When does the fiscal year end for Brightstar Care Franchising, LLC?

According to Brightstar Care's 2025 Franchise Disclosure Document, the company's fiscal year concludes on the Sunday closest to December 31st. The financial statements included in the FDD cover the fiscal years that ended on December 29, 2024, and December 31, 2023. This indicates that Brightstar Care operates on a 52-week fiscal year that may not always align precisely with the calendar year-end.

For a prospective Brightstar Care franchisee, understanding the fiscal year-end is important for financial planning and reporting. The franchisee's accounting period should align with Brightstar Care's to facilitate accurate comparisons and reporting. This alignment is particularly relevant when analyzing financial performance, preparing tax returns, and understanding royalty obligations, which are typically tied to the franchisee's gross revenue during a specific financial period.

It's worth noting that many companies, especially franchisors, adopt a fiscal year-end that simplifies accounting processes or aligns with industry-specific cycles. The specific day of the week (Sunday) may be chosen for operational convenience. Franchisees should confirm with Brightstar Care about any specific reporting deadlines or requirements related to the fiscal year-end to ensure compliance and avoid penalties.

Therefore, when reviewing the financial performance of Brightstar Care or comparing it against other franchise opportunities, a potential franchisee should consider that the reported figures are based on these specific fiscal year-end dates. This ensures an accurate interpretation of the financial data and facilitates informed decision-making.