What was the total value of Bumble Roofing's rebates receivable, net, in 2023?

According to Bumble Roofing's 2025 Franchise Disclosure Document, the total value of rebates receivable, net, for the company in 2023 was $1,815,484. This figure is part of the company's current assets, as detailed in the financial statements.

Rebates receivable represents the amount of money that Bumble Roofing expects to receive from suppliers based on purchase volumes achieved by franchisees within the Bumble Roofing network. These rebates are contingent upon meeting specific purchase volume targets set by the suppliers. The company recognizes this rebate income when it is reasonably assured of receiving the payment and when the performance conditions stipulated in the supplier agreements have been met.

For a prospective Bumble Roofing franchisee, understanding the rebates receivable is important because it reflects a portion of the company's financial health and its ability to manage relationships with suppliers to benefit from volume-based incentives. While these rebates are recognized as revenue for the franchisor, the franchisee benefits through the franchisor's ability to offer competitive pricing and potentially invest in further support and resources for the franchise system.