The Process for Awarding a BrightStar Care® Franchise
- Explore the Opportunity We will promptly acknowledge your inquiry and reach out to set up a convenient time for a phone conversation. ...
- Get To Know Each Other ...
- Is BrightStar Care the Right Fit? ...
- Review the Franchise Disclosure Document ...
- Speak with Our Franchisees ...
- Attend Discovery Day ...
- Franchise Agreement ...
- Get Ready to Open ...
How much does Brightstar Care make in 2020?
What is Brightstar Care?
What is Brightstar Senior Living?
Does Brightstar Care require a nurse?
How much is a BrightStar Care franchise?
How much do BrightStar Care home health franchises cost? Based on the FDD, the initial investment for a BrightStar Care location can be anywhere between $111,008 to $191,108, depending on variables such as real estate and labor costs in your market. Click here to view our investment page.
How much does a BrightStar franchise owner make?
In 2021, for our franchisees' first BrightStar Care locations only, the combined average revenue was $2,213,799*, while the combined average revenue for the top quartile of our franchisees' first locations was $4,488,397**.
How many BrightStar franchises are there?
Now with over 300 independently owned and operated locations nationwide, BrightStar Care nurses, therapists, CNAs, and caregivers deliver professional and compassionate care in the comfort and familiarity of home.
How much is it to start a franchise?
Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.
Is BrightStar a good company to work for?
72% of employees would recommend working at BrightStar Care to a friend and 62% have a positive outlook for the business.
Who is the CEO of BrightStar Care?
CEO Shelly SunWith a background in accounting rather than home care, BrightStar Care founder and CEO Shelly Sun has embodied changemaking from the inception of her company, which today is a franchiser of in-home care services spanning more than 340 locations in the U.S. with several lines of business.
Is BrightStar a franchise?
BrightStar Care is a home healthcare franchise dedicated to providing both medical and non-medical assistance for families and individuals in need. With over 15 years of incomparable success, we are providing the full continuum of care in an industry that continues to grow due to the increasing senior population.
How many locations does BrightStar Care have?
329 BrightStar Care locationsLocations are found in thirty-eight states and Canada. As of 2016 there were about 300 franchise locations. As of 2017, the company employed 100,000 nurses and caregivers. In 2018, there were 329 BrightStar Care locations.
What franchise makes the most money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
What is the best and cheapest franchise to open?
What are the cheapest franchises to buy?Cruise Planners. Franchise fee: $10,995. ... Jazzercise. Franchise fee: $1,250. ... Help-U-Sell Real Estate. Franchise fee: $15,000. ... United Country Real Estate. Franchise fee: $8,000 to $20,000. ... Stratus Building Solutions. ... Anago Cleaning Systems. ... JAN-PRO. ... Dream Vacations.
How do I start franchising?
Steps to Start a FranchiseStep 1: Research your options. ... Step 2: Select a franchise that aligns with your business goals. ... Step 3: Create an LLC or a corporation. ... Step 4: Arrange financing. ... Step 5: Talk to the franchisors and franchisees. ... Step 6: Talk to members of your community. ... Step 7: Create a business plan.More items...•
What made BrightStar successful?
BrightStar Care defined success by three factors which we used to drive strategic decisions: Percentage of franchise locations who hit monthly lead goals. The number of leads driven system-wide. System-wide CPL figures.
Is Shelly Sun still married?
Family: Married to J.D. Sun, BrightStar co-founder. They have twin sons.
How long has BrightStar been in business?
Founded BrightStar Care in 2002 and expanded through franchising in 2005. Today, the brand has grown to over 365 locations represented by 200 small businesses and reached $639M in revenue in 2021.
BrightStar Care Franchise Opportunity | FranchiseOpportunities.com
BrightStar Care - Franchise. Quick Franchise Summary. BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing.
15 Best In-Home Senior Care Franchises of 2022 (UPDATED RANKINGS)
The Top In-Home Senior Care Franchises of 2022 1. Home Instead Senior Care. Home Instead Senior Care can provide seniors with part-time or full-time live-in care, but it has to be nonmedical kinds of assistance and companionship, although hospice care is a service offered for those needing end-of-life care. This will be a theme that runs throughout this list in terms of franchised in-home ...
In-Home Care Service Agency Locations Near Me | BrightStar Care
To find a local BrightStar Care in-home care provider in your area, enter your city or zip code. Or, click on a state to view a comprehensive list of our services.
