What were the total revenues for Brightstar Care for the fiscal year ended December 29, 2024?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
ties and Member's Equity | $ | 31,824,892 | $ 24,448,204 |
Consolidated Statements of Income
| Fiscal year ended | December 29, 2024 | December 31, 2023 |
|---|---|---|
| Revenues Royalty fees General marketing fund fees System fees Initial franchisee fees Other | $ 39,544,068 13,745,282 5,432,681 1,647,499 1,766,470 | $ 36,830,410 13,476,528 5,044,124 610,231 807,476 |
| Total Revenues | 62,136,000 | 56,7 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 117)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, the total revenues for the fiscal year ended December 29, 2024, were $62,136,000. This figure represents the sum of various revenue streams, including royalty fees, general marketing fund fees, system fees, initial franchisee fees, and other revenues. For comparison, the total revenues for the fiscal year ended December 31, 2023, were $56,768,769.
Breaking down the revenue components for the fiscal year ended December 29, 2024, Brightstar Care generated $39,544,068 from royalty fees, $13,745,282 from general marketing fund fees, $5,432,681 from system fees, $1,647,499 from initial franchisee fees, and $1,766,470 from other sources. These figures provide insight into how Brightstar Care generates income, with royalty fees constituting the largest portion of their revenue.
For a prospective franchisee, understanding the revenue composition of Brightstar Care is crucial. It highlights the importance of royalty fees as a primary revenue source for the franchisor, which are typically based on a percentage of the franchisee's gross sales. The marketing fund fees also indicate a collective investment in brand promotion, which benefits all franchisees. The initial franchisee fees contribute a smaller portion to the overall revenue, suggesting that Brightstar Care's financial model relies more on ongoing fees from its established franchise network.