table_specific

What was the reported total for Christian Brothers Automotive's distributions payable in 2022?

Christian_Brothers_Automotive Franchise · 2025 FDD

Answer from 2025 FDD Document

2023 2022
Noncash Investing and Financing Activities
Distributions payable $ 2,554,625 $ 3,394,350

Source: Item 23 — RECEIPTS (FDD pages 76–372)

What This Means (2025 FDD)

According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the distributions payable in 2022 totaled $3,394,350. In 2023, the distributions payable were reported as $2,554,625. Distributions payable represents the amount of profits allocated to owners or shareholders that have not yet been paid out.

For a prospective franchisee, this figure offers insight into the financial management and profit distribution practices of Christian Brothers Automotive. While franchisees do not directly receive these distributions, understanding the franchisor's financial health and how they manage profits can be reassuring. A consistent history of distributions may indicate a stable and profitable business model.

It is important to note that distributions payable can fluctuate based on the company's financial performance and investment decisions. A decrease in distributions payable, as seen from 2022 to 2023, does not necessarily indicate a negative trend, but it is a factor to consider when evaluating the overall financial health of Christian Brothers Automotive. Prospective franchisees should review these figures in the context of the company's complete financial statements and consult with a financial advisor to fully understand the implications.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.