When is the Initial Franchise Fee for a Bumble Roofing franchise payable?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
se Agreement
Initial Franchise Fee. You must pay us an Initial Franchise Fee equal to $49,500, provided that your Territory is less than 100,000 single-family households ("Household Limit"). The Initial Franchise Fee is payable in full when you sign a Franchise Agreement, and except as described below, is not
refundable. Other than the Initial Franchise Fee, there are no other initial fees charged to you. If your Territory is larger than the Household Limit, we reserve the right to charge you an increased Initial Franchise Fee, which will be determined on a case-by-case basis.
Additional Household Fee. If we permit you to purchase additional geographic areas for a specific Territory so that the Territory exceeds 100,000 single-family households, then you must pay us an additional fee in an amount equal to the single-family households in your Territory in excess of 100,000 multiplied by $0.25 (the "Additional Household Fee"). We do not anticipate granting a single Territory that exceeds 149,999 single-family households. The Additional Household Fee is earned upon receipt and not refundable under any circumstances.
For example, if we permit you to purchase additional geographic areas for your Territory so that the individual Territory consists of a total of 120,000 single-family households, then you must pay us an Additional Household Fee equal to $5,000, for a total Initial Franchise Fee of $54,500 (which is equal to $49,500 + $5,000).
VetFran Discount. We are a member of the International Franchise Association ("IFA"), and support and participate in IFA's VetFran Program. If you are an honorably discharged veteran who meets our qualifications for new BUMBLE ROOFING® franchisees, we will discount the Initial Franchise Fee by 15%. The VetFran discount may be used only once for one Territory. The VetFran discount may applied toward the purchase of only one of the franchise concepts offered by us and our Affiliates.
Multi-Territory Discount.
Source: Item 5 — INITIAL FEES (FDD pages 16–19)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the initial franchise fee of $49,500 is payable in full when you sign the Franchise Agreement, assuming your territory is less than 100,000 single-family households. If the territory exceeds this limit, Bumble Roofing reserves the right to charge an increased initial franchise fee, determined on a case-by-case basis.
For franchisees purchasing multiple contiguous territories and seeking financing, Bumble Roofing may allow installment payments. This involves paying the full initial franchise fee for the first territory, plus a minimum of $5,000 for each additional territory upon signing the Franchise Agreements. The remaining balance for the additional territories is due within 90 days of signing the agreements or upon receiving funding, whichever comes first. Failure to pay the remaining balance could result in termination of the Franchise Agreements.
Bumble Roofing also offers a refund of 50% of the initial franchise fee if the franchisee does not receive all applicable licenses and permits to operate their business within 6 months after signing the Franchise Agreement, provided they have made commercially reasonable efforts to obtain them. In limited circumstances, Bumble Roofing may offer to finance up to 50% of the initial franchise fee. These initial fees are generally non-refundable.