Under what conditions can a Bumble Roofing franchisee obtain an additional franchise term?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
- Any capitalized terms that are not defined in this Addendum shall have the meaning given them in the Franchise Agreement.
- Except as expressly modified by this Addendum, the Franchise Agreement remains unmodified and in full force and effect.
This Addendum is being entered into in connection with the Franchise Agreement. In the event of any conflict between this Addendum and the Franchise Agreement, the terms and conditions of this Addendum shall apply.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the date Franchisor signs below.
BUMBLE ROOFING FRANCHISOR, LLC Its: Its:
ILLINOIS ADDENDUM TO FRANCHISE DISCLOSURE DOCUMENT
To the extent the Illinois Franchise Disclosure Act, Ill. Comp. Stat. §§705/1 – 705/44 applies, the terms of this Addendum apply.
Item 17, Additional Disclosures. The following statements are added to Item 17:
Illinois law governs the agreements between the parties to this franchise.
Section 4 of the Illinois Franchise Disclosure Act provides that any provision in a franchise agreement that designates jurisdiction or venue outside the State of Illinois is void. However, a franchise agreement may provide for arbitration outside of Illinois.
Section 41 of the Illinois Franchise Disclosure Act provides that any condition, stipulation or provision purporting to bind any person acquiring any franchise to waive compliance with the Illinois Franchise Disclosure Act or any other l
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 43–45)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the specific conditions for renewal of a Bumble Roofing franchise agreement are not detailed in the provided excerpts. While Item 17, which typically covers renewal, termination, transfer, and dispute resolution, is referenced, the actual requirements and conditions for obtaining an additional franchise term are not included in the provided addenda.
Several state-specific addenda (California, Maryland, Minnesota, New York, Rhode Island, Virginia, and Illinois) address legal considerations and modifications to certain clauses within the franchise agreement. These addenda primarily focus on ensuring compliance with state franchise laws, particularly regarding waivers, releases, forum selection, and termination rights. However, they do not elaborate on the process or criteria for franchise renewal.
Prospective Bumble Roofing franchisees should carefully review the complete Franchise Agreement and directly inquire with the franchisor about the specific conditions and qualifications required for franchise renewal. This includes understanding the length of the renewal term, any associated fees, performance metrics that must be met, and any other obligations or requirements for securing an additional franchise term. Understanding these conditions is crucial for long-term planning and investment decisions.