Pete First, vice president of franchise development for BrightStar Care, said, “The aging population in Charlotte coupled with the fact that there is an undeniable need for quality in-home care services, makes the statewide expansion an exciting development effort for BrightStar Care. No matter which BrightStar Care location you or your loved ones are near, our entire system of franchise partners are working hard every day to maintain our well-earned reputation.”, Wins More “Best of Home Care” Awards Than Any Other Brand. In its search for qualified applicants to expand the brand in North Carolina, BrightStar Care is looking for educated men and women who are self-motivated and have a high level of business acumen. 7: BrightStar Care - In Photos: The Best Franchises To Buy In 2015 Provides home care to anyone, newborns to the elderly. At BrightStar Care® we have the honor to serve families and enrich the lives of their loved ones. No. This section illustrates the average revenue, displayed by quartile, earned by BrightStar franchisees for their first agency only. BrightStar sets itself apart by offering the full continuum of home care services with FIVE revenue streams: Companion Care, Personal Care, Skilled Care, Medical Staffing and National Accounts. It’s an honor to be recognized by Home Care Pulse, and we are thrilled to celebrate this success with all of our franchisees, team members, and highly skilled and compassionate nurses and caregivers who make our clients a priority each and every day.”. A new franchisee’s results may differ from these represented performances. BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing. The company provides medical and non-medical services to clients in their homes, as well as supplemental care staff to corporate clients. On top of doing temperature checks, the franchiser has also connected different businesses to its personal protective equipment (PPE) distribution center. Both have managed to build on […] 98 BrightStar Care offices received the Employer of Choice honor, reinforcing BrightStar Care’s dedication to providing a positive environment to its care staff. The difference here is a registered nurse manages every case. See insights on BrightStar Care including office locations, competitors, revenue, financials, executives, subsidiaries and more at … 69, the company’s highest rank to date. Section V – Presentation and analysis of BrightStar Care’s financial performance representations, based on Item 19 of the company’s 2019 FDD, including information on the: 30 BrightStar Care offices earned Leader in Excellence — given to select local home care agencies that continuously rank the very highest in 15 or more quality metrics. 2018 Average Revenue for Franchisees Open 12 Months or Longer, Your email address will not be published. The combined average revenue for BrightStar Care (first locations only) that operated for all of 2019 is $1,925,681. BrightStar sets itself apart by offering the full continuum of home care services with FIVE revenue streams: Companion Care, Personal Care, Skilled Care, Medical Staffing and National Accounts. Provider of medical staffing and home care services. 7. Continues Nationwide Expansion with Acquisition of Iowa-Based HomeChoice Senior Care 1. Source: 2020 BrightStar Care FDD (*, * *) An Elite Health Care Provider Most competitors offer only the first two services. In just over a decade, we have grown to over 320 locations nationwide and cultivated a legacy of delivering A Higher Standard of Care for thousands of families in their homes. As of April 1st, … Delays were allowed in securing office locations and personnel to follow the business model in these additional agencies. BrightStar Care - Franchise. BrightStar Care was founded in 2002 by Shelly Sun and her husband J.D. Parts 1-3 include financial information only for the franchisee’s first agency. Quick Franchise Summary. BrightStar Care is a national private duty home care and medical staffing franchise with more than 300 locations. Specifically, “Quartile 1” refers to the top 25% of performing Agencies, “Quartile 2” refers to the next highest 25% of performing Agencies, “Quartile 3” refers to the next highest 25% of performing Agencies, and “Quartile 4” refers to the bottom 25% of performing Agencies. BrightStar Care provides professional, compassionate, personal care to seniors across the U.S. Each team is led by a registered nurse. 8. In some instances, franchisees operate more than one BrightStar agency. 3. March 9, 2020 by Franchise Chatter Leave a Comment in FDD Talk 2020: Service Franchises, Franchise Earnings, Senior In-Home Care Franchises. It is important to note that qualified prospects must have liquid assets of $200,000 or more. Our top quartile franchisees had a combined average revenue of $3,918,188. To buy a franchise with BrightStar Care, ... with additional information regarding franchisee first agency average revenues and gross margins. 