obligations to Bumble Roofing, its affiliates, and their trade creditors. They must also meet Bumble Roofing's then-current qualifications for new or renewing franchisees and execute a successor franchise agreement, which may contain materially different terms and conditions than the original agreement. The franchisee will pay Bumble Roofing the Successor Franchise Fee instead of the Initial Franchise Fee, and the Successor Term will be no less than five years.