How long is the initial term for a Bumper Man franchise agreement?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
3. TERM OF FRANCHISE.
- (a) Initial Term. The Initial Term will commence on the Effective Date of this Agreement and expire five years thereafter, unless this Agreement is terminated as provided in Section 18.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the initial term of the franchise agreement is five years. This term commences on the effective date of the agreement. Unless the agreement is terminated earlier as per Section 18, the franchise will remain in effect for this five-year period.
For a prospective franchisee, this means they are committing to operate a Bumper Man franchise for a minimum of five years from the date the agreement takes effect. This provides a defined period for recouping their initial investment and building a sustainable business. It's a fairly standard initial term length in the franchise industry, offering both the franchisee and franchisor a reasonable timeframe to assess the viability and success of the business relationship.
At the end of the initial term, the franchisee has the option to renew the agreement for additional terms, subject to meeting certain conditions set by Bumper Man. These conditions may include providing notice of intent to renew, being in good standing with no defaults on the agreement, maintaining the Bumper Man vehicle and operating assets to current standards, and executing the then-current form of the franchise agreement along with paying any applicable renewal fees.