factual

What discount does Christian Brothers Automotive offer to veterans?

Christian_Brothers_Automotive Franchise · 2025 FDD

Answer 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, the company participates in the International Franchise Association's Veterans Transition Franchise Initiative, known as IFA VetFran Program. As part of this program, Christian Brothers Automotive offers a discount to current or former members of the United States Armed Forces who have been or will be honorably discharged.

Specifically, Christian Brothers Automotive provides a discount of 10% off the Franchise Fee to qualifying veterans. To receive this discount, veterans must provide their DD Form 214 "Certificate of Release or Discharge from Active Duty." Upon receipt of this form, Christian Brothers Automotive will apply the 10% discount to the second installment of the Franchise Fee.

The Franchise Fee is $135,000, paid in two installments: $85,000 upfront and $50,000 later. The 10% discount applies to the $50,000 second installment. This means an eligible veteran would receive a $5,000 discount (10% of $50,000) on the Franchise Fee, effectively reducing the second installment to $45,000.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.