Frequently Asked Questions about BrightStar Care
How much does a BrightStar Care franchise cost?
The initial investment for a BrightStar Care location can be anywhere between $94,156 and $176,566, depending on variables such as real estate and labor costs in your market. Click here to see if you prequalify for financing.
What makes BrightStar Care different from other home care companies?
There are several reasons why BrightStar Care stands out:
- BrightStar Care franchisees have access to multiple revenue streams, such as home health care, companion care, skilled services, staffing, senior care, child care and others.
- BrightStar Care’s business model is extremely scalable and has uncapped revenue potential
- National Accounts – BrightStar has established large national and regional accounts that our franchisees can benefit from. These National Accounts relationships provide additional revenue opportunities for franchisees that are participating in the program.
- Joint Commission Accreditation – Our franchisees are required to obtain Joint Commission Accreditation, which is considered the highest standard for health care organizations and earned by many hospitals, doctors’ offices and nursing homes. This dedication to high standards sets us apart from our competition and provides peace of mind for our clients knowing that their loved ones are being cared for by a professional organization.
What are the minimum financial qualifications for the franchise?
Franchisees should have a net worth of at least $500,000 with access to liquid capital of $100,000. We also recommend additional capital or income to cover living expenses during the first 12 months in which your business is ramping up.
How much are royalties and advertising fees?
The royalty is 5.25% of monthly net billings generated from non-National Accounts and 6.25% of monthly net billings generated from National Accounts, both of which are subject to reduction if certain annual net billings are reached. The advertising fees are $250 per month or 3% of the previous month’s net billings, whichever is greater. Franchisees also pay a technology fee of 0.83% or $250 per month, whichever is greater.
How many employees will I need?
If an agency is operating at average volumes of $1.5 million per year, they would be employing between 50-60 employees.
How can I get a copy of the BrightStar Care Franchise Disclosure Document?
We provide our Franchise Disclosure Document to candidates who have chosen to explore the BrightStar Care opportunity. To get started, fill out the form at the bottom of this page.
Where are locations available?
Locations are available in all 50 states. For more specific details about a territory you might be interested in, please fill out the form below and let us know where you would like to operate.
What support is provided?
BrightStar Care franchisees receive four weeks of initial training as well as ongoing franchise support. We also provide training for each franchisee’s Director of Nursing, Sales Director, and Branch Manager. Franchisees also have the support of a Field Support Coach, BrightStar’s corporate staff, and fellow franchisees. We also host national conferences every year to bring together franchisees and their staffs, discuss new initiatives, and share best practices.
How do I manage staff and scheduling?
BrightStar Care has state-of-the-art-systems in the place to help you manage every aspect of your business.
How do I get started?
For more information and to get started, fill out the form here and we’ll be in touch.