How many company-owned Brightstar Care outlets were reacquired from franchisees in Wisconsin during 2023?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termin- ations | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Operations- Other Reasons | Col. 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| WA | 2022 | 4 | 1 | 0 | 0 | 0 | 2 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| WI | 2022 | 12 | 2 | 0 | 0 | 0 | 0 | 14 |
| 2023 | 14 | 0 | 0 | 0 | 8 | 1 | 5 | |
| 2024 | 5 | 1 | 0 | 0 | 0 | 0 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 107–117)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, there were 8 outlets reacquired from franchisees in Wisconsin during 2023. This indicates that Brightstar Care may, at times, buy back franchises. This could be due to the franchisee's underperformance, a strategic decision by Brightstar Care to consolidate operations, or other factors.
For a prospective franchisee, this information highlights the possibility of Brightstar Care reacquiring a franchise. It is important to understand the circumstances under which Brightstar Care might reacquire a franchise and what the terms of such a reacquisition would be. This includes understanding the valuation methods used and the potential financial implications for the franchisee.
It would be prudent for potential franchisees to inquire about Brightstar Care's criteria and history regarding franchise re acquisitions. Understanding the reasons behind past re acquisitions and the processes involved can provide valuable insights into the franchisor-franchisee relationship and potential exit strategies.