What was the total revenue reported for Bumble Roofing in 2024?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
NSOLIDATED STATEMENTS OF INCOME FOR THE YEARS ENDING SEPTEMBER 30, 2024, 2023, AND 2022
| 2024 | 2023 ("As Restated") | 2022 ("As Restated") | |
|---|---|---|---|
| Revenue | |||
| Fencing and rail revenues | $ 24,961,275 | $ 23,390,797 | $ 16,879,944 |
| Franchise royalties and fees | 31,551,158 | 21,471,627 | 13,380,514 |
| Product sales | 11,624,045 | 9,875,832 | 8,878,823 |
| Residential and commercial roofing | 5,849,769 | 4,131,506 | - |
| Window and door installation | 3,448,901 | 1,058,329 | - |
| Franchise fees | 12,430,539 | 10,807,586 | 5,641,473 |
| Ancillary | 7,854,946 | 5,721, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the total revenue reported for residential and commercial roofing in 2024 was $5,849,769. This figure represents the revenue generated specifically from Bumble Roofing's operations during that year.
This revenue is recognized over time as the performance obligations are satisfied, indicating that Bumble Roofing uses a method that recognizes revenue as work is completed on roofing contracts. This approach is typical for long-term projects where control of the work is continuously transferred to the customer. The FDD also notes that residential roofing contracts are typically completed within one to five days, suggesting a relatively quick revenue recognition cycle for those projects.
Prospective franchisees should consider this revenue figure in the context of the overall financial performance of Bumble Roofing and the potential for revenue generation in their specific market. Understanding the mix of residential and commercial projects, as well as the costs associated with generating this revenue, will be crucial in assessing the profitability and viability of a Bumble Roofing franchise.