Does Bumble Roofing provide a cure period for failure to pay amounts due to affiliates?

Based on the 2025 Bumble Roofing Franchise Disclosure Document, the franchise agreement does not explicitly state a specific cure period for failure to pay amounts due to Bumble Roofing's affiliates. However, the agreement does state that to extend the franchise agreement for a Successor Term, the franchisee must be current in its payment obligations to Bumble Roofing, Bumble Roofing's Affiliates, and the franchisee's trade creditors.

Failure to meet these payment obligations could prevent a franchisee from being able to extend the agreement. Furthermore, each failure to pay Royalty Fees, National Branding & Marketing Fees, and other amounts payable to Bumble Roofing when due constitutes a material breach of the agreement, which could lead to termination.

While the FDD does not specify a cure period, it is important for a prospective franchisee to discuss payment terms and potential cure periods with Bumble Roofing during their due diligence. Understanding the franchisor's policies on late payments and the potential consequences is crucial for managing the financial aspects of the franchise.