The 2026 Buildingstars FDD moves the Item 7 estimated initial investment range from $2,445–$53,200 to $2,445–$8,295, and the system grows from 1,193 to 1,300 outlets (+9.0%) year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $2,445 | $2,445 | unchanged |
| High end of range | $53,200 | $8,295 | −$44,905 (−84.4%) |
| Full range | $2,445–$53,200 | $2,445–$8,295 |
The 2026 filing puts the Item 7 estimated initial investment at $2,445–$8,295, against $2,445–$53,200 in the 2025 filing. The low end is unchanged and the high end moves by −$44,905 (−84.4%), narrowing the band from $50,755 to $5,850.
2025 filing: Initial investment totals are shown separately for Technician, On-Site Manager, and Corporate programs in Item 7. 2026 filing: Item 7 provides separate estimated initial investment totals for the Technician, On-Site Manager, and Corporate programs; the initial_investment field here reflects the Technician Program total range.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 1,193 | 1,300 | +107 (+9.0%) |
| Franchised outlets | 1,179 | 1,286 | +107 (+9.1%) |
| Company-owned outlets | 14 | 14 | unchanged |
| Openings during the year | 345 | 285 | −60 |
| Closures during the year | 226 | 250 | +24 |
Buildingstars reports 1,300 outlets in the 2026 FDD, against 1,193 in the 2025 filing — a change of +107 (+9.0%).
Outlet counts as each filing states them — 2025: Fiscal year ending December 31, 2024; 2026: Fiscal years ending December 31, 2025 (Systemwide; includes Buildingstars International master franchisees). Item 20 contains both ‘Our’ tables (excluding master franchisee subfranchisees) and separate systemwide tables combining the franchisor and master franchisees; the counts here use the systemwide totals for 2025.
Buildingstars included an Item 19 financial performance representation in both the 2025 and 2026 filings. The 2026 filing discloses financial performance, broken out across 3 outlet segments for 2025 (months franchisees operated during 2025; includes franchisees open and operating for any amount of time in 2025, including those that opened or ceased operations in 2025).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 10% | 10% | unchanged |
The standard royalty rate holds at 10% of Gross Sales across both filings.
2025 filing: For On-Site Manager Program, royalty is 20% of Gross Sales attributable to Specialty Work; for Corporate Program, 30% of Gross Sales attributable to Specialty Work. 2026 filing: For the On-Site Manager Program, the royalty rate is 20% (instead of 10%) on Gross Sales attributable to Specialty Work; for the Corporate Program, 30% (instead of 10%) on Gross Sales attributable to Specialty Work. Technician Program franchisees are not permitted to do Specialty Work.