factual

Upon what event is the Additional Household Fee considered earned by Bumble Roofing?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

-by-case basis.

Additional Household Fee. If we permit you to purchase additional geographic areas for a specific Territory so that the Territory exceeds 100,000 single-family households, then you must pay us an additional fee in an amount equal to the single-family households in your Territory in excess of 100,000 multiplied by $0.25 (the "Additional Household Fee"). We do not anticipate granting a single Territory that exceeds 149,999 single-family households. The Additional Household Fee is earned upon receipt and not refundable under any circumstances.

For example, if we permit you to purchase additional geographic areas for your Territory so that the individual Territory consists of a total of 120,000 single-family households, then you must pay us an Additional Household Fee equal to $5,000, for a total Initial Franchise Fee of $54,500 (which is equal to $4

Source: Item 5 — INITIAL FEES (FDD pages 16–19)

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, the Additional Household Fee is considered earned upon receipt. This fee applies when Bumble Roofing permits a franchisee to purchase additional geographic areas for a specific territory, increasing the number of single-family households beyond the standard 100,000. The fee is calculated by multiplying the number of households exceeding 100,000 by $0.25.

For example, if a franchisee's territory includes 120,000 single-family households, the Additional Household Fee would be $5,000 (20,000 households x $0.25), resulting in a total initial franchise fee of $54,500 (the standard $49,500 plus the additional $5,000). It is important to note that Bumble Roofing does not anticipate granting a single territory that exceeds 149,999 single-family households.

This fee is non-refundable under any circumstances once paid. Therefore, prospective Bumble Roofing franchisees should carefully consider the size and potential of the territory they are purchasing, as the Additional Household Fee represents a sunk cost once it is remitted to the franchisor.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.