What is the minimum royalty fee for a Bumble Roofing territory during months 7-12 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.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, beginning in the 7th month of operations, franchisees must pay a monthly royalty fee. This fee is the greater of a minimum royalty amount or a percentage based on the year-to-date gross revenues. The excerpt does not specify the exact minimum royalty fee amount during months 7-12.
Because the excerpt does not specify the minimum royalty fee, prospective Bumble Roofing franchisees should carefully review the franchise agreement and related exhibits within the FDD to fully understand the royalty fee structure.
To gain clarity, a prospective franchisee should ask Bumble Roofing for a detailed breakdown of the minimum royalty fees applicable during months 7-12 of operation. This information is crucial for accurately forecasting expenses and assessing the financial viability of the franchise.