What is the required action for Bumble Roofing regarding pre-opening obligations in Maryland?

According to Bumble Roofing's 2025 Franchise Disclosure Document, due to the franchisor's financial condition, the Maryland Securities Commissioner requires a financial assurance. As a result, Bumble Roofing must defer all initial fees and payments owed by franchisees in Maryland until it completes its pre-opening obligations under the franchise agreement.

This requirement means that prospective Bumble Roofing franchisees in Maryland will not have to pay any initial fees or payments until Bumble Roofing has fulfilled all of its pre-opening obligations as outlined in the franchise agreement. These obligations typically include site selection assistance, training, providing operations manuals, and other support services necessary to get the franchise location ready for business.

This deferral of fees protects the franchisee by ensuring that Bumble Roofing is financially capable and committed to providing the necessary support before receiving any upfront payments. It also reduces the financial risk for the franchisee during the initial stages of the franchise setup. Franchisees should carefully review the franchise agreement to understand the specific pre-opening obligations that Bumble Roofing must fulfill before the initial fees and payments become due.