Home Instead Senior Care Review & Pricing in 2022
Home Care Services Offered Home Instead's caregivers provide home care services ranging from personal care and help with activities of daily living (ADLs), such as bathing and grooming, meal prep, light housekeeping, transportation, and companionship.. Home Instead's customized – or “person-centered” – approach means that each of their professional CAREGivers is carefully matched with ...
BrightStar Care | Home Healthcare Franchise - Home Care Business
1st earnings: *2021 average unit revenue for all first franchise locations that were open 12+ months as of 12/31/2021, per our 4/06/2022 FDD. - Item 19.
What Does a BrightStar Care Franchise Cost?
To buy a franchise with BrightStar Care, you'll need to have at least $100,000 in liquid capital. Franchisees can expect to make a total investment of $105,735 - $170,457. They also offer financing via 3rd party as well as a discount for veterans ($5000 Off Franchise Fee). *
What is BrightStar software?
Proprietary Software & Business Solution Technology-BrightStar has developed a fully integrated platform to simplify your business operation with full mobile capabilities for your team of caregivers
Is Brightstar Care recession resistant?
BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing. Our franchisees improve the health and quality of life for their clients while easing the caregiving burden on their loved ones.
What does a BrightStar Care Franchise Cost?
You can partner with the leader in the home care industry, Brightstar Care, for a total investment between $94,618-$153,263 depending on your market such as real estate and labor costs. The BrightStar business model is extremely scalable and has uncapped revenue potential.
Are You Ready to Build a Home Health Care Business You Can Feel Great About?
BrightStar Care provides clients skilled as well as non-skilled in-home health care designed to improve their health and quality of life and ease the caregiving burden on their loved ones.
Why BrightStar Franchise?
FIVE Multiple Revenue Streams / Not Limited to Companion and Personal Care – Senior care (non-medical & medical), private pay home health care, National Accounts and medical staffing.
The BrightStar Advantage
Proven System – BrightStar has a robust business model and tools to help our owners grow their businesses.
What It Takes
No medical or health care background required! Over 70% of our owners have no healthcare background. We are looking for people who have strong leadership/ management/marketing/sales backgrounds. This business is about building relationships with referral sources and delivering excellent customer experiences.
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What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
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Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How much does a BrightStar Care franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 313 franchised BrightStar Care locations in the USA.
What is Brightstar Care?
A BrightStar Care Franchisee will operate an agency providing comprehensive non-medical and medical care to home care clients within their home or residence as well as supplemental healthcare staff to institutional clients. Institutional clients include facilities like hospitals, nursing homes, and clinics.
How much does a BrightStar Senior Living franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 2 franchised BrightStar Senior Living locations in the USA.
When did they begin franchising?
They began franchising in 2015. The average Home Care franchise began franchising in 2010.
Overview
When a family member or loved one needs assistance, they need care only a senior care franchise industry leader can provide. BrightStar is one of the only home care franchises to not only assign a knowledgeable, compassionate nurse to oversee every case, but to require all locations to be Joint Commission accredited.
Our Competitive Advantage: MORE than just senior companion care
When it comes to senior care, the consumer is yearning for “peace of mind” knowing that their loved ones are in good hands. With BrightStar’s clinical expertise and dedication to providing superior care, they get that and more.
Why BrightStar Care Franchise?
The BrightStar Care franchise system is the most robust and best senior care / home healthcare franchise because of our dedication to providing our franchisees the best training, ongoing support and tools for them to grow their franchise businesses.
Multiple Revenue Opportunities
From respite care to even the most basic, peer-level companion care, adult and senior assistance, our franchisees compassionate caregivers go above and beyond to make more possible the lives of those in our care.
Superior Training and Support
Not only do you get the benefit of following the BrightStar franchise system, we also will train you on it. We want to ensure our franchisees can properly execute our business model and not worry about how to figure it out on their own.
How much does Brightstar Care make in 2020?
The combined average revenue for BrightStar Care (first locations only) that operated for all of 2020 is $2,152,771. Our top quartile franchisees had a combined average revenue of $4,436,359.
What is Brightstar Care?
BrightStar Care ® is a premier name in the health care industry, and our marketing support will ensure your business is seen.
What is Brightstar Senior Living?
BrightStar Senior Living offers beautiful, intimate living environments that combine quality care with semi-independent lifestyles. With our unique franchising approach to Assisted Living and Memory Care, BrightStar Senior Living is setting a new standard in assisted senior housing.
Does Brightstar Care require a nurse?
Unlike our competitors, BrightStar Care uses a Registered Nurse to manage every case, even though it may not be required by state licensing. As a BrightStar Care franchisee, you’ll be able to keep clients for a longer period of time, maximizing revenue potential.
