factual

What is the VetFran discount offered by Bumble Roofing, and how does it affect the Initial Franchise Fee?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

,500 + $5,000).

VetFran Discount. We are a member of the International Franchise Association ("IFA"), and support and participate in IFA's VetFran Program. If you are an honorably discharged veteran who meets our qualifications for new BUMBLE ROOFING® franchisees, we will discount the Initial Franchise Fee by 15%. The VetFran discount may be used only once for one Territory. The VetFran discount may applied toward the purchase of only one of the franchise concepts offered by us and our Affiliates.

Multi-Territory Discount. If you license multiple contiguous Territories from us at the same time (for which you are signing separate Franchise Agreements for each Territory), the Initial Franchise Fee that you must pay under the second and each additional Franchise Agreement will be as follows:

# of Territories Household Limit* Cumulative Initial Franchise Fees Individual Franchise Fee*
1

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

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, the company participates in the IFA's VetFran program, offering a 15% discount on the Initial Franchise Fee to honorably discharged veterans who meet the standard qualifications for new franchisees. The standard Initial Franchise Fee is $49,500 for a territory with less than 100,000 single-family households. Therefore, the VetFran discount would reduce this fee by 15%.

For a single territory, the VetFran discount can significantly lower the initial investment. The discount can only be used once for one territory, meaning veterans cannot apply it to multiple territories simultaneously. Additionally, the discount is applicable toward the purchase of only one of the franchise concepts offered by Bumble Roofing and its Affiliates.

It's important to note that the VetFran discount can be combined with other discounts offered by Bumble Roofing. However, if the franchisee fails to maintain at least a 75% interest in the franchisee entity or causes any transfer during the first three years of the Franchise Agreement, they must repay the discounted amount of the Initial Franchise Fee. This condition ensures that the benefit of the discount remains with the veteran who initially qualified for it.

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.