Can Bumble Roofing require a franchisee's spouse to sign the Note?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
Each individual who owns, directly or indirectly, a 5% or greater interest in you (and, if you sign the Franchise Agreement as an individual, your immediate family defined as your spouse and domestic partner) must sign the Guaranty and Assumption of Franchisee's Obligations assuming and agreeing to discharge all of your obligations and comply with all restrictions under the Franchise Agreement (See Attachment B to the Franchise Agreement).
Source: Item 10 — FINANCING (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Bumble Roofing Franchise Disclosure Document, if a franchisee signs the Franchise Agreement as an individual, their immediate family, defined as their spouse and domestic partner, must sign the Guaranty and Assumption of Franchisee's Obligations. This agreement means they assume and agree to discharge all of the franchisee's obligations and comply with all restrictions under the Franchise Agreement.
This requirement ensures that Bumble Roofing has recourse to the personal assets of both the franchisee and their spouse or domestic partner, providing an additional layer of financial security for the franchisor. It also aligns the interests of the franchisee's family with the success of the Bumble Roofing business.
For a prospective franchisee, this means that their spouse or domestic partner will be legally bound to uphold the terms of the Franchise Agreement. If the franchisee fails to meet their obligations, Bumble Roofing can pursue legal action against both the franchisee and their spouse or domestic partner to recover any losses. Franchisees should carefully consider the implications of this requirement and discuss it with their spouse or domestic partner before signing the Franchise Agreement.
This requirement is not uncommon in franchising, as franchisors often seek to ensure that all parties with a vested interest in the franchisee's success are fully committed to the business and its obligations. However, prospective franchisees should be aware of this requirement and understand the potential liabilities involved.