What were the total franchise fees collected by Christian Brothers Automotive in 2023?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Christian Brothers Automotive Corporation (CBAC), a Texas subchapter S corporation, is a national franchisor of automobile repair establishments located throughout the United States of America. CBAC was formed in August 1982 and had 281 and 265 independent franchises in operation at December 31, 2023 and 2022, respectively. In addition to franchising operations, CBAC engages in the business of investing in, owning and selling the real estate and facilities from which its franchise locations operate. These real estate sales are typically made to third parties, some of which are under sale-leaseback agreements.
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
I am unable to provide the total franchise fees collected by Christian Brothers Automotive in 2023, as this information is not present within the provided excerpts from the 2025 Franchise Disclosure Document. The excerpts do contain information regarding franchise operations, such as the number of franchises in operation as of December 31, 2023, which was 281. The FDD also details various fees franchisees may be subject to, such as transfer fees and transaction fees under certain conditions. However, the document does not explicitly state the total amount of franchise fees collected by Christian Brothers Automotive in 2023.
A prospective franchisee would likely want to know the total franchise fees collected by Christian Brothers Automotive to gauge the overall financial health and revenue streams of the franchisor. This information could provide insights into the franchisor's profitability and its reliance on franchise fees versus other sources of income.
To obtain this information, a prospective franchisee should consider asking Christian Brothers Automotive directly for their audited financial statements or for specific details on the total franchise fees collected in 2023. Reviewing this data would help in making an informed decision about investing in a Christian Brothers Automotive franchise.