Must the transferee execute Bumble Roofing's current form of Franchise Agreement?

According to Bumble Roofing's 2025 Franchise Disclosure Document, a franchisee must execute the current form of the franchise agreement when extending their rights to operate the roofing business for a Successor Term. Specifically, the franchisee must execute a successor franchise agreement and all other agreements in the form then being used by Bumble Roofing in granting new franchises.

This new agreement may contain materially different terms and conditions than the original agreement. However, the franchisee will pay Bumble Roofing the Successor Franchise Fee instead of the Initial Franchise Fee, and the Successor Term will be no less than five years.

This requirement ensures that all franchisees, including those renewing their agreements, are operating under the most up-to-date terms and conditions set by Bumble Roofing. It also allows Bumble Roofing to update its franchise agreement to reflect changes in the market, legal requirements, or the company's business practices. For a prospective franchisee, this means that renewing the franchise is not guaranteed to be on the same terms as the original agreement and could involve significant changes.