Does the Christian Brothers Automotive franchise agreement have a version number, and if so, what is it?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Agreement (Ver 04-14-2025) | |
|---|---|
| Franchisee: | |
| Franchisor: Christian Brothers Automotive Corporation | |
| Property: | E-13 |
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the franchise agreement has a version number. The Franchise Agreement version is Ver 04-14-2025, as indicated in the provided excerpt. This version number is important for franchisees as it helps to identify the specific version of the agreement they are entering into. This ensures that all parties are aligned on the terms and conditions outlined in that particular version.
The inclusion of a version number on the Christian Brothers Automotive franchise agreement is a standard practice in franchising. It allows for clear tracking of changes and updates to the agreement over time. This is particularly important in a franchise system where agreements may be updated periodically to reflect changes in the law, the market, or the franchisor's policies.
Prospective franchisees should always confirm that they have the most current version of the Franchise Agreement before signing. They should also carefully review the agreement and any amendments to fully understand their rights and obligations as a franchisee. Noting the version number helps ensure that any discussions with Christian Brothers Automotive are based on the correct and current terms.