factual

What is the stated consideration for the Bumper Man franchisee assigning their rights and interest in the telephone numbers?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee will, at Franchisor's option, assign to Franchisor (or its designee) or cancel any electronic mail address, domain name, search engine, website, or Social Media account that associates Franchisee with Franchisor, the Bumper Business, System, or Marks. Franchisee will notify the telephone company and all telephone directory publishers of the expiration or termination of Franchisee's right to use any telephone, telecopy, or other numbers and any telephone directory listings associated with any Mark, authorize the transfer of such numbers and directory listings to Franchisor in accordance with Exhibit G, or, at Franchisor's direction, instruct the telephone company to forward all calls made to Franchisee's telephone numbers to numbers Franchisor specifies.

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to the 2025 Bumper Man Franchise Disclosure Document, the franchisee will, at Bumper Man's option, assign to Bumper Man (or its designee) or cancel any electronic mail address, domain name, search engine, website, or Social Media account that associates Franchisee with Franchisor, the Bumper Business, System, or Marks. The franchisee will notify the telephone company and all telephone directory publishers of the expiration or termination of Franchisee's right to use any telephone, telecopy, or other numbers and any telephone directory listings associated with any Mark, authorize the transfer of such numbers and directory listings to Franchisor in accordance with Exhibit G, or, at Bumper Man's direction, instruct the telephone company to forward all calls made to Franchisee's telephone numbers to numbers Bumper Man specifies. The FDD does not state any consideration that the franchisee will receive for assigning their rights and interest in the telephone numbers.

This means that as a Bumper Man franchisee, you may be required to transfer or cancel various online and communication assets to Bumper Man upon termination or expiration of your franchise agreement. This includes email addresses, domain names, social media accounts, and telephone numbers associated with the Bumper Man brand. You are also responsible for notifying the phone company and directory publishers about the termination of your right to use these numbers and listings.

It is important to note that the FDD does not specify any compensation or consideration you will receive for transferring these assets to Bumper Man. This is a fairly standard practice in franchising, as the franchisor typically wants to maintain control over its brand identity and customer communications. However, it is something to be aware of as a potential franchisee, as you will be giving up assets that may have value or goodwill associated with them.

Prospective franchisees should inquire with Bumper Man about the specific procedures and requirements for transferring these assets, as well as any potential costs or liabilities associated with the transfer. It would also be prudent to understand how Bumper Man intends to use these assets after the transfer and whether there are any restrictions on your ability to use similar assets in the future, should you choose to operate a different business.

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.