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|Liquid Capital Required:||$200,000|
|Total Investment:||$93,048 - $154,307|
|Royalty Type:||5.25% on gross sales|
|Financing:||Via 3rd party|
|Incorporated Name:||BrightStar Senior Living Franchising, LLC|
|Home Office:||Gurnee, Illinois|
About BrightStar Care
Caring for a family member can be challenging. We know. We've been there. At BrightStar Care, we strive to deliver just the right care for our customers' loved ones so that they can be safe and healthy. We want to remain a partner our customers can turn to for support.
Values & History
We know how overwhelming the responsibility of caring for a family member can be. We once needed help caring for a loved one and we didn't know where to turn to give her the quality of care and the quality of life, she deserved. Compelled by a need to find 'A Higher Standard of Care' that was more dependable, more supportive, more complete, we founded BrightStar Care. We provide the full continuum of home care for people of all ages - from infants to seniors, as well as medical staffing services for healthcare facilities.
Market & Competition. As the population continues to age, the need for home health care industry services will continue to grow. According to the U.S. Census Bureau, the home health care industry generated revenue of $65.4 billion in 2012, the most recent year for which data is available. That's more than double the $30.4 billion figure from just 10 years earlier.
The industry's growth is being driven by two factors: the rapid increase in the number of older Americans and the pressures on the overall health care industry to meet the needs of this growing population cost-effectively.
According to the AARP, 9 out of 10 seniors want to stay in their homes for as long as they can. The census bureau projects that there will be 56 million Americans over the age of 65 by 2020, including 7 million over 85. By 2050, those numbers are expected to reach 84 million for people over 65 and 19 million for people over 85.
BrightStar Care and the home health care industry have been expanding to help fill the gaps left by institutional care and keep seniors in their own homes for as long as possible.
Purchasing a BrightStar Care Franchise
There is an initial franchise fee of $50,000 and the total initial investment necessary to begin operation of a BrightStar Agency is from $93,048 to $154,307.
As a BrightStar Care franchisee, you will have access to multiple revenue streams, including companion care, personal care, skilled care, medical staffing and national accounts. Our ability to offer our clients virtually all the services they need allows you to keep them for a long period, maximizing revenue potential. Our robust business model and tools will help our owners grow their businesses.
Ideal Candidate & Qualifications
- Leadership skills and passion for helping others is most important to us.
- No medical or health care background required.
- We are looking for people who have strong leadership/ management/marketing/sales backgrounds.
Training & Support
- Extensive training program for new owners and boot camp training for designated roles.
- Ongoing support from our field operations team providing business coaching & consulting.
- Exclusive Web-based Software & Business Solution.
- Financial Assistance.