What conditions must a Bumper Man franchisee meet to be in 'Good Standing' for renewal?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor or its Affiliates may operate as a result of any acquisition, consolidation or merger.
3. TERM OF FRANCHISE.
- (a) Initial Term. The Initial Term will commence on the Effective Date of this Agreement and expire five years thereafter, unless this Agreement is terminated as provided in Section 18.
- (b) Renewal Term. Franchisee may, at its option, continue to operate the Bumper Business under this Agreement for seven consecutive Renewal Terms, subject to any or all of the following conditions which must, at Franchisor's sole option, be met prior to and at the time of such Renewal Term.
- (i) Franchisee's Notice.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, to renew their franchise agreement, a franchisee must be in 'Good Standing'. This means the franchisee must not be in default, nor previously have been in default, of any provision of the Franchise Agreement or any other agreement between the franchisee (or their affiliates) and Bumper Man (or its affiliates).
Furthermore, the franchisee must have substantially and timely complied with all the terms and conditions of such agreements during their terms. This indicates that Bumper Man places a strong emphasis on franchisees adhering to the terms of the agreement throughout the initial term.
For a prospective franchisee, this highlights the importance of understanding and diligently following all requirements outlined in the franchise agreement and any related documents. Failure to do so could jeopardize the opportunity to renew the franchise and continue operating under the Bumper Man brand.