factual

To whom is the initial franchise fee for Bumper Man paid?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

To Whom
Type of Method of
Amount When Due Payment is to
Expenditure Payment be Made
$50,000 Lump sum Upon signing Franchise Agreement Us
Initial Franchise Fee
(1)
$15,000 - $40,000 As arranged Monthly payments over the life of the finance contract unless purchased outright (see note 5) Lender, Dealership or Seller
Truck with Tonneau
Cover or Camper
Shell (2)
Computer $750 - $1,500 As arranged As arranged Vendor
Hardware, Software
(3)
$2,000 - $4,000 As incurred As arranged Transportation, Service, and Lodging Providers
Training-related
Expenses (4)
Telephone and $75 - $300 As incurred Monthly Vendors
Mobile Phone
$1,700 - $3,000 As arranged As arranged; Insurance
before opening Broker
Insurance (5)
To Whom
Type of Method of
Amount When Due Payment is to
Expenditure Payment be Made
$1,000 - $2,000 As incurred As arranged Lawyers, Accountants, Governmental Authorities, other Professional Advisors
Professional Fees;
Licenses
$2,500 - $4,000 As incurred As incurred Suppliers, Phone Service Providers, Lenders
Additional Funds-3
months (6)
TOTAL(7) $73,025to $104,800

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)

What This Means (2025 FDD)

According to Bumper Man's 2025 Franchise Disclosure Document, the initial franchise fee of $50,000 is paid to 'Us,' which refers to the franchisor, Bumper Man. This payment is due in a lump sum upon signing the Franchise Agreement.

Other expenses listed in Item 7 of the FDD are paid to different entities. For example, the cost for a truck with a tonneau cover or camper shell, estimated between $15,000 and $40,000, is paid to a lender, dealership, or seller, and is typically arranged through monthly payments over the life of a finance contract unless purchased outright. Computer hardware and software, estimated between $750 and $1,500, are paid to the vendor. Training-related expenses, ranging from $2,000 to $4,000, are paid to transportation, service, and lodging providers.

Insurance costs, estimated between $1,700 and $3,000, are paid to an insurance broker. Professional fees and licenses, ranging from $1,000 to $2,000, are paid to lawyers, accountants, governmental authorities, and other professional advisors. Additional funds for the first three months of operation, estimated between $2,500 and $4,000, are paid to suppliers, phone service providers, and lenders. Understanding to whom each payment is made is an important part of planning the initial investment for a Bumper Man franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.