How many territories did Brightstar Care and its affiliates acquire in 2023?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
In 2022, Brightstar and its affiliates started the process of acquiring territories that had been previously franchised. In 2024, Brightstar and its affiliates acquired a total of 4 territories, in addition to the 9 territories acquired in 2023 and the 17 territories acquired in 2022. All 4 agencies acquired during 2024 started the year as franchised agencies (2 were acquired in February 2024, and 2 were acquired in April). Table A provides 2024 performance (in Notes 1-4 and corresponding portions of Table) with and without these acquired agencies to provide a view of full system performance. Schedules B, C, D, and E include what are now these 4 BrightStar affiliate-owned agencies that were owned by franchisees during a portion of 2024; the performance of these agencies did not materially change between the date of acquisition and the end of the year.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 92–107)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, Brightstar Care and its affiliates acquired 9 territories in 2023. This information is part of the franchisor's financial performance representations.
For a prospective franchisee, this indicates that Brightstar Care is actively involved in acquiring existing franchised territories. The FDD notes that post-acquisition performance did not materially change compared to pre-acquisition performance. This could be seen as a positive sign, suggesting that the transition of ownership does not negatively impact the agency's performance.
It's important for potential franchisees to understand the circumstances under which Brightstar Care might acquire a territory. Understanding the reasons behind these acquisitions, and whether these territories are struggling or successful, could be a crucial part of the due diligence process. A prospective franchisee should inquire about the criteria Brightstar Care uses when deciding to acquire a franchise and whether there are opportunities for franchisees to sell their territories back to the company.