How much is the initial franchise fee for a Bumper Man franchise, and when is it due?
Bumper_Man Franchise · 2025 FDDAnswer 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) |
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 is $50,000. This fee is payable in a lump sum to Bumper Man upon signing the Franchise Agreement. The initial franchise fee covers the initial set of Bumper Man tools and equipment provided on loan to establish the Bumper Business, as well as an initial supply of products and materials like invoices, business cards, stationery, and marketing materials.
It's important to note that the initial franchise fee may be partially refundable if Bumper Man determines that the franchisee has not satisfactorily completed training. However, the FDD states that Bumper Man does not finance the initial franchise fee, except for franchisee operators that meet certain criteria (as described in Item 10) and in connection with the purchase of a new Bumper Man franchise.
Prospective franchisees should carefully consider the payment terms and refund conditions of the initial franchise fee. They should also inquire about the specific criteria for potential financing options, as detailed in Item 10 of the FDD, to fully understand their financial obligations and potential opportunities.