Does the Bumper Man franchisee need to submit all required data before a transfer can be approved?

According to Bumper Man's 2025 Franchise Disclosure Document, a franchisee must submit all required reports, statements, and data to the franchisor before a transfer of the franchise can be approved. Specifically, the franchisee must be in full compliance with the Franchise Agreement both at the time of requesting the transfer and on the effective date of the transfer. This includes paying all Continuing Service Fees and other amounts owed to Bumper Man and its affiliates.

This requirement ensures that the Bumper Man franchise system maintains its integrity and that all franchisees are meeting their financial and reporting obligations. By requiring full compliance before a transfer, Bumper Man protects its brand and the interests of other franchisees in the system.

For a prospective franchisee, this means that if they plan to sell their Bumper Man franchise in the future, they must maintain meticulous records and ensure timely submission of all required reports and payments. Failure to do so could delay or even prevent the transfer of the franchise, potentially impacting the sale price or terms. It is a fairly standard practice in franchising to ensure compliance before allowing a transfer.