What monetary obligations must a Brightstar Care franchisee fulfill to be eligible for renewal?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
n our then-current form of franchise agreement for renewal franchises, which may include terms and conditions materially different from those in this Agreement, such as different fee structures and/or increased fees;
- (2) if available, execute a new lease for a minimum of one year with an option to renew for two additional one year terms for the Agency premises;
- (3) execute a general release in a form satisfactory to us of any and all claims against us, our parent, subsidiaries, and affiliates, and our and their officers, directors, attorneys, owners and employees;
- (4) complete any new training requirements not yet completed; and
- (5) at your sole expense and if necessary in our sole opinion, bring the Agency up to our then-current standards for an Agency, including installation or upgrade of computer hardware and software and the ABS.
- (b) If we choose to grant you a first five (5) year renewal franchise term as provided above, you will have the right to acquire a second and third (which will be the final) renewal franchise to continue operating the Franchised Business as a BrightStar Care Agency, the term of each of which will commence immediately upon the expiration of the immediately-preceding renewal franchise term and expire five (5) years from that date, but only if you have complied as of the end of the immediately-preceding renewal franchise term with the same conditions for a renewal franchise grant as those described in this Section 2.2 with respect to the first renewal franchise grant. Otherwise, you will have no right to acquire a second or third (which will be the final), as applicable, renewal franchise term.
You have no right to acquire a second or third renewal franchise if these conditions are not satisfied. The then-current form of franchise agreement that you will sign for the second or third renewal franchise may include terms and conditions materially different from those in the franchise agreement you sign for the immediately-preceding renewal franchise, such as different fee structures and/or increased fees.
Source: Item 23 — RECEIPTS (FDD pages 118–387)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, to be eligible for a renewal franchise term, a franchisee must satisfy all monetary obligations owed to Brightstar Care, its parent company, subsidiaries, affiliates, and designees. These obligations must be met in a timely manner throughout the term of the Franchise Agreement.
In addition to meeting monetary obligations, the franchisee must also comply with other conditions to be granted a renewal. The franchisee must comply with the same conditions for subsequent renewal franchise grants as those described in Section 2.2 of the franchise agreement. If these conditions are not satisfied, the franchisee will not have the right to acquire a second or third renewal franchise.
Furthermore, to qualify for a second or third renewal franchise term, the franchisee must meet or exceed a Five-Year Performance Standard of $3,900,000 in Net Billings during the first or second renewal franchise term, respectively. They must also maintain or exceed $15,000 of Net Billings per week during the final year of each of the first and second renewal franchise terms. The specific terms and conditions, including fee structures and amounts, in the renewal franchise agreement may differ materially from the original agreement.