What was the net lease cost for Brightstar Care in the fiscal year ended 2024?

According to Brightstar Care's 2025 Franchise Disclosure Document, the net lease cost for the fiscal year ended 2024 was $538,998. This figure represents the total cost associated with leasing property, which includes fixed rent expenses and short-term lease costs. Understanding the net lease cost is crucial for prospective franchisees as it directly impacts their operating expenses and overall profitability.

Breaking down the components of the net lease cost, Brightstar Care's fixed rent expense was $194,658, while short-term lease costs amounted to $344,340 in 2024. These figures provide insight into the different types of lease-related expenses that Brightstar Care incurs. Franchisees should carefully evaluate these costs in relation to their projected revenues to ensure financial viability.

It's also worth noting the comparison to the previous year, 2023, where the net lease cost was $752,152. This indicates a decrease in net lease costs from 2023 to 2024. Fixed rent expense decreased from $482,686 in 2023 to $194,658 in 2024, while short-term lease costs increased from $269,466 in 2023 to $344,340 in 2024. Such fluctuations highlight the importance of analyzing trends and understanding the factors that influence lease expenses. Prospective franchisees should inquire about the reasons for these changes and how they might affect future lease costs.

For a prospective Brightstar Care franchisee, understanding these costs is essential for accurate financial planning and forecasting. It allows them to assess the affordability of potential locations and negotiate lease terms effectively. Additionally, monitoring these costs over time can help franchisees identify opportunities to optimize their lease arrangements and improve their bottom line.