How many Brightstar Care outlets opened in Minnesota during 2024?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | TN | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | TX | 2022 | 4 | | | 2023 | 3 | | | 2024 | 2 | | VA | 2022 | 0 | | | 2023 | 2 | | | 2024 | 0 | | TOTAL | 2022 | 15 | | | 2023 | 29 | | | 2024 | 19 | Table No. 3
Status of Franchise Outlets For Years 2022, 2023, and 2024
| 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.
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 3 Brightstar Care outlets opened in Minnesota during 2024. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and closed for each state over the past three years. This information is crucial for potential franchisees to understand the growth and stability of the Brightstar Care franchise system in specific geographic areas.
Specifically, the table shows that in Minnesota, Brightstar Care had 8 outlets at the start of 2024. With the addition of 3 new outlets during the year, the total number of Brightstar Care outlets in Minnesota reached 11 by the end of 2024. There were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceased operations during the year.
Analyzing these trends helps prospective franchisees assess the market potential and competitive landscape in Minnesota. It also provides insight into Brightstar Care's expansion strategy and success rate in the state. Reviewing the data for other states can offer a comparative perspective, highlighting areas with higher or lower growth rates, which may influence a franchisee's decision on where to establish their Brightstar Care business.