What is the deadline for a Bumper Man franchisee to verify the accuracy of Gross Sales figures?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (xii) Franchisee under-states Gross Sales or fails to accurately report Gross Sales or its performance of any Designated Services, and does not correct such failure within three days after Notice of such failure is delivered to Franchisee, including without limitation payment of the Non-Reported Designated Services Fee for such failure to report performance of Designated Services;
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, a franchisee has three days to correct any under-reporting or inaccurate reporting of Gross Sales after receiving notice of the failure from Bumper Man. This includes paying any Non-Reported Designated Services Fee that may apply.
This short correction window is a critical point for prospective franchisees. Failure to accurately report Gross Sales and rectify the issue within three days after notice constitutes a breach of the franchise agreement. Bumper Man could take action if the franchisee does not comply within this timeframe.
Franchisees should ensure they have robust accounting practices and internal controls to accurately track and report Gross Sales. They should also maintain open communication with Bumper Man to promptly address any discrepancies. The consequences of failing to meet this deadline can be severe, potentially leading to termination of the franchise agreement.