What was the fixed rent expense for Brightstar Care in 2023?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fiscal year ended | 2024 | 2023 | |
|---|---|---|---|
| Operating lease cost: | |||
| Fixed rent expense | $194,658 | $482,686 | |
| Short-term lease costs | 344,340 | 269,466 | |
| Net Lease Cost | $538,998 | $752,152 |
Source: Item 23 — RECEIPTS (FDD pages 118–387)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, the fixed rent expense for the fiscal year ended in 2023 was $482,686. This figure represents the cost associated with fixed rent obligations, providing insight into the company's financial commitments related to property leases.
In addition to fixed rent, Brightstar Care also incurred short-term lease costs of $269,466 in 2023. Combining fixed rent and short-term lease costs, the net lease cost for Brightstar Care in 2023 totaled $752,152.
Prospective franchisees should consider these figures in the context of their own potential operating expenses. Understanding the historical lease costs of Brightstar Care can help franchisees better estimate their own potential expenses and assess the financial viability of their franchise.