BrightStar Care - Franchise
BrightStar Care has proven to be 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.
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Total Investment: | $112,459 - $231,538 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | $5,000 Off Franchise Fee |
Franchisor Details
Facts about this franchise:
Total Units: | 378 |
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Year Founded: | 2002 |
Franchising Since: | 2005 |
What Does a BrightStar Care Franchise Cost?
To buy a franchise with BrightStar Care, you'll need to have at least liquid capital of $100,000. Franchisees can expect to make a total investment of $112,459 - $231,538. They also offer financing via 3rd party as well as a discount for veterans ($5,000 Off Franchise Fee). *
With BrightStar Care you’ll separate yourself from all others in this competitive space by providing A Higher Standard of care with access to revenue opportunities uniquely available to the BrightStar Care network. The Joint Commission, a nationally recognized healthcare standards organization that accredits renowned facilities like the Mayo Clinic, has named BrightStar Care an “Enterprise Champion for Quality” for the 12th consecutive year. As the only home care company to receive such a distinction, many opportunities are available to our franchisees. In addition to providing a full continuum of award winning skilled and non-skilled in-home health care we’ve also developed National Account relationships to drive referrals to your business in areas such as:
- Commercial Insurance
- Workers Compensation
- COVID Testing including airlines, airports, manufacturing plants, offices and more
- Clinical Trials – We’re providing nurses to one of the nation’s largest vaccine trials
- Access to National Accounts and medical staffing including Military and VA
Nurses and caregivers are the difference maker in our business. BrightStar Care has more "Best of Home Care" awards than any other brand, further instilling our commitment to a high-quality, full continuum of care across our entire franchise system. With a retention rate three times the national average, we and our franchisees strive to be the employer of choice with creative ways to retain the best and the brightest members of our team.
BrightStar Care franchisees are positioned for growth. The number of seniors needing our care gets larger every day. We’re already serving nearly 12,000 families every week, employing 15,000 caregivers and 5,700 nurses across our nearly 378 locations – and these number continue to grow.
If you’re looking for a business where you can provide a service that truly makes a difference in your community, you’ve found it with BrightStar Care.
Here are some more reasons why:
- FIVE Revenue Streams/Not Limited to Companion and Personal Care-Senior care (non-medical & medical), private pay home health care, National Accounts and medical staffing
- Scalable business model-with uncapped revenue potential
- $2,379,701 Combined Average Revenue *-for franchisees 1st location
- $755,767 Average National Account Revenue* for franchisees 1st location
*This information is published in the Item 19 of our 4/03/2024 Franchise Disclosure Document along with additional information regarding franchisee first agency average revenues and gross margins. *2023 average unit revenue for all first franchise locations that were open 12 months as of 12/31/2023, per our 4/3/2024 FDD - Item 19. ** 2023 National Account average revenue generated was for first franchisee agencies open at least 12 months as of December 31, 2023 per our 4/3/2024 FDD - Item 19.A new franchisee’s results may differ from these represented performances. There is no assurance that you will do as well and you must accept that risk. This offering is made by prospectus only.
Ideal Candidate
No medical or health care background required! Over 70% of our owners have no healthcare background. This business is about building relationships with your team and referral sources to deliver A Higher Standard customer experience.
Attributes of the Ideal Candidate
- Strong management and/or marketing or sales background
- Comfortable managing multiple tasks in the ever-changing medical industry
- Ability to inspire and lead a team
- Appreciation for the nurses and caregivers on the front line providing essential services
- Most of our franchisees have had a personal experience with home care
- Possess the desire to make a difference in the lives of the families we serve every day
- Outgoing personality
- Goal & process oriented
- Ability to follow a franchise system
- Medical background is welcome but not required.
Training And Support
The BrightStar Advantage:
- Proven System with nearly 20 years in this industry
- Extensive multi-week training program for new owners and boot camp training for designated roles
- Ongoing support from our field operations team providing business coaching & consulting
- 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
- And much, much more...
Video
Awards
BrightStar Care has received the following awards and acknowledgements:
Franchise Gator Top 100 (2014-2020); Franchise Gator Fastest Growing (2014, 2017)
Availability
BrightStar Care is currently accepting inquiries from the following states:
Alabama, California, Connecticut, Delaware, Georgia, Idaho, Indiana, Kansas, Kentucky, Massachusetts, Maine, Michigan, Missouri, Montana, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
Press Releases
- 03/12/24:
BrightStar Care® Wins Prestigious Global Franchise Annual Award - 01/18/24:
BrightStar Care Ranked Among The Top Franchises In Entrepreneur Magazine's Highly Competitive Franchise 500® List - 11/29/23:
BrightStar Care® Celebrates a Year of Franchise Expansion and Industry Accolades, Paving the Way for Success in 2024 - 10/23/23:
BrightStar Care® Honored Nurses and Caregivers For Providing Unparalleled Care and its Franchisees for Their Achievements in 2023 - 07/07/23:
BrightStar Care Wins Distinguished Franchise Update Media 2023 Innovation Award
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