How many Brightstar Care franchises were transferred in Illinois during 2024?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| IL | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 4 |
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 4 franchise transfers in Illinois during 2024. This information is based on the table summarizing transfers of outlets from franchisees to new owners.
This data point is relevant for prospective franchisees as it provides insight into the resale activity within the Brightstar Care system. A higher number of transfers could indicate a more liquid market for existing franchises, while a lower number might suggest franchisees are holding onto their businesses for longer periods.
It's important to note that this number reflects only transfers to new owners and does not include resales back to Brightstar Care itself. Reviewing transfer numbers over multiple years, as provided in the table, can give a more comprehensive understanding of franchise resale trends within specific states.