How many Bumble Roofing outlets were transferred from franchisees to new owners in 2024?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| Total | 2023 | 0 |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, there were no transfers of outlets from franchisees to new owners during the fiscal year 2024. The document specifies that the fiscal year ends on September 30th.
This indicates that, at least within the period covered by the FDD, existing Bumble Roofing franchisees did not sell or transfer their businesses to new owners. This could be interpreted positively, suggesting stability within the franchise system, or it could mean there's limited resale activity for Bumble Roofing franchises.
A prospective franchisee should investigate further to understand the reasons behind the lack of transfers. It would be prudent to ask Bumble Roofing about the demand for resales, the process for transferring a franchise, and any factors that might affect the ability of a franchisee to sell their business. Understanding these dynamics is crucial for assessing the long-term investment potential and exit strategy associated with a Bumble Roofing franchise.
It's also important to note that the absence of transfers doesn't necessarily mean franchisees are unsuccessful or dissatisfied. It could simply reflect that franchisees are holding onto their businesses for the long term. However, further due diligence is recommended to fully understand the implications of this data point.