Is the initial transfer fee payment to Bumble Roofing refundable?

According to Bumble Roofing's 2025 Franchise Disclosure Document, the initial portion of the transfer fee is non-refundable. Specifically, 50% of the transfer fee, which is due at the time the request to transfer the franchise is made, is non-refundable. The total transfer fee is the greater of 20% of the then-current franchise fee or $10,000.

This means that if a Bumble Roofing franchisee decides to sell their franchise, they will need to pay at least $5,000 upfront as part of the transfer request, and this amount will not be returned, regardless of whether the transfer is ultimately completed. The remaining balance of the transfer fee is due at the closing of the transfer.

This non-refundable policy is an important consideration for prospective franchisees, as it represents a financial risk if the transfer does not proceed as planned. It is common in franchising for transfer fees to be non-refundable, as the franchisor incurs administrative costs in reviewing and processing the transfer request, regardless of the outcome. However, franchisees should carefully consider this policy and factor it into their decision-making process when considering a Bumble Roofing franchise.