15. Find franchise costs and request free info on BrightStar Care and hundreds of other franchises for sale on BizQuest. In 2025, it is projected that one in every five people living in North Carolina will be over the age of 65. ... with additional information regarding franchisee first agency average revenues and gross margins. Chicago-based BrightStar Care is among the organizations exploring PDGM’s potential consequences. Why Choose a BrightStar Franchise? BrightStar Care continues to meet the highest standards in the in-home care industry by providing top-notch care and support. Our top quartile franchisees had a combined average revenue of $3,918,188. Each BrightStar Care location employs a Registered Nurse Director of Nursing who tailors unique, personalized plans of care for each client and oversees a professional care team of well-qualified, experienced caregivers. Scalable business model: With uncapped revenue potential $1,681,998 Average Revenue – for franchisees 1 st locations open at least 12 months as of December 31, 2017 (*see … 316 on Entrepreneur’s 2020 Franchise 500 list. 1 in the category of companies with an entry cost of up to $150,000. BrightStar Care ranked No. BrightStar Care provides clients skilled as well as non-skilled in-home health care designed to improve their health and quality of life and ease the caregiving burden on their loved ones. We also provide training for each franchisee’s Director of Nursing, Sales Director, and Branch Manager. The independent organization FranchiseKnowHow LLC published a comparison of home care franchises in 2015. On top of doing temperature checks, the franchiser has also connected different businesses to its personal protective equipment (PPE) distribution center. Of that eight percent, almost 30 percent live alone. After Grandma Pat passed away, Sun spent time reflecting on what she was originally looking for all along – a caring company that offered 24/7 service and the full range of non-medical and medical care. The total initial investment necessary to begin operation of a BrightStar Agency is from $101,656 to $169,414. Every year, Home Care Pulse compiles the results of these surveys to identify the home care industry’s top providers and employers, and this year, 171 BrightStar Care offices earned at least one of three awards: 13. BrightStar Care has 3,623 employees across 2 locations. No. $1,681,998 Average Revenue – for franchisees 1st locations open at least 12 months as of December 31, 2017 (*see additional details in BrightStar Care 2018 FDD, Item 19, Table A.) Rampi Hijazin, owner of BrightStar Care Charlotte, added, “In Charlotte specifically, in-home care is important as the number of seniors living alone is increasing. Near the end of June 2019, Forbes Magazine named BrightStar Care the best low-investment franchise in America, in a report released earlier in the month. Most competitors offer only the first two services. Source: 2020 BrightStar Care FDD (*, * *) A Premier Home Health Care Franchise BrightStar Care professional nurses and caregivers deliver expert, compassionate and personal care 24 hours a day, 7 days a week. In addition to the clients a BrightStar Care location serves, each employs RNs, therapists, LPNs, CNAs, and HHAs as part of their care staff. FDD Talk: McAlister's Deli Franchise Review (Financial Performance Analysis, Costs, Fees, and More), FDD Talk: 1-800-Got-Junk? $355,689 Average National Account Revenue** for franchisees 1st location only opened 12+ months as of December 31, 2019 (see additional details in BrightStar Care 2020 FDD, Item 19, Table F). BrightStar Care has ranked in the top 200 of Entrepreneur’s Franchise 500 every year during the last decade. According to the U.S. Census Bureau, North Carolina ranks ninth for adults over the age of 65, with eight percent of seniors living in the greater Charlotte area. You must accept the risk of not generating these same results.” This information is published in the Item 19 of our 4/1/2020 Franchise Disclosure Document, along with additional information regarding franchisee first agency average revenues and gross margins. Are there any BrightStar Care franchise opportunities near me? BrightStar Care; Another medical clinic franchise that an investor or aspiring entrepreneur who is interested in starting a medical clinic via franchising should consider is BrightStar Care. As of the 2020 Franchise Disclosure Document, there are 313 franchised BrightStar Care locations in the USA. 9. To continue its momentum, BrightStar Care is seeking franchise partners in Charlotte, Hickory, Mooresville/Statesville, and markets across the state such as Winston-Salem, High Point, The Triangle, Fayetteville, and Jacksonville. The Forbes ranking was created using intel and statistics from FRANdata, which analyzed more than 3,300 active franchise brands and compiled data spanning 2013-2017. FIVE Multiple Revenue Streams / Not Limited to Companion and Personal Care – home care/home health care (non-medical & medical), private pay home health care, National Accounts and medical staffing. You must pay BrightStar Care $100 per each additional 1,000 people (pro rata) in the Protected Territory over 250,000. Keep up to date with the latest Global Franchise News sent straight to your inbox. Uncapped revenue potential – Robust franchise system allows franchisees to capitalize on multiple services and revenue streams. There are several reasons why BrightStar Care stands out: BrightStar Care franchisees have access to multiple revenue streams, such as home health care, companion care, skilled services, staffing, senior care, childcare, and others. The independent organization FranchiseKnowHow LLC published a comparison of home care franchises in 2015. BrightStar Care - Franchise. 