What was the amount of intangible assets, net, for Christian Brothers Automotive as of December 31, 2023?

According to the 2025 Franchise Disclosure Document, Christian Brothers Automotive had no intangible assets as of December 31, 2023. This means that on this specific date, Christian Brothers Automotive did not have any identifiable non-monetary assets without physical substance recorded on their balance sheet. Intangible assets typically include items such as patents, trademarks, copyrights, franchise agreements, and goodwill that have value but are not physical items.

The absence of intangible assets can be interpreted in several ways. It could indicate that Christian Brothers Automotive primarily relies on tangible assets or that any intangible assets they possess do not meet the criteria for recognition on the balance sheet. It is also possible that the company amortized all intangible assets.

For a prospective franchisee, this information provides insight into the company's asset structure. While the absence of intangible assets on the balance sheet does not necessarily reflect negatively on the company, it may be worthwhile for a potential franchisee to inquire about the types of assets Christian Brothers Automotive values most and how they contribute to the overall business model and competitive advantage.