When will Christian Brothers Automotive apply the veteran's discount to the franchise fee?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
CBAC is a proud participant of the International Franchise Association's Veterans Transition Franchise Initiative and has established the following "IFA VetFran Program." If you are a current or former member of the United States Armed Forces and have been or will be honorably discharged then CBAC offers you a discount of 10% of the Franchise Fee. Upon receipt of your DD Form 214 "Certificate of Release or Discharge from Active Duty," CBAC will apply the discount to the second installment of the Franchise Fee.
Source: Item 5 — INITIAL FEES (FDD pages 14–17)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, veterans who are current or former members of the United States Armed Forces and have been or will be honorably discharged are eligible for a discount on the franchise fee through the IFA VetFran Program. Christian Brothers Automotive offers a discount of 10% of the Franchise Fee to those who qualify.
The 2025 FDD specifies that the discount will be applied to the second installment of the Franchise Fee. To receive the discount, eligible veterans must provide Christian Brothers Automotive with their DD Form 214 "Certificate of Release or Discharge from Active Duty."
In practical terms, this means that a qualifying veteran will pay the initial $85,000 down payment, and the 10% discount will be subtracted from the second franchise fee installment of $50,000. This reduces the second payment and provides a financial benefit to veterans investing in a Christian Brothers Automotive franchise.