What websites might Christian Brothers Automotive list the business on?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS TRANSACTION FEE AGREEMENT (this "Agreement") is made and entered into as of (the "Effective Date"), by and among (hereinafter "you" or "Franchisee") and Christian Brothers Automotive Corporation, a Texas corporation (hereinafter "we," "us," or "CBAC"). |
|---|
| INTRODUCTION |
| WHEREAS, we and you are parties to that certain "Franchise Agreement" dated on or |
| about ("Franchise Agreement"), pursuant to which you were granted the |
| license to develop and operate a Christian Brothers Automotive business (the "Business") located |
| at; |
| WHEREAS, you have developed and are now operating such Business; and |
| WHEREAS, you wish to sell the Business to a CBAC-approved buyer, and engage us to |
| assist in locating a potential buyer. |
| AGREEMENT |
| NOW THEREFORE, in consideration of the foregoing and other good and valuable |
| consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as |
| follows: |
| 1. |
| CBAC Sales Assistance. In return for the Transaction Fee (as defined below) we |
| agree to use commercially reasonable efforts to locate and/or assist you in locating a buyer. Our |
| efforts may consist of some or all of the following, but our efforts are not necessarily limited to |
| such: |
| a. |
| List the business on our national franchise site as an available opportunity. |
| b. |
| Market the business to our existing database. |
| c. |
| Provide a Seller's Manual to provide assistance in marketing and selling your |
| business. |
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive FDD, when a franchisee wishes to sell their business, Christian Brothers Automotive may assist in locating a potential buyer. As part of this assistance, Christian Brothers Automotive may list the business on its national franchise site as an available opportunity.
In addition to listing the business on its national franchise site, Christian Brothers Automotive may also market the business to its existing database of contacts. This could include potential buyers who have previously expressed interest in owning a Christian Brothers Automotive franchise or individuals who have the financial resources and business experience to become a franchisee.
Christian Brothers Automotive also provides a Seller's Manual to franchisees to assist them in marketing and selling their business. This manual may include guidance on how to prepare a business for sale, how to market the business to potential buyers, and how to negotiate a sale agreement. However, the FDD states that Christian Brothers Automotive's efforts to assist in locating a buyer are not necessarily limited to these actions.