What happens if any of the Bumper Man tools and equipment are lost or damaged?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
We currently are the only approved supplier for Bumper Man tools and equipment. We provide to you on loan the initial set of Bumper Man tools and equipment for use in the operation of the Bumper Business for the duration of the term of your Franchise Agreement. If any such Bumper Man tools and equipment are lost or damaged, you must purchase replacement tools or equipment, as applicable, from us or our designated supplier; provided, upon expiration, termination, or transfer of the Franchise Agreement, you must return all such Bumper Man tools and equipment to us.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 18–20)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, the initial set of tools and equipment is provided on loan for the duration of the Franchise Agreement. If any of these tools or equipment are lost or damaged, the franchisee is responsible for purchasing replacements. These replacements must be acquired from Bumper Man or its designated supplier. Upon the expiration, termination, or transfer of the Franchise Agreement, the franchisee must return all Bumper Man tools and equipment.
This arrangement means that while Bumper Man provides the initial tools, the franchisee bears the risk of loss or damage. This is a fairly standard practice in franchising, where the franchisee is generally responsible for maintaining and replacing equipment necessary for operating the business. However, the requirement to purchase replacements solely from Bumper Man or its designated supplier limits the franchisee's options and could potentially lead to higher costs.
Prospective franchisees should consider the potential costs associated with replacing lost or damaged equipment. It would be prudent to inquire about the typical lifespan of the tools and equipment, the cost of replacements, and whether there are any insurance options available to cover such losses. Understanding these factors will help in assessing the overall financial risk associated with the Bumper Man franchise.