If Christian Brothers Automotive does not designate an opening date, what date is used?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
The "Start-Up Period" begins on the first day the Franchisee's Franchised Business is open to the public ("Opening Date") and ends twelve months from the Opening Date.
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive FDD, the "Start-Up Period" is defined as beginning on the first day the Franchisee's Franchised Business is open to the public, which is referred to as the "Opening Date." This period lasts for twelve months from the Opening Date. Therefore, the opening date is the date that Christian Brothers Automotive uses to calculate the start-up period.
This definition of the "Opening Date" is important for franchisees because it marks the beginning of the Start-Up Period, which affects the availability of support from Christian Brothers Automotive and the timeline for certain financial reviews. Specifically, a management member of Christian Brothers Automotive will be available to consult with the Principal Operator and the Initial Service Manager by phone during business hours, starting from the third week of the Start-Up Period until the end of the Start-Up Period.
Additionally, during the one-year Split Profits Review Period immediately following the Opening Date, Christian Brothers Automotive and the franchisee will review the financial condition of the franchisee at the end of each three-month period. This review determines whether any royalty payment should be made to Christian Brothers Automotive from the Split Profits. Understanding the Opening Date is therefore crucial for managing the initial operational and financial aspects of the franchise.