What is the Bumper Man Franchise Agreement for?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchisee: | |
|---|---|
| State of Formation: | |
| Address of Principal Place of Business: | |
| Franchisee's Representative: | |
| Residence Address of Representative: | |
| As you know, Bumper Man, Inc. ("Franchisor") and the Franchisee ("You") are preparing to enter | |
| into a Franchise Agreement for the operation of a Bumper Man bumper repair business (the | |
| "Franchise"). The purpose of this Summary of Acknowledgments and Franchise Questionnaire is | |
| to determine whether any statements or promises were made to you that Franchisor has not | |
| authorized and that may be untrue, inaccurate or misleading. Please review each of the following | |
| questions carefully and provide honest responses to each question. | |
| Indicate your acknowledgment and agreement with each of the following statements by initialing | |
| each and signing below: |
Source: Item 22 — CONTRACTS (FDD page 45)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the Franchise Agreement between Bumper Man, Inc. and the franchisee is for the operation of a Bumper Man bumper repair business.
As part of the process of entering into a Franchise Agreement, Bumper Man requires the franchisee to complete a Summary of Acknowledgments and Franchisee Questionnaire. The purpose of this questionnaire is to determine if any unauthorized statements or promises were made to the franchisee that may be untrue, inaccurate, or misleading.
Furthermore, a General Release is executed by the franchisee and any guarantors as a condition of transfer or renewal of the Franchise Agreement. Additionally, if a franchisee requires financing from Bumper Man, a Promissory Note is used, which incorporates the terms of the Bumper Man franchise agreement. Defaulting on the franchise agreement also constitutes a default on the Promissory Note.