What proof of licenses, insurance, and permits must a Bumble Roofing franchisee provide to extend their rights?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
- (j) Franchisee has provided Franchisor with proof of current licenses, insurance and any necessary permits; and
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, a franchisee must provide proof of current licenses, insurance, and any necessary permits to extend their rights to operate the roofing business for a Successor Term. This is one of several conditions that Bumble Roofing assesses to determine whether a franchisee can extend their initial franchise term.
Meeting this requirement ensures that the franchisee continues to operate legally and safely, protecting both the franchisee and the Bumble Roofing brand. Maintaining current licenses and permits demonstrates compliance with local and federal regulations, while up-to-date insurance coverage mitigates potential risks associated with the business.
In addition to providing proof of licenses, insurance, and permits, the franchisee must also meet other conditions, including resolving any breaches of the agreement, being current with all payments, meeting Bumble Roofing's qualifications for renewing franchisees, executing a successor franchise agreement, and paying a successor franchise fee. The successor franchise fee is the greater of $5,000 or 25% of the then existing Initial Franchise Fee. Meeting all these requirements is necessary for a Bumble Roofing franchisee to be granted a Successor Term.