Franchise information: (877) 689-6898

How much does it cost to start a home healthcare business?

A look at the startup costs for a BrightStar Care home health care business

The estimated startup costs for a BrightStar Care home healthcare business range from $92,371 to $174,032, depending on real estate prices and salary ranges in your area, as well as the size of the territory your wish to serve. BrightStar Care franchises have a minimum of 200,000 to 250,000 people in their territory.

To qualify for a franchise, you will need $100,000 in liquid capital and a net worth of $500,000. We also recommend additional capital or income to cover living expenses during the first 12 months in which your business is ramping up.

Click here to see if you prequalify for financing.

The chart below, from Item 7 of our 2016 Franchise Disclosure Document, outlines the startup costs for a BrightStar Care franchise.

Estimated startup costs

EXPENDITURESAMOUNTMETHOD OF PAYMENTWHEN DUEPAID TO
Initial Franchise Fee*$50,000 for the first 200,000 – 250,000 in population in your Protected Territory*As incurredUpon signing the Franchise Agreement
Leased Space for Agency$3,200 – $7,200As arranged with LessorAs arranged with LessorLessor
Furnishings$1,500 - $3,000As arranged with vendorsAs per terms of purchase
Computer Infrastructure$3,500 - $5,500As arranged with vendorsAs per terms of lease or purchase
Signage$300 - $1,000As arranged with vendorsAs per terms of purchaseApproved sign vendors
Utility Deposits$100 - $500Lump sumAs per terms of invoiceLandlord, service providers
Marketing Materials$900 plus S&HAs arranged with vendorAs per terms of invoiceApproved print vendor
Grand Opening Advertising$0 - $3,000As arranged with vendorsAs per terms of invoiceApproved vendor
Licenses$200 - $7,400State/city/county/municipal authority, as applicableAs required by applicable authorityApplicable authority
Joint Commission Accreditation Application Fee & Membership, and Initial Accreditation Visit$0 - $4,250As arranged with vendorsAs per terms of purchaseDirect to selected vendor
Consultants and/or Director of Nursing hired in advance of opening to meet licensure requirements, as needed$0 - $5,040Directly to Consultant / Director of NursingAs per terms of invoiceDirectly to Consultant / Director of Nursing
CPA to Certify Licensure Submission$0 - $1,000As arranged with vendorsAs per terms of purchaseDirect to selected vendor
Insurance (except workers comp)$1,390 - $2,316Directly to approved supplier as per supplier’s invoiceAs per terms of invoiceApproved vendor
Worker’s Comp Insurance$645 - $5,044Directly to approved supplier as per supplier invoiceAs per terms of invoiceApproved vendor
CSA Training and Certification$0 - $1,595Direct to VendorAs per terms of purchaseApproved vendor
Various Dues and Memberships$0 - $500 annually Paid within first three months in fullDirect to VendorAs per association invoiceLocal Chamber of Commerce, HCAOA, Elder Care Councils, Continuity of Care Organizations, etc
Loan Packaging Fee (SBA Loan or Non- SBA Loan)$0-$2,500Lump sumAs per terms of your loan agreementBancorp Bank (SBA Loan) Bank of America, NA (Non-SBA Loan)
Employee Travel and Living Expenses Associated with Training$3,360 - $4,260As arranged with vendorsAs per terms of purchaseAs arranged
Legal Fees$1,000 - $5,000As arranged with vendorsAs per terms of invoiceDirect to selected vendor
Additional Operating Funds: 3 months$26,276- $64,027Lump sumsAs neededVarious
Total$ 92,371 - $174,032

*$50,000 for the first 200,000 – 250,000 in population in your Protected Territory plus $200 for each additional 1,000 (or portion thereof) individuals in your Protected Territory above 250,000

More details

We provide more details about each of these fees in our Franchise Disclosure Document. If you are ready to learn more, fill out the form on this page to download a free executive report and start a conversation. We look forward to answering your questions. You can also call us at 877-689-6898.