What methods of payment are acceptable for the Initial Franchise Fee for a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
- Initial Franchise Fee. $, due and payable at the time of execution of the Agreement.
ATTACHMENT D TO FRANCHISE AGREEMENT
BY AND BETWEEN BUMBLE ROOFING FRANCHISOR, LLC AND
__________________________________________________ ("FRANCHISEE") AUTHORIZATION AGREEMENT FOR PREARRANGED PAYMENTS (DIRECT DEBITS)
- (p) Franchisee shall accept all major credit cards and other the forms of payment specified by Franchisor in the Manual as payment.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Bumble Roofing Franchise Disclosure Document, the initial franchise fee is due at the time of the execution of the Franchise Agreement. Attachment D to the Franchise Agreement describes an authorization agreement for prearranged payments (direct debits). Furthermore, Bumble Roofing franchisees must accept all major credit cards and other forms of payment specified by Bumble Roofing in the manual as payment.
For a prospective Bumble Roofing franchisee, this means that you will need to pay the initial franchise fee when you sign the agreement. You may be able to set up prearranged payments (direct debits). You will also be required to accept major credit cards and any other payment methods that Bumble Roofing specifies in their operations manual.
It is common practice in the franchise industry for franchisors to outline acceptable payment methods in the franchise agreement or operations manual. Franchisees should carefully review these documents to understand their obligations and ensure they can comply with the franchisor's requirements.