What is the effective date of the Christian Brothers Automotive Franchise Agreement?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise Agreement (Ver 04-14-2025)
Franchisee:
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, the franchise agreement shown in the Item 23 receipts is listed as version 04-14-2025. This date appears on multiple pages associated with the franchise agreement, suggesting this is the version date of the agreement.
However, the document does not explicitly define the "effective date" of the Christian Brothers Automotive Franchise Agreement. The agreement's term length and termination conditions are discussed, but the specific date on which the agreement becomes effective is not stated. The document refers to an "Opening Date," which is the first day the franchisee's business is open to the public, and a "Start-Up Period" that begins on the Opening Date and lasts for twelve months, but these are not explicitly tied to the effective date of the agreement itself.
Therefore, a prospective franchisee should clarify with Christian Brothers Automotive when the "Effective Date" of the Franchise Agreement actually occurs. Understanding this date is crucial, as it likely triggers various obligations and timelines outlined in the agreement.