What was the reported value of Bumble Roofing's leasehold improvements in 2023?

According to Bumble Roofing's 2025 Franchise Disclosure Document, the value of leasehold improvements in 2023 was $2,295,625. This figure represents the costs Bumble Roofing has incurred to improve leased spaces. These improvements may include renovations, build-outs, or other modifications made to adapt the space for Bumble Roofing's specific business needs.

For a prospective Bumble Roofing franchisee, understanding the value of leasehold improvements can provide insight into the investments the company makes in its physical locations. It's important to note that these improvements are subject to depreciation and amortization, which is reflected in the financial statements. The accumulated depreciation and amortization reduce the net book value of these assets over time.

The financial statement also lists the value of leasehold improvements in 2024 as $2,733,134 and in 2022 as $799,907. Reviewing these figures over multiple years can reveal trends in Bumble Roofing's investment in its physical infrastructure. A prospective franchisee should consider these figures in the context of the overall financial health and growth strategy of Bumble Roofing.