- 2024 Franchise 500 Rank
-
#279 Ranked #141 last year
- Initial investment
-
$111K - $196K
- Units as of 2023
-
373 14.8% over 3 years
The Brightstar Care franchise is tailor-made to provide both non-medical and medical assistance to those in need. The in-home services franchise has recruited over 2,500 registered nurses who oversee individuals' care in the comfort of their own homes.
Shelly Sun, who was already a franchisee for two hotel chains at the time, founded BrightStar Care in 2002. Three years later, she began franchising. Soon, the brand became one of the leading providers of in-home services in the United States. There are now over 325 BrightStar Care locations in the U.S. This business fits many franchisees who are compassionate and want to be an asset to their community. BrightStar Care's in-home servicesinclude supplemental care staff to corporate clients, among other medical and non-medical private duty home care services.
Why You May Want to Start a BrightStar Care Franchise
Starting a BrightStar Care franchise might enable you to provide services for individuals who need help at home. This can save them time and energy, eliminating the need to travel and bringing the medical and nonmedical services that they need to them. The in-home services franchise best serves individuals suffering from chronic diseases, the elderly, and others that may need specialized medical care.
BrightStar Care in-home services is a notable home care brand among most households across the U.S. Investing in one may enable you to reach out to various families looking for in-home services and specialized care. This might make a significant impact on the lives of those who may feel neglected.
What Might Make BrightStar Care Franchise a Good Choice?
BrightStar Care has been ranked in Entrepreneur’s Franchise 500 many times over the past decade. This ranking is based on an evaluation in areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
With the increasing demand for in-home services, BrightStar Care could be a benefit for your community. In-home services provide delicate care to those in need.
Franchisees will need to meet the company's set liquid capital requirements to open a franchise.
A BrightStar Care franchise is typically executed by professionals who are trained and can possibly help you. In-home services are believed to be unique to the company because of its franchisees’ kind companionship to their customers. To start a BrightStar Care in-home services franchise, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees, which will include advertising, royalty, and potential renewal fees.
How Do You Start a BrightStar Care Franchise?
To venture into the BrightStar Care in-home services franchise business, you must submit a franchise inquiry form. The advantage of applying as a BrightStar Care franchisee is that you probably won't need to be a health professional to apply. It may be wise to speak with a financial planner and an attorney as you progress through the process of opening a BrightStar Care franchise. Ideally, you may also have a chance to speak with current BrightStar Care franchisees to learn their experiences.
If you have progressed through the BrightStar Care franchise process and are approved, you may sign the franchise agreement. You will likely receive unlimited support and relevant training from the BrightStar Care franchise team as you go about opening your location.
Company Overview
About BrightStar Care
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Senior Care, Miscellaneous Health Services, Staffing/Recruiting |
| Founded | 2002 |
| Parent Company | BrightStar Group Holdings Inc. |
| Leadership | Shelly Sun, Founder & CEO |
| Corporate Address |
1125 Tri-State Pkwy., #700 Gurnee, IL 60031 |
| Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
| Franchising Since | 2005 (19 years) |
|---|---|
| # of employees at HQ | 109 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 373 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a BrightStar Care franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$50,000 |
|---|---|
|
Initial Investment
|
$111,095 - $195,875 |
|
Cash Requirement
|
$100,000 - $150,000 |
|
Veteran Incentives
|
$5,000 off first-unit franchise fee |
|
Royalty Fee
|
5.25% |
|
Ad Royalty Fee
|
$500+/mo. |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | BrightStar Care has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 20-40 hours |
|---|---|
| Classroom Training | 112 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 4-10 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where BrightStar Care landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where BrightStar Care ranked on other franchise lists? Find out below.
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