When is the Christian Brothers Automotive renewal fee due?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee | 10% of the initial franchise fee paid for the most recently sold franchise at the time of renewal. | The Franchise Agreement may be renewed after an initial term of 15 years for 3 consecutive terms of 5 years each. You will only need to pay this fee if you renew the Franchise Agreement. |
Source: Item 6 — OTHER FEES (FDD pages 17–25)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the timing of the renewal fee payment is not explicitly stated in Item 6. However, the document does specify the amount of the renewal fee and conditions under which it is paid. The renewal fee is 10% of the initial franchise fee paid for the most recently sold franchise at the time of renewal.
The Franchise Agreement with Christian Brothers Automotive may be renewed after an initial term of 15 years for 3 consecutive terms of 5 years each. The franchisee will only need to pay this fee if they choose to renew the Franchise Agreement.
Because the 'Due Date' column is left blank in the table, a prospective franchisee should clarify with Christian Brothers Automotive when the renewal fee is due, such as whether it is due upon application for renewal, upon approval of the renewal, or at some other point in the renewal process. Understanding the payment schedule is essential for financial planning.