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. She knew that families looking for care deserved more and the idea for BrightStar Care was born. BrightStar Care and ComForCare are franchises that focus on both medical and non-medical home senior care. BrightStar Care General Information Description. Click here to get your FREE research report! Our franchisees improve the health and quality of life for their clients while easing the caregiving burden on their loved ones. Most competitors offer only the first two services. Leaders in Excellence are in the top 5-10 percent of home care providers participating in the Home Care Pulse Satisfaction Management Program. Please click here for detailed estimates of BrightStar Care franchise costs, based on Item 7 of the company’s 2019 FDD. FIVE Multiple Revenue Streams / Not Limited to Companion and Personal Care:Senior care (non-medical & medical), private pay home health care, and medical staffing. The franchise fee is ,000. Required fields are marked *, Previous post: FDD Talk: McAlister's Deli Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Next post: FDD Talk: 1-800-Got-Junk? World-Class Franchise® Certification Requirements, https://worldclassfranchise.com/wp-content/uploads/2020/02/BrightStar-Care-1080p.mp4. In an effort to give investors who are looking to buy a franchise a glimpse into how different franchises’ health and appeal measure up, the list serves as a great starting point for research on the wide array of opportunities available within franchising. CarePatrol franchises offer live in-person training sessions 9 times a year. Homewatch CareGivers The initial investment to get you set up with a Homewatch CareGivers franchise is ,000. Section II – Estimated Costs. BrightStar Care offers in-house financing to cover the accounts receivable, and the company has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable and payroll. Although it is currently far more common for a younger family member to take care of senior family members, rather than a nursing home or a home health care services, as the population ages it will be far more difficult and the burden will be more onerous on those younger family members. These home care agencies have provided quality care in nearly every satisfaction category measured by Home Care Pulse. BrightStar Care has won 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. Superior Training and Support . Our franchisees earn accreditation from The Joint Commission, a nationally recognized healthcare standards organization that accredits renowned facilities like the Mayo Clinic. BrightStar Care franchisees receive three weeks of initial training as well as ongoing franchise support. Visit brightstarfranchising.com/home-care/. BrightStar Care has 3,623 employees across 2 locations. Shelly Sun, founder and CEO of BrightStar Care, said, “We pride ourselves at BrightStar Care for delivering unparalleled care to all of our clients, along with providing a positive environment for all employees to continue pursuing their passions and career goals. With a retention rate over 60% stronger than the national home care 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. Senior Helpers and BrightStar Care have each launched real estate-based business lines over the past few years. Dan Price, a Leesburg resident, recently purchased the franchise, located at 21001 Sycolin Road Suite 300B in Ashburn. From hiring and training to continuing education and beyond, BrightStar Care ensures it has the best caregivers in the industry, ready to deliver care and support to clients. There is no assurance that you will do as well and you must accept that risk. Brightstar Care's annual revenues are $1-$10 million (see exact revenue data) and has 10-100 employees. She began franchising the company just three years later. Why Choose a BrightStar Franchise? In mid-December 2019, BrightStar Care announced plans to add 15 franchise territories throughout North Carolina, and is seeking qualified franchise partners to operate in each market. Our top quartile franchisees had a combined average revenue of $3,918,188. BrightStar Care has won 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. *2019 average unit revenue for all first franchise locations that were open 12+ months as of 12/31/2019, per our 4/1/2020 FDD – Item 19. You can too while enjoying 5 revenue streams providing multiple growth opportunities. Shelly Sun was already a franchisee for two hotel chains when she started BrightStar Care in 2002. Entrepreneur’s Franchise 500. The agency has caregivers available 24 hours, seven days a week. What makes BrightStar Care different from other home health franchises? Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Need help? Quick Franchise Summary. The average revenue model for the top franchises was ,918,188 in 2019. BrightStar Care offers both medical and non-medical private duty home health care services, as well as medical staffing. At the end of January 2019, BrightStar Care announced that it had earned more “Best of Home Care Awards” from Home Care Pulse, a satisfaction research and quality assurance firm for the home care industry, than any other provider for the second consecutive year. $355,689 Average National Account Revenue** for franchisees 1st location only opened 12+ months as of December 31, 2019(see additional details in BrightStar Care 2020 FDD, Item 19, Table F). 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. BrightStar Care franchisees offer both medical and nonmedical home care services, as well as medical staffing services. We are looking for people who have strong leadership/ management/marketing/sales backgrounds. BrightStar Care ranked No. As the aging population continues to relocate to North Carolina, the demand for the services we provide increases along with it.”