Top 100 Franchises
2014
With national healthcare needs on the rise, BrightStar provides extensive LifeCare, KidCare, and Staffing services. BrightStar is one of the few companies that serves multiple market segments, including care for adults and seniors in their homes, well and sick childcare, and a full range of medical staffing assistance. This broad range of services enables franchisees to draw from a large, established, and rapidly growing customer base. In addition to offering the full range of medical and non-medical home healthcare, BrightStar also provides medical staffing solutions to businesses and private patients, providing personnel to hospitals, nursing homes, doctors' offices, labs, and patients' own homes.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 248 | 4.64% | 2 | 100.0% | 250 | 5.04% |
| 2011 | 237 | 19.7% | 1 | 0.0% | 238 | 19.6% |
| 2010 | 198 | -- | 1 | -- | 199 | -- |
Investment Required
The fee for a BrightStar franchise is $48,000 for the first 200,000 to 250,000 in population in your territory, plus $400 for each additional 1,000 individuals in your territory above 250,000. BrightStar provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $48,000 | $48,000 |
| Leased Space for Agency | $2,000 | $6,320 |
| Furnishings | $1,500 | $3,000 |
| Computer Infrastructure Package | $3,500 | $5,500 |
| Signage | $300 | $1,000 |
| Utility Deposits | $100 | $500 |
| Business Licenses & Home Health Agency License | $200 | $7,100 |
| Joint Commission Accreditation Application Fee & Membership | $0 | $4,250 |
| Consultants and/or Director of Nursