What was the total value of Bumble Roofing's inventory in 2024?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
HOLDCO, LLC CONSOLIDATED BALANCE SHEETS SEPTEMBER 30, 2024, 2023, AND 2022
ASSETS
| 2024 | 2023 ("As Restated") | 2022 ("As Restated") | |
|---|---|---|---|
| Current Assets | |||
| Cash | $ 2,941,232 | $ 1,737,401 | $ 1,492,295 |
| Royalties and accounts receivable, net | 10,215,595 | 8,416,631 | 5,544,544 |
| Rebates receivable, net | 1,889,160 | 1,815,484 | - |
| Notes receivable | 97,904 | 24,492 | 231,429 |
| Inventory | 3,461,346 | 3, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the value of its inventory in 2024 was $3,461,346. This figure is part of the company's current assets, which totaled $19,459,852 in 2024. Reviewing the inventory value helps prospective franchisees understand the scale of physical goods Bumble Roofing handles.
Inventory management is a critical aspect of running a Bumble Roofing franchise. Efficiently managing inventory levels can impact cash flow, storage needs, and potential obsolescence. Franchisees should inquire about the types of inventory they will need to maintain, the suppliers they will be required to use, and any support Bumble Roofing provides in managing inventory effectively.
Understanding the franchisor's inventory practices and support systems is essential for a franchisee's financial planning and operational efficiency. This information, combined with insights into other current assets and liabilities, provides a comprehensive view of the company's financial health and stability.