What is the initial term length of the Christian Brothers Automotive agreement?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Agreements") in the form and on the terms and conditions then being offered by
Franchisor to prospective Franchisees similarly situated (except that the assignee
shall not be obligated to pay another Initial Franchise Fee). The terms of the New
Agreements shall expire on the date of the expiration of this Agreement and the
Initial Terms for the New Agreements will be the same as the Initial Term of this
Franchise Agreement (Ver 04-14-2025)
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, the terms of New Agreements that may arise from an assignment of the original agreement will have the same initial term as the original franchise agreement. The document refers to this as the "Initial Term".