How does Christian Brothers Automotive define 'Total Owner Benefit'?

According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, 'Total Owner Benefit' is defined as the sum of the owner's salary in addition to any cash distribution or bonus the owner receives during the calendar year. This is a key metric used by Christian Brothers Automotive to represent the financial returns to the owner-operator of a franchise location.

However, the definition of Total Owner Benefit specifically excludes certain benefits that an owner might receive. The definition does not include the owner's benefit of major medical health insurance premiums, nor does it include the owner's benefit of principle reduction on any commercial debt service the owner has from the original business loan. This means that while an owner's salary, cash distributions, and bonuses are counted, other significant financial benefits are not factored into this specific metric.

Prospective franchisees should be aware of this definition when reviewing the financial performance representations provided in Item 19 of the FDD. While Total Owner Benefit can provide a useful snapshot of potential earnings, it does not represent the owner's total compensation or financial gain from the business, as it omits potentially valuable benefits like health insurance and debt reduction. Franchisees should consider these additional benefits when evaluating the overall financial attractiveness of a Christian Brothers Automotive franchise.