BrightStar Senior Living – 2020 Franchise Disclosure Document (FDD)
This is the 2020 BrightStar Senior Living Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.
“The “Traditional” franchise offered in this disclosure document is to operate an assisted living and memory-care Community under the “BrightStar Senior Living®” trademark providing various services for seniors and other individuals in need, including residential assisted living, memory care, and ancillary services. (We offer “Hybrid” franchises for BrightStar Senior Living® Communities in a separate franchise disclosure document.) The total investment necessary to begin operation of a 36-unit BrightStar …”
-BrightStar Senior Living FDD, May 2020
What is in the BrightStar Senior Living 2020 Franchise Disclosure Document (FDD)?
The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.
Table of Contents - BrightStar Senior Living – 2020 Franchise Disclosure Document (FDD)
Cover Page
Table Of Contents
Disclosure Items 1-23
Item 1: The Franchisor, Its Predecessors, and Affiliates
Item 2: Business Experience
Item 3: Litigation
Item 4: Bankruptcy
Item 5: Initial Franchise Fee
Item 6: Other Fees
Item 7: Initial Investment
Item 8: Restrictions on Sources of Products and Services
Item 9: Franchisee's Obligations
Item 10: Financing
Item 11: Franchisor's Obligations
Item 12: Territory
Item 13: Trademarks
Item 14: Patents, Copyrights, and Proprietary Information
Item 15: Obligation to Participate in and the Actual Operation of the Franchise Business
Item 16: Restrictions on What the Franchisee May Sell
Item 17: Renewal, Termination, Transfer, and Dispute Resolution
Item 18: Public Figures
Item 19: Earnings Claims
Item 20: List of Outlets
Item 21: Financial Statements
Item 22: Contracts
Item 23: Receipt