What is the minimum royalty fee for a Bumble Roofing territory after month 37 of operation?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
Beginning on the 7th month of operations, Royalty Fees shall be paid monthly in an amount that is equal to the greater of the required minimum royalty ("Minimum Royalty") as set forth below, or the amount described in the table above based on year-to-date Gross Revenues. The Minimum Royalties per Territory per month are as follows:
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Bumble Roofing Franchise Disclosure Document, the minimum royalty fee a franchisee must pay depends on the month of operation. Beginning on the 7th month of operations, the franchisee must pay the greater of the required minimum royalty or an amount based on year-to-date Gross Revenues.
The FDD states that the minimum royalties per territory per month are specified in a table. However, the provided excerpts do not include the actual table showing the minimum royalty fees for each month. Therefore, it is not possible to determine the minimum royalty fee after month 37 based on the information provided.
A prospective Bumble Roofing franchisee should ask the franchisor to provide the complete table of minimum royalty fees for each month of operation to fully understand the royalty obligations over the term of the franchise agreement. This information is crucial for financial planning and assessing the profitability of the franchise.