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Capital Commitments

Christian Brothers Automotive offers a full array of financial services that have been established to assist you not only during your start-up period, but also in long-term planning for future business needs. You should also consider options offered by the Small Business Administration and your local financial institutions, which may be excellent alternatives. Your CBAC personnel will work closely with you to help determine which option best suits your financial needs for the franchise.

FRANCHISEE QUALIFICATIONS
   
Net Worth

100,000 minimum, excluding personal property

Liquidity

65,000 minimum

Living Expenses

Must demonstrate coverage for first year of operation




TYPICAL FINANCING
 
$325,000

Turnkey - includes franchise fee and $30,000 working capital

-    65,000

Owner’s cash contributions (20%)

$ 260,000

Loan amount for up to 7-year term


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