What was the net change in the number of Brightstar Care franchised outlets during the year 2024?

According to Brightstar Care's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 26 locations. At the start of 2024, there were 347 franchised outlets, and by the end of the year, this number had grown to 373. This indicates a positive growth trend for the Brightstar Care franchise system.

For a prospective franchisee, this growth suggests that the Brightstar Care business model is expanding and potentially becoming more established. A growing franchise network can lead to increased brand recognition and potentially better negotiating power for franchisees with suppliers or other vendors. However, it's important to note that growth does not guarantee individual franchisee success, and other factors such as location, market conditions, and individual management skills play significant roles.

In addition to franchised locations, Brightstar Care also operates company-owned outlets. In 2024, the number of company-owned outlets increased by 4, from 31 to 35. The total number of Brightstar Care outlets, including both franchised and company-owned, increased by 30 during 2024, from 378 to 408. This overall growth picture may be encouraging for potential franchisees, as it demonstrates the franchisor's commitment to expanding the brand's presence.

It is important for potential franchisees to investigate the reasons behind the net change in outlet numbers. While a net increase is generally positive, it is crucial to understand how many outlets opened and how many closed or were terminated to get a complete picture of the franchise system's health. Talking to existing franchisees and carefully reviewing Item 20 of the FDD can provide valuable insights into these trends.