How many Brightstar Care outlets opened in Missouri during 2023?
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 2 Brightstar Care outlets opened in Missouri during 2023. The table in Item 20 provides a detailed overview of outlet openings, terminations, and other changes across various states 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 Missouri, Brightstar Care started 2023 with 7 outlets and ended the year with 9, indicating a net growth of 2 units. This suggests a positive expansion trend for Brightstar Care in Missouri during that period. A prospective franchisee might want to investigate further to understand the reasons behind this growth, such as market demand or successful business strategies implemented by existing franchisees.
Understanding these trends can help a potential franchisee assess the market opportunities and competitive landscape in Missouri. It's also important to note that while the table provides a snapshot of outlet activity, it doesn't offer insights into the financial performance or operational challenges of individual Brightstar Care locations. Therefore, further due diligence, including speaking with current franchisees and reviewing market research, is essential before making an investment decision.