What was the current portion of long-term debt for Christian Brothers Automotive?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
| Less current portion | ||
|---|---|---|
| Long-term lease liabilities | $ 382,496,000 |
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive FDD, the current portion of long-term lease liabilities is listed as $382,496,000. This figure represents the amount of long-term lease obligations that Christian Brothers Automotive is expected to pay within the next year.
For a prospective franchisee, understanding the franchisor's debt obligations can provide insights into the financial stability of the company. A high current portion of long-term debt may indicate that a significant amount of the franchisor's funds will be allocated to debt repayment in the near term, which could potentially impact the resources available for supporting franchisees.
It is important for potential franchisees to consider this information in conjunction with other financial data provided in the FDD, such as revenue, expenses, and overall profitability, to gain a comprehensive understanding of Christian Brothers Automotive's financial health. Consulting with a financial advisor is recommended to assess the implications of the franchisor's debt on the franchisee's investment.