What was the total revenue from royalties for Christian Brothers Automotive in 2023?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
lders' equity | $ 663,061,823 | $ 576,351,339 |
Consolidated Statements of Income Years Ended December 31, 2023 and 2022
| | 2023 | 2022 | |--------------------------------------
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Christian Brothers Automotive does not specifically state the total revenue from royalties for 2023. However, it does provide the total revenues for 2023, which was $137,196,643. This figure represents the overall revenue generated by Christian Brothers Automotive, but it does not break down the specific amount derived from royalty payments versus other sources of income.
For a prospective franchisee, understanding the royalty revenue is crucial for assessing the financial stability and revenue streams of Christian Brothers Automotive. Royalties typically form a significant part of a franchisor's income, as they are ongoing payments from franchisees based on a percentage of their sales. Knowing the exact royalty revenue would allow potential franchisees to better understand the franchisor's reliance on franchisee success and the potential for long-term support and investment in the franchise system.
To obtain the specific royalty revenue for 2023, a prospective franchisee should directly ask Christian Brothers Automotive for this information. This inquiry can be part of the due diligence process, where potential franchisees gather detailed financial information to make an informed decision. Understanding the composition of the franchisor's revenue, including the proportion from royalties, is essential for evaluating the franchise opportunity.
In addition to royalty revenue, the FDD includes other financial data, such as operating costs and expenses, income from operations, and net income. Reviewing these figures can provide a broader understanding of Christian Brothers Automotive's financial performance, even without the specific royalty revenue breakdown. However, it remains important to seek clarification on the royalty component to gain a complete financial picture.