Year Brightstar Franchise Began: 2002
Franchising Since: 2005
Headquarters: Gurnee, Illinois
Estimated Number of Units: 335
BrightStar Care offers both skilled as well as non-skilled in-home care designed to make better their health and quality of life and ease the caregiving burden on their loved ones.
Their franchisees earn accreditation from The Joint Commission, a nationally recognized healthcare standards organization that accredits renowned facilities like the Mayo Clinic.
Now BrightStar Care services include adult care, elder care, childcare, and medical staffing services for individuals, families, and health care facilities.
Contents
#1. Brightstar Franchise Opportunities
Brightstar Franchise Opportunities: Brightstar Care Franchises make feel their customers very comfortable, it’s Services are over 330 locations nationwide,
Brightstar Franchises units are throughout the U.S. and in the following regions/states: Asia, Australia/New Zealand, Canada, Western Europe
Franchise locations are expanding across the country, employ over 2,500 registered nurses who play a unique role in overseeing the care for each individual client, a service that no other private duty home care provider offers.
In 2017, the company ranked No. 69 on Entrepreneur Magazine’s Franchise 500 list
Also it was included for the tenth consecutive year on Inc. Magazine’s prestigious Inc. 5000 list
#2. BrightStar Franchise Cost
How much BrightStar Franchise Cost Investment Tables:
Estimated Initial Investment | ||
Name of Fee | Low | High |
Initial Franchise Fee | $50,000 for the first 200,000 – 250,000 in population in the Protected Territory. | |
Lease Space for Agency | $3,200 | $7,600 |
Furnishings | $1,700 | $3,500 |
Computer Infrastructure Package | $3,500 | $5,500 |
Signage | $300 | $1,000 |
Utility Deposits | $100 | $500 |
Marketing Materials (brochures, business cards, etc. plus shipping and handling) | $500 | $500 |
Business Licenses and Other Required License | $200 | $8,603 |
Director of Nursing (hired in advance of opening to meet licensure requirements, as needed) | $0 | $6,192 |
Insurance (excluding workers comp) | $1,488 | $1,870 |
Worker’s Comp Insurance | $470 | $6,459 |
Employee Travel and Living Expenses Associated with Training | $4,000 | $8,000 |
Legal Fees | $1,000 | $5,000 |
Additional Operating Funds – 3 months | $26,540 | $49,583 |
ESTIMATED TOTALS | $93,048 | $154,307 |
Other Fee
Other Fees | |
Type of Fee | Amount |
Royalty Fees | (i) 5.25% of monthly Net Billings generated from non-National Accounts and (ii) 6.25% of monthly Net Billings generated from National Accounts. |
Marketing Fee | The greater of $250 per month or 3% of the prior month’s Net Billings. |
Monthly Athena Business System and Email Service Fee | Beginning on the Opening Date of the Agency, franchisees will pay the higher of $250 per month or .83% of the prior month’s Net Billings. |
Additional Training to be Provided on an As-Needed Basis | $100/day per attendee for group training programs plus travel to Gurnee, IL or regional training location. $300/day per attendee for advanced training. Also, there is On-site training on a resource available basis at a cost of $500 per day per trainer, plus room, board, and travel for each trainer. |
Annual Conference and Branch Leadership Conference, if any | Franchisees are solely responsible for all travel, room, board and salary expenses. The franchisor may charge a registration fee to cover speakers, meals, and activities up to $2,000 per person for the Annual Conference and up to $1,000 per person for the Branch Leadership Conference (charged regardless of attendance). |
Insurance (excluding workers comp) | $5,951 – $7,485 for the first year of operation. |
Worker’s Comp Insurance | $4,093 – $25,836 for the first year of operation, subject to audit based on actual payrolls incurred during the policy term. |
Transfer Fee | $15,000 (pro-rata if transfer is less than 100%). |
Renewal Fee | $5,000 |
Liquidated Damages | It depends on the circumstances. |
Indemnity and Defense | All costs including attorneys’ fees; Varies |
Cost and Attorney’s Fees | Will vary under circumstances. |
Examination/Audit of Franchisee’s Records | Depending on circumstances (including the franchisee’s cooperation), but estimated examination expense is $1,000 (including the franchisor’s reasonable accounting, legal fees, and travel expenses), late charges on any underpayment. |
After due date Fees | Highest applicable legal rate for open account business credit not to exceed 1.5% per month. |
Tax Reimbursement | Out-of-pocket cost reimbursement. |
Nationals Accounts Receivable Finance Administration Fee | $5,000 up to 50% of the National Account invoice amount. |
Cross-Territorial Policy fees | Varies, although currently, the payment may be as much as the full gross margin (less royalties) for each client. |
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#3. BrightStar Franchise for Sale
BrightStar Franchise for Sale Requirements…..
1) No medical or health care background required. Over 70% of Brightstar Care franchise owners have no healthcare background.
2) BrightStar Franchise is 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.
3) The total initial investment necessary to begin operation of a BrightStar Agency.
Support Systems
On-The-Job Training: 234 hours
Classroom Training: 104.25 hours
Additional Training: Online training
Number of Employees Required to Run: 4 – 10
Contact Details
Call for more info: (872) 713-5900
Visit for BrightStar Franchise Application Form: https://www.brightstarfranchising.com/