|Financing:||Via 3rd party|
|VetFran Discount:||$5,000 off franchise fee|
|Industry:||Health & Fitness|
|Subsector:||Home Health Care|
|Franchise Gator Top 100 (2014, 2015, 2016, 2017, 2018); Franchise Gator Fastest Growing (2014, 2017)|
When it comes to senior care, the consumer is yearning for “peace of mind” knowing that their loved ones are in good hands. With the clinical expertise of BrightStar Care®, and dedication to providing superior care, they get that and more. BrightStar Care provides a plan of care with RN oversight for all of our clients, which is the #1 reason why families choose BrightStar. The dedication to patient-centric care by competent and compassionate caregivers is why our customers love BrightStar.
BrightStar Care®, ranked #1 Fastest-Growing Women-led Company in 2012 by Wall Street Journal, is a unique international franchise brand that can provide the full continuum of care – including companion care, personal care and skilled care** – answering the call to meet the growing demand in multiple market segments, from children to seniors.
We have received several awards recognizing our rapid growth, advanced systems technology and senior leadership, and in 2010 BrightStar Co-Founder and CEO Shelly Sun was named IFA Entrepreneur of the Year, one of the franchising industry’s highest honors. Having been featured in major national media sources, including Fox News, Entrepreneur Magazine, and The Wall Street Journal, perhaps it’s time you found out what all of the buzz is about.
**State Licensure Dependent
Senior demographics continue to grow and the desire to stay at home continues to increase. One of the continued trends in healthcare today is for hospitals to reduce costs by getting people back into their homes faster and helping them stay there longer. Consider the following*:
* 8/2012 IBIS World US Market Research Report
** 12/20/2010 Pew Research Center Publication
*** 11/2010 AARP Research & Strategic Analysis Survey
**** US Census 2010 Administration on Aging
*Of the 167 agencies opened by franchisees as their first agency that were in operation for a period of at least 12 months as of December 31, 2016, 132 of these agencies were awarded a territory with a population of less than 400,000 people. There were 10 first agencies that were not open for at least 12 months as of December 31, 2016. The average Revenue for these 132 franchise agencies open at least 12 months as of December 31, 2016 is $1,422,308 of which 49 members (37%) attained or exceeded this stated average. The median Revenue for these 132 franchised agencies open at least 12 months as of December 31, 2016 is $1,157,528.
** Total National Account Revenues includes Revenue from all franchised agencies in operation as of December 31, 2016. Revenue reflects the 2016 fiscal year.
Even though this information is historical and based on actual information, the Federal Trade Commission requires us to include the following statement: “These figures are estimates only. If you rely on these figures, there is no assurance you will have the same experience. You must accept the risk of not generating these same results.” This information is published in the Item 19 of our 2017 Franchise Disclosure Document, along with additional information regarding franchisee average revenues, gross margins, and break even.
No medical or health care background required! We are looking for people who have strong leadership/ management/marketing/sales backgrounds and a proven record of success. This business is about building relationships with referral sources and delivering excellent customer experiences.
The total initial investment necessary to begin operation of a BrightStar Agency is from $94,156 to $176,566. *Initial Investment range as stated in the 2017 FDD.
Speaker: The Franchise Research Institute was created to promote excellence in franchising. They have no affiliation with any franchise company, group or association.
Jeff Johnson: Hi. Im Jeff Johnson. With over 25 years in franchising as a franchisee, area developer, and founder of the Franchise Research Institute, I know this for certain. Every high-quality franchise opportunity has one thing in common, high franchisee satisfaction.
The institute listens to existing franchisees to identify and certify the very best franchise opportunities available. The more effective a franchisor is at sharing their expertise, the greater the chances are that individual franchisees will be successful.
We were able to certify BrightStar Healthcare as a world-class franchise based on the ratings from their franchisees. Let me tell you why Im excited about their franchise opportunity.
In July of 2009, we completed confidential surveys with nearly 90% of BrightStars franchisees. Here are just a few of the questions that we asked and how their franchisees responded.
We asked, How would you rate the overall communication between home office personnel and franchisees? A 95% gave a positive response. We believe that quality communication is crucial in franchising and critical to the success of a franchisee.
When we asked, My franchisor and I are committed to a positive, long-term relationship. They received an 89% positive response. Its great when a franchisee feels that both they and the franchisor are committed to a positive, long-term relationship.
When we asked this, My franchisor encourages high standards of quality performance throughout the organization. They received a 95% positive response. High-quality franchising requires high standards throughout the system. These standards start with top senior management.
Now, I can go on and on. But we certified BrightStar Healthcare as a world-class franchise opportunity, not because we think they have a great franchise but because their franchisees have rated them highly in confidential surveys for three consecutive years.
Our goal is to help make your franchise experience enjoyable and profitable. Thank you.
BrightStar Care is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, Wyoming.
Interested parties should have at least $100,000 in liquid capital to invest.Request Information