How many Brightstar Care franchise agreements have been signed in Illinois, but the outlet has not yet opened?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired from Franchisees | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisees | Col. 8 Outlets at End of the Year | |---|---|---|---|---|---|---|---| | Illinois | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 2 | 0 | 0 | 3 | | Iowa | 2022 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 2 | | South | 2022 | 0 | 0 | 3 | 0 | 0 | 3 | | Carolina | | | | | | | | | | 2023 | 3 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 3 | | Tennessee | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 1 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | | Wisconsin | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 8 | 0 | 0 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 8 | | Totals | 2022 | 3 | 0 | 19 | 2 | 0 | 20 | | | 2023 | 20 | 2 | 9 | 0 | 0 | 31 | | | 2024 | 31 | 0 | 4 | 0 | 0 | 35 | Table No. 5 Projected Openings as of December 31, 2024
| State | Franchise Agreements Signed But Outlet Not Opened | Projected New Franchised Outlet in the Next Fiscal Year | Projected New
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, as of December 31, 2024, there were two franchise agreements signed in Illinois for which the outlet had not yet opened. This indicates that Brightstar Care is continuing to expand its presence, with franchisees in the process of establishing their businesses.
For a prospective franchisee, this information is useful for understanding the current state of Brightstar Care's market saturation and growth in Illinois. Knowing that there are already two signed agreements for unopened locations could suggest either an opportunity to enter a growing market or potential competition in the near future.
It's also worth noting that the FDD indicates Brightstar Care projects two new franchised outlets in Illinois in the next fiscal year. This suggests that the company anticipates further expansion and market development in the state. A potential franchisee should consider these factors when evaluating the opportunity and assessing the competitive landscape.