What is the fiscal year end for Christian Brothers Automotive?

According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, the company's fiscal year ends on December 31. This is explicitly stated in the Independent Auditors' Report, which references the consolidated balance sheets as of December 31, 2024 and 2023. This date is important because Christian Brothers Automotive uses it for its financial reporting and auditing purposes.

Christian Brothers Automotive also uses the December 31st date to determine the average total annual revenue for the previous calendar year for franchisees. This calculation is used to determine the Maximum Annual Cost for the National Program and any applicable Regional Program marketing funds. The Maximum Annual Cost is equal to 3% of the average total annual revenue for the previous calendar year (January 1 through December 31) of all franchisees whose franchised businesses have been in operation for at least 12 months as of December 31 of the previous year.

For a prospective franchisee, understanding the fiscal year-end is crucial for interpreting the financial statements provided in the FDD and for understanding how marketing fund contributions are calculated. The franchisor is required to furnish franchisees with an unaudited report within 120 days after the end of each fiscal year, detailing the Marketing Funds' revenue and expenses for the year. This transparency helps franchisees understand how their marketing contributions are being used to promote the Christian Brothers Automotive brand.