Bumper Man Franchise FDD, Profits, Costs & Fees (2024)
Established in 1993 and headquartered in Addison, Texas, Bumper Man has carved a niche in the automotive repair industry. They began franchising in 2007, allowing individuals to operate their own mobile bumper repair businesses under the trusted Bumper Man name.
Unlike traditional body shops, Bumper Man offers on-site services specifically for repairing bumpers on cars, trucks, and other vehicles.
What sets Bumper Man apart is its focus on convenience and affordability. Their technicians travel directly to dealerships, body shops, or even a customer’s location to fix bumper damage quickly and efficiently. Repairs typically take less than an hour, minimizing downtime for businesses and personal inconvenience for individual car owners.
Furthermore, Bumper Man emphasizes cost-effective repairs, often presenting a more budget-friendly alternative to complete bumper replacements. This unique approach positions Bumper Man as a valuable resource for businesses and car owners seeking speedy, cost-effective solutions for bumper repair.
Initial Investment
How much does it cost to start a Bumper Man franchise? It costs on average between $73,000 – $105,000 to start a Bumper Man franchised facility.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $50,000 |
Truck with Tonneau Cover or Camper Shell | $15,000 – $40,000 |
Computer Hardware, Software | $750 – $1,500 |
Training-related Expenses | $2,000 – $4,000 |
Telephone and Mobile Phone | $75 – $300 |
Insurance | $1,700 – $3,000 |
Professional Fees; Licenses | $1,000 – $2,000 |
Additional Funds-3 months | $2,500 – $4,000 |
Total | $73,025 to $104,800 |
Bumper Man Franchise Disclosure Document
Frequently Asked Questions
How many Bumper Man locations are there?
As of the latest data, Bumper Man operates 131 franchise-owned locations across 42 states in the United States. The company does not own any corporate locations; all operations are managed by individual franchisees.
What is the total investment required to open a Bumper Man franchise?
The total investment required to open a Bumper Man franchise ranges from $73,000 to $105,000.
What are the ongoing fees for a Bumper Man franchise?
Bumper Man franchisees are required to pay a monthly royalty fee equivalent to 25% of their gross sales. This fee supports the franchisor’s ongoing services, including administrative support, training, and operational assistance.
Notably, Bumper Man does not impose a separate marketing or advertising fee on its franchisees. Instead, the franchisor aids in marketing and promotional programs and/or products, ensuring a favorable image for the franchisees
What are the financial requirements to become a Bumper Man franchisee?
To become a Bumper Man franchisee, candidates should have a minimum net worth of $100,000 and at least $50,000 in liquid capital. These financial prerequisites ensure that prospective franchisees possess the necessary resources to cover initial investments and sustain operations during the business’s early stages.
Who owns Bumper Man?
Bumper Man, Inc. was founded in 1993 by Jeff Bramblett in Dallas, Texas. As of the latest available information, Jeff Bramblett continues to serve as the company’s CEO.
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