What does the vehicle estimate for Bumble Roofing assume?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
aining program attendees.
- Equipment and Vehicles. We do not require that you purchase a vehicle if you already own a suitable one in good condition that meets our then-current standards and specifications and can be dedicated to the Roofing Business, however, you will be required to purchase the vehicle graphics and equipment package from us or our affiliates. If you do not already own a suitable vehicle, you must either lease or purchase one. The above estimates assume that you will lease or purchase a vehicle that meets our then-current standards and specifications, in addition to the required vehicle graphics and equipment to operate a single Franchise in a single territory. The high figure assumes you fund the entire purchase with cash at the highest end of the price range. The low figure assumes you finance with a 20% down payment as described below. As noted in Item 8 certain proprietary products, including vehicle wraps and graphics, certain services, equipment or tools required or developed in the future may be supplied solely by us. These estimates are based on a 20% down payment, with the remainder financed over a 60-month term, at an interest rate of 9% plus three months of payments. Your down payment, term and interest may vary. You must obtain the required initial equipment prior to commencing operations. The required initial equipment consists of one approved vehicle (currently Ford Maverick, Ford Ranger, or Ford F150) plus certain basic tools and equipment including but not limited to a ladder, roofing samples, pressure washer, drone, and ladder rack. If paid in full, your total required equipment cost will range from $46,423 to $79,434. Below, we have shown the total investment to make you aware of the overall costs. These numbers were calculated by using a range of $30,000 to $50,000 for the Ford Truck, plus $5,000 for the required graphics package, and up to $7,000 for various tools and equipment; the high amount includes an additional 12% buffer to account for ex
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–27)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the vehicle estimate provided in Item 7 assumes that a franchisee will either lease or purchase a vehicle that meets Bumble Roofing's standards and specifications, along with the required vehicle graphics and equipment, to operate a single franchise in a single territory. The estimate considers two scenarios: one where the franchisee funds the entire purchase with cash at the higher end of the price range, and another where the franchisee finances the purchase with a 20% down payment.
The low-end vehicle and equipment estimate is $46,423, while the high-end is $79,434 if paid in full. The financed estimate is based on a 20% down payment, with the remaining balance financed over a 60-month term at a 9% interest rate, plus three months of payments. The document specifies that the required initial equipment includes an approved vehicle (currently Ford Maverick, Ford Ranger, or Ford F150), basic tools, and equipment such as a ladder, roofing samples, a pressure washer, a drone, and a ladder rack.
The FDD specifies that the estimates are based on a range of $30,000 to $50,000 for the Ford Truck, plus $5,000 for the required graphics package, and up to $7,000 for various tools and equipment. The high amount includes an additional 12% buffer to account for extra expenses or inflation. A prospective franchisee should consider these assumptions and factors when budgeting for their initial investment, keeping in mind that their actual costs may vary based on their specific circumstances and financing terms.