What is the total revenue for Christian Brothers Automotive for the year ending December 31, 2024?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
d 2023
| 2024 | 2023 | |
|---|---|---|
| Revenues | $ 151,946,558 | $ 137,19 |
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the company's total revenue for the year 2024 was $151,946,558. This figure represents the consolidated revenue for Christian Brothers Automotive Corporation. The FDD also provides the revenue for the previous year, 2023, which was $137,196,643.
Understanding the revenue of the franchisor is crucial for potential franchisees as it provides insight into the overall financial health and stability of the company. A growing revenue trend, as seen from 2023 to 2024, may indicate a strong and expanding brand, which can be a positive indicator for prospective franchisees. This information helps in assessing the franchisor's ability to support its franchisees and invest in the brand's future growth.
In addition to revenue, the FDD includes other financial details such as operating costs and expenses, income from operations, and net income. These figures offer a more comprehensive view of Christian Brothers Automotive's financial performance. Reviewing these details alongside the revenue figures can provide a more informed understanding of the company's profitability and efficiency. Prospective franchisees should analyze these financial statements carefully to evaluate the potential risks and rewards associated with investing in a Christian Brothers Automotive franchise.