. Based on 2020 FDD data, BrightStar Care has franchise locations in 36 states. Shelly Sun, co-founder and CEO of BrightStar Care, said, “BrightStar Care is honored to receive this prestigious ranking from Forbes magazine. This helps franchisees: Recruit new staff Attract national accounts Earn local referrals from medical professionals Win families’ trust. $346,840 Average National Account Revenue** for franchisees 1st location only opened 12+ months as of December 31, 2018 (see additional details in BrightStar Care 2019 FDD, Item 19, Table E). FIVE Multiple Revenue Streams / Not Limited to Companion and Personal Care:Senior care (non-medical & medical), private pay home health care, and medical staffing. Named Best Low-Investment Franchise in America by Forbes. Quick Franchise Summary. Researchers narrowed the selection to 60 brands that demonstrated satisfactory longevity, activity, and scale. For purposes of this financial performance representation, “Quartile” refers to the relative performance of the BrightStar Agencies. CarePatrol. BrightStar Care BrightStar Care franchises offer multiple revenue streams. Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees Sun in Gurnee, Illinois. 7: BrightStar Care - In Photos: The Best Franchises To Buy In 2015 Provides home care to anyone, newborns to the elderly. 316 on Entrepreneur’s 2020 Franchise 500 list. When it comes to brand awareness within the healthcare sector, few names can compare with BrightStar Care. 4. 14. Reminder: Your username and password are case-sensitive. Copyright © 2019 World-Class Franchise, All rights reserved. We are the only home care agency to achieve this distinction. Homewatch CareGivers. Initial Franchise Fee: $50,000 Total Investment: $101,656 to $169,414 Working Capital: $28,559 to $53,803 Royalty Fee: 6.5% No medical or health care background required! Information only for first agencies is presented in certain sections of BrightStar’s Item 19 because during the economic downturn of 2008 through 2012, many franchisees were unable to secure the capital needed to follow the full business model in their additional agencies. 12. Your email address will not be published. This recognition assures that the agency is trustworthy and has proven its ability to provide outstanding in-home care services. There are … Each independently owned and operated BrightStar Care location is required to pursue Joint Commission accreditation, a point that reflects its deep health care understanding. Not only do you get the benefit of following the BrightStar franchise system, we also will train you on it. 177, which happens to be the lowest rank BrighStar has received in … Over 70% of our owners have no healthcare background. BrightStar Care has a franchise fee of up to $50,000, with a total initial investment range of $101,656 to $169,414. Illinois-based BrightStar Care — another home care franchise giant with more than 340 locations in the U.S. — has taken similar steps to help businesses safely reopen. In this FDD Talk post, you’ll learn the following: 1. Our franchisees improve the health and quality of life for their clients while easing the caregiving burden on their loved ones. The market demographics and aging population matched with BrightStar Care’s business model make it a prime market for expansion. Learn more about the Franchise Research Institute and how it supports the World-Class Franchise cause. 16. Most competitors offer only the first two services. 10. BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing. Franchisees also have the support of a Start Coach, an ongoing Field Support Coach, BrightStar’s corporate staff, and fellow franchisees. 16. A history of unrivaled care: we speak with Shelly Sun, founder and CEO of BrightStar Care, about the story of this personable brand. You will pay BrightStar Care an Initial Franchise Fee of $50,000 for … National Accounts – BrightStar has established large national and regional accounts that our franchisees can benefit from. While many senior care providers are currently trying to work themselves into the home, two of the largest in-home care franchise companies have found a way to work themselves out of it. Sign up here. 11. Why Should I Buy a BrightStar Franchise? This BrightStar Care franchise report includes: Details about startup costs; A look at driving growth factors in the home health care industry; Details about our history and how we set ourselves apart from other brands ; Profiles of our executive team; We encourage you to share this BrightStar Care franchise report with your family, friends and potential business partners. *Initial Investment range as stated in Item 7 of our 4/1/2020 FDD. Finally, FRANdata ranked the franchises best to worst using criteria such as system sustainability, system demand, value for investment, franchisor support, and stability. Email franchisechatterblog@gmail.com. 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. BrightStar Care provides clients skilled as well as non-skilled in-home care designed to improve their health and quality of life and ease the caregiving burden on their loved ones. 2. Find franchise costs and request free info on BrightStar Care and hundreds of other franchises for sale on BizQuest. Where appropriate, BrightStar worked with franchisees to downsize to one agency if they lacked the access to capital required to develop their additional units. Our goal is to make care as simple and comfortable as possible, and the way to do that is through in-home, personalized care plans. Source: 2020 BrightStar Care FDD (*, * *) SBA Small Business Lending This offering is made by prospectus only. From respite care to even the most basic, peer-level companion care, adult and senior assistance, our franchisees compassionate caregivers go above and beyond to make more possible the lives of those in our care. Personal Care We are ready to assist with any personal care needs — bathing, grooming, eating, and more. Over the next decade, BrightStar Care continued to grow around the United States. Multiple Revenue Opportunities. At the time of the announcement, BrightStar Care had 10 territories open and operating throughout the state, including six in the Charlotte area. BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing. Prospective franchisees must have the ability to manage and lead a team but are not required to have a healthcare background. Each month, Home Care Pulse conducts live phone interviews with BrightStar Care clients and caregivers to gather unbiased feedback. The BrightStar Care Leesburg franchise is under new ownership. Accreditation, which is considered the highest standard for health care organizations, and earned by many hospitals, doctors’ offices and nursing homes. Scalable business model – with uncapped revenue potential. Multiple Revenue Opportunities. Following the success of the first BrightStar Care location, Sun decided to start franchising the concept in 2006. 129 BrightStar Care offices earned the Provider of Choice award by providing best-in-class quality care to clients. You will pay BrightStar Care an Initial Franchise Fee of $50,000 for the first 200,000 to 250,000 in population in your Protected Territory with a minimum of 15,000 in population 65 years of age or older. The Joint Commission has named BrightStar Care an “Enterprise Champion for Quality” for seven consecutive years thanks to the systems and training we have in place to help senior care franchisees and the staff deliver a Higher Standard of Care. BrightStar Care - Franchise. Joint Commission Accreditation – Our franchisees obtain J.C. BrightStar Invests Millions Into New Technology Shelly Sun was inspired to start her own senior homecare service after looking for quality, trustworthy care for “Grandma Pat” in 2001. BrightStar Care. 8. Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Section I – Background information on the BrightStar Care franchise opportunity, including relevant news updates, Section II – Estimated initial investment for a BrightStar Care franchise, based on Item 7 of the company’s 2019 FDD, Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a BrightStar Care franchise, based on Items 5 and 6 of the company’s 2019 FDD, Section IV – Number of franchised and company-owned BrightStar Care outlets at the start of the year and the end of the year for 2016, 2017, and 2018, based on Item 20 of the company’s 2019 FDD. BrightStar sets itself apart by offering the full continuum of home care services with FIVE revenue streams: Companion Care, Personal Care, Skilled Care, Medical Staffing and National Accounts. 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. The BrightStar Care franchise opportunity is one with great purpose, and we couldn’t do it without our outstanding franchise partners. BrightStar Care began as a family business in 2002 and started franchising in 2005. With that, we are eager to find local business leaders to build on this legacy and bring our first-in-class, quality home health care services to fruition in the area.”, 5. Uncapped revenue potential – Robust franchise system allows franchisees to capitalize on multiple services and revenue streams. The largest region is the South with 122 franchise … Initial Franchise Fee: $50,000. The difference here is a registered nurse manages every case. BrightStar Care - Franchise. Within the last 10 years, BrightStar has had a lot of success including providing 70 million hours of service to more than 250,000 families, reaching nearly $400 million in revenue, employing more than 100,000 nurses and caregivers, and expanding to 38 states and Canada. For 2017, BrightStar Care has earned spot No. BrightStar sets itself apart by offering the full continuum of home care services with FIVE revenue streams: Companion Care, Personal Care, Skilled Care, Medical Staffing and National Accounts. Uncapped revenue potential – Robust franchise system allows franchisees to capitalize on multiple services and revenue streams. See insights on BrightStar Care including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The combined average revenue for BrightStar Care (first locations only) that operated for all of 2019 is $1,925,681. 8. The BrightStar Care franchise system is the most robust and best senior care / home healthcare franchise because of our dedication to providing our franchisees the best training, ongoing support and tools for them to grow their franchise businesses. 6. Quick Franchise Summary. BrightStar Care was almost immediately successful and Long says that it was revenue-positive by its fourth month and generated more than $1 million in its first year. BrightStar Care ranked No. The company has continued to grow and today there are over 300 BrightStar Care facilities across the U.S. and one location in Canada with plans for more. The franchise fee is $50,000. Illinois-based BrightStar Care — another home care franchise giant with more than 340 locations in the U.S. — has taken similar steps to help businesses safely reopen.
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