factual

What services are included in the Bumble Roofing financial performance representation data?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

not report any sales during the fiscal year ended September 30, 2024.

The Affiliate included in this financial performance representation offers services that you may not be authorized to use under the terms of your Franchise Agreement. However, we have excluded data from those and other services from this financial performance representation. The data included below is only for the full offering of roofing installation and roofing related products and services including replacement and maintenance options for residential and commercial customers that you will also be authorized to offer (the "Roofing Services"). The Roofing Services offered under our Marks by the Affiliate Unit are substantially similar to franchised Roofing Businesses for which we are offering franchises in this disclosure document. The Affiliate Unit was not limited by the territorial boundaries and performed roofing services in what would have been 12.5 franchise territories. However, in zip codes where the Affiliate Unit serviced more than one customer, when aggregated, was equivalent to four territories. The Affiliate Unit reports its data in the aggregate for all of its territories.

For this Item 19, "Revenue" means amounts derived from all Roofing Services sold from or through the Affiliate Unit, but does not include any revenue from other projects including solar panel installation, taxes or customer refunds.

A. Revenue per roofing project October 1, 2023 through September 30, 2024

The following table presents revenue per roofing project for 195 projects completed by the Affiliate Unit during the reporting period of October 1, 2023 to September 30, 2024.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 45–50)

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, the financial performance representation data includes revenue derived from the full offering of roofing installation and roofing related products and services, including replacement and maintenance options for residential and commercial customers. This is referred to as "Roofing Services" in the document. The financial data excludes revenue from other projects, such as solar panel installation, taxes, or customer refunds.

The Item 19 data includes information from an affiliate-owned Roofing Business in Los Angeles, CA, and six Bumble Roofing franchisees. The affiliate unit's data encompasses all of its territories, while the franchisee data reflects gross sales, the number of jobs sold, and the average sale per franchise outlet. Gross Sales include all sales of roofing products and services recorded in the customer relationship management (CRM) software for each franchisee, representing projects accepted by the customer during the reporting period, whether completed or still in progress.

Prospective franchisees should understand that the financial performance data presented pertains specifically to these "Roofing Services" and does not account for potential revenue streams from other services like solar panel installation. Additionally, the document clarifies that the financial results of the affiliate unit may not be fully representative of a typical franchise, as it was not limited by territorial boundaries. Franchisees should also note that the gross sales figures include both completed and in-progress projects, which may affect cash flow and revenue recognition.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.