When is the initial franchise fee of $49,500 due to the franchisor for a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Estimated Low/High Amount | Method of Payment | When Due | To Whom Payment is Made |
|---|---|---|---|---|
| Initial Franchise Fee (2) | $49,500 | Lump sum | Upon signing the Franchise Agreement | Franchisor |
- (2) Initial Franchise Fee. For start-up franchises, the above chart assumes you did not qualify for any discounts and paid the standard Initial Franchise Fee. The high end of the range assumes you paid the standard Initial Franchise Fee is due when you sign the Franchise Agreement
and is generally non-refundable once paid. In limited circumstances, we may offer to finance up to 80% of your Initial Franchise Fee.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–27)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the initial franchise fee of $49,500 is due upon signing the Franchise Agreement. This fee is typically paid as a lump sum to the franchisor.
For prospective Bumble Roofing franchisees, this means that you must have the full $49,500 available at the time you sign the agreement to formalize your commitment to the franchise. It's important to note that this fee is generally non-refundable once paid, so careful consideration should be given before signing.
Bumble Roofing does state that in limited circumstances, they may offer to finance up to 80% of the initial franchise fee. This could be a significant benefit for franchisees who may not have the full amount readily available, but it's essential to discuss the terms and conditions of such financing with Bumble Roofing directly. Understanding the repayment schedule, interest rates, and any associated fees is crucial before committing to a financing arrangement.
The FDD also includes a table outlining the estimated initial investment, which includes the initial franchise fee along with other expenses such as travel and living expenses while training, equipment and vehicles, insurance, and opening advertising/marketing. Reviewing this table can provide a comprehensive view of the total costs associated with starting a Bumble Roofing franchise.