What is the definition of 'Continuing Service Fees' in the context of the Bumper Man Certified Technician Addendum?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee and its Principals have paid all Continuing Service Fees and all other amounts owed to Franchisor and its Affiliates, submitted all required Reports and other statements and data and otherwise are in full compliance with this Agreement as of the date of Franchisee's request for approval of the Certified Technician and as of the Commencement Date.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
Based on the 2025 Bumper Man Franchise Disclosure Document, the franchisee and its principals must have paid all Continuing Service Fees, among other obligations, to be in full compliance with the agreement as of the date of the franchisee's request for approval of the Certified Technician and as of the Commencement Date.
While the excerpt mentions 'Continuing Service Fees' within the context of the Certified Technician Addendum, it does not provide a specific definition of what these fees entail. The document only states that the franchisee must be current on these fees to have a Certified Technician approved.
For a prospective Bumper Man franchisee, it is important to understand exactly how the Continuing Service Fees are calculated, when they are due, and what services or support they cover. This information is crucial for budgeting and assessing the overall cost of operating the franchise with a Certified Technician. A prospective franchisee should ask the franchisor for a detailed explanation of the Continuing Service Fees, including how they might change over time and what recourse the franchisee has if they dispute the fees.