What was the net change in the number of franchised Bumble Roofing outlets during 2024?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | |
| Franchised | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 55 | +55 | |
| 2022 | 4 | 4 | 0 | |
| Company-Owned(1) | 2023 | 4 | 4 | 0 |
| 2024 | 4 | 4 | 0 | |
| 2022 | 4 | 4 | 0 | |
| Total Outlets | 2023 | 4 | 4 | 0 |
| 2024 | 4 | 59 | +55 |
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, the net change in the number of franchised outlets during the fiscal year 2024 was an increase of 55. The Bumble Roofing fiscal year ends on September 30th. At the start of 2024, there were zero franchised outlets, and by the end of the year, there were 55.
This indicates significant growth in the Bumble Roofing franchise system during that period. For a prospective franchisee, this rapid expansion could be seen as a positive sign, suggesting the brand is gaining traction and attracting new franchisees. However, it's also important to investigate the reasons behind this growth and whether it is sustainable.
It would be prudent for potential franchisees to delve deeper into the performance of these new outlets, their locations, and the support provided by Bumble Roofing to ensure their success. Understanding the factors driving this growth is crucial for making an informed investment decision. Furthermore, it is important to note that while the total number of company-owned outlets remained constant at 4, the total number of outlets (franchised and company-owned) increased by 55.