Bumble Roofing Franchise FDD, Profits, Costs & Fees (2024)
Bumble Roofing, established in 2019, is a roofing company headquartered in Glen Allen, Virginia. The company began franchising in 2023, offering opportunities for entrepreneurs to join its expanding network. As of 2024, Bumble Roofing operates 29 units across the United States.
Specializing in residential and commercial roofing services, Bumble Roofing provides roof replacements, repairs, inspections, emergency services, and maintenance programs.
The company distinguishes itself through a commitment to transparency, offering clear pricing and a straightforward process that eliminates high-pressure sales tactics. Utilizing satellite imagery technology, Bumble Roofing generates quick and accurate quotes, enhancing customer convenience.
Currently, Bumble Roofing is actively seeking franchisees within the United States, aiming to expand its presence and deliver quality roofing solutions nationwide. The franchise model is designed to be accessible, with low start-up costs and overhead, making it an attractive option for prospective business owners.
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Initial Investment
How much does it cost to start a Bumble Roofing franchise? It costs on average between $163,000 – $260,000 to start a Bumble Roofing franchised facility.
This includes costs for equipment, materials, marketing, and initial operating expenses. The exact amount depends on various factors, including the size of the service area, the location, and whether the franchisee chooses to lease or purchase office space or storage facilities.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,500 |
| Travel and living expenses while training | $2,000 – $5,000 |
| Equipment and Vehicles | $11,598 – $79,434 |
| Online Training with National Roofing Contractors Association | $250 |
| GPS Tracking Systems | $150 – $400 |
| Insurance | $2,000 – $10,000 |
| Computer, Phone and Technology Systems | $3,000 – $6,000 |
| Professional Fees | $1,000 – $5,000 |
| Office Related Expenses | $500 – $1,250 |
| Local Software Setup Fee | $0 – $2,000 |
| Custom Marketing and Services Activation Fee | $5,000 |
| Software Implementation Assistance Fee | $2,500 |
| Business Licenses and Permits | $2,000 – $10,000 |
| Opening Advertising/Marketing | $20,000 |
| Advertising/Marketing (Ongoing) | $14,000 |
| Additional Funds – 3 months | $50,000 |
| TOTAL | $163,498 – $260,334 |
Average Revenue (AUV)
How much revenue can you make with a Bumble Roofing franchise? A Bumble Roofing franchised business makes on average $4,190,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,917,000 yearly revenue for similar roofing/siding franchises.
Below are a few competitors in the roofing industry in comparison:
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Bumble Roofing Franchise Disclosure Document
Frequently Asked Questions
How many Bumble Roofing locations are there?
As of the latest data, Bumble Roofing operates 14 locations across the United States. These include both company-owned and franchise-owned units, with a presence in states such as California, Colorado, Connecticut, Georgia, Idaho, Kansas, North Carolina, Ohio, Pennsylvania, Texas, and Virginia.
What is the total investment required to open a Bumble Roofing franchise?
The total investment required to open a Bumble Roofing franchise ranges from $163,000 to $260,000.
What are the ongoing fees for a Bumble Roofing franchise?
Bumble Roofing franchisees pay a royalty fee of 6.5% of gross revenues, with a minimum fee starting from the seventh month. Marketing fees include a National Branding and Marketing Fee of 1-2% of gross revenues and a local advertising requirement of 5% of gross revenues or $3,500 per month, whichever is higher.
What are the financial requirements to become a Bumble Roofing franchisee?
To become a Bumble Roofing franchisee, you need a minimum net worth of $250,000 and at least $50,000 in liquid capital. These financial requirements ensure you have the necessary resources to establish and operate the franchise effectively.
How much can a Bumble Roofing franchise owner expect to earn?
The average gross sales for a Bumble Roofing franchise are approximately $4.19 million per location. Assuming a 15% operating profit margin, $4.19 million yearly revenue can result in $629,000 EBITDA annually.
Who owns Bumble Roofing?
Bumble Roofing was founded in 2019 by David Bitan, who serves as the company’s president. Under his leadership, the company has expanded its operations and began offering franchise opportunities in 2023. Bumble Roofing is part of the Empower Brands family, which supports its growth and development within the roofing industry.
Disclaimer
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