What was the total amount payable to affiliated companies by Brightstar Care as of December 29, 2024?

According to Brightstar Care's 2025 Franchise Disclosure Document, the total amount payable to affiliated companies as of December 29, 2024, was $10,531,865. This figure represents the net balance of payables and receivables between Brightstar Franchising, LLC and its affiliated entities. These affiliated companies include 24-7 BrightStar Healthcare, LLC; 24-7 BrightStar Operations, LLC; BrightStar Senior Living Franchising, LLC; BrightStar CRDM, LLC; BrightStar Senior Living Development of Mason, LLC; BrightStar Arizona Operations, LLC; BrightStar Senior Living Operations Mason, LLC; BrightStar FL/AL Operations, LLC; BrightStar Spartanburg-Greenville Operations, LLC; BrightStar Tennessee Operations, LLC; and BrightStar Wisconsin Operations, LLC. Some of these affiliates had net payable balances, while others had net receivable balances, resulting in the total net amount payable.

For a prospective Brightstar Care franchisee, understanding these intercompany transactions is crucial. It provides insight into the financial relationships within the Brightstar Care network. The franchisee should be aware that Brightstar Care engages in financial transactions with its affiliates, which could potentially impact the financial stability and operations of the franchise system. It is important to note that these transactions are part of the normal course of business for Brightstar Care and its affiliates.

It is advisable for potential franchisees to seek clarification from Brightstar Care regarding the nature and purpose of these intercompany payables and receivables. Understanding the reasons behind these financial relationships can help a franchisee assess the overall financial health and stability of the Brightstar Care franchise system. Furthermore, it is recommended that prospective franchisees consult with a financial advisor to evaluate the potential implications of these intercompany transactions on their investment.