As of what date are the consolidated balance sheets included in the Christian Brothers Automotive financial statements?

According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the consolidated balance sheets included in the financial statements are as of December 31, 2024 and 2023. The independent auditors' report confirms that they audited these balance sheets along with the related consolidated statements of income, changes in shareholders' equity, and cash flows for the years then ended. This provides a snapshot of the company's financial position at the close of those two years.

For a prospective franchisee, this means they can review Christian Brothers Automotive's assets, liabilities, and equity as of those specific dates to assess the company's financial health and stability. Analyzing these balance sheets, in conjunction with the other financial statements, can help potential franchisees understand the company's financial performance and trends over the past two years. It's important to note that these are historical snapshots and may not be indicative of future performance.

It is standard practice for franchisors to include audited financial statements in their FDD, typically covering the past three years. Christian Brothers Automotive provides two years of balance sheets, which is slightly less than the norm. A potential franchisee should carefully review these statements and consider seeking professional financial advice to fully understand the implications for their investment.