Does Bumble Roofing offer services to residential clients?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
- Bumble Roofing franchises provide roofing replacement, repair, and inspection services for residential clients and commercial clients.
Bumble-LA's residential roofing contracts generally include a single performance obligation for which revenue is recognized over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Residential roofing contracts are normally completed in one to five days. These contracts seldom have multiple performance obligations or variable consideration. The contract liability "customer deposits" represents funds received from customers before the residential roofing contract has commenced. Customers are billed upon contract completion.
Bumble-LA's commercial roofing services are provided through discrete project agreements. The contracts are awarded on a competitively bid and negotiated basis. The Company's contracts generally include a single performance obligation for which revenue is recognized over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. For cost-plus fee contracts, the Company recognizes revenue when services are performed and contractually billable based upon the hours incurred and agreed-upon hourly rates as well as subcontractor costs and materials cost. Revenue on fixed-price contracts is recognized and invoiced over time using the cost-to-cost percentage-of-completion method.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Bumble Roofing franchises offer services to both residential and commercial clients. Specifically, Bumble Roofing provides roofing replacement, repair, and inspection services to these client types. This means a franchisee can market their services to a broad customer base, increasing their potential revenue streams.
Bumble-LA's residential roofing contracts typically involve a single performance obligation, with revenue recognized over time as the service is continuously provided to the customer. These residential contracts are usually completed within one to five days and generally do not involve multiple performance obligations or variable considerations. Customers are billed upon completion of the contract, and any funds received before the commencement of work are recorded as "customer deposits."
Bumble-LA's commercial roofing services are executed through individual project agreements, often secured through competitive bidding and negotiations. Similar to residential contracts, these commercial contracts generally include a single performance obligation, with revenue recognized over time as the service is continuously provided. For cost-plus fee contracts, revenue is recognized when services are performed and billable, based on incurred hours, agreed-upon hourly rates, subcontractor costs, and material costs. Revenue for fixed-price contracts is recognized and invoiced over time using the cost-to-cost percentage-of-completion method.