Why are certain Brightstar Care agencies excluded from the financial performance representation schedule?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
Notes
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- The schedule excludes two New York agencies in transition of change of ownership pending state licensure.
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- The schedule excludes revenue from the Care Homes pilot program.
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- All 390 agencies shown in the schedule above were franchised at the beginning of 2022, 2023, or 2024. During 2022, seventeen of these agencies were acquired or taken over by our affiliates. During 2023, nine of these agencies were acquired or taken over by our affiliates. During 2024, four of these agencies were acquired or taken over by our affiliates. The 2024 acquisition dates for these were: February 19 and April 8. Post-acquisition performance did not materially change compared to pre-acquisition performance.
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- This schedule excludes three affiliate-owned agencies that have been affiliate-owned since their inception.
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- The schedule excludes thirteen agencies that primarily do skilled care through an outside system.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 92–107)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, several categories of agencies are excluded from the financial performance representation schedules. These exclusions are noted to provide a more standardized and relevant financial overview for prospective franchisees.
Specifically, the financial performance representation excludes two New York agencies that are in the process of changing ownership and are awaiting state licensure. Additionally, revenue from the Care Homes pilot program is excluded from the financial performance data. The financial schedules also exclude three affiliate-owned agencies that have been affiliate-owned since their inception, ensuring that the data primarily reflects franchised operations. Furthermore, thirteen agencies that primarily focus on skilled care through an outside system are excluded from the financial performance representation.
These exclusions are important for prospective franchisees to consider because they provide a clearer picture of the financial performance of typical Brightstar Care franchised agencies. By excluding agencies with unique circumstances, such as those in transition, affiliate-owned since inception, or those heavily involved in skilled care through outside systems, the financial performance representations aim to offer a more accurate and relevant overview of what a new franchisee might expect from a standard Brightstar Care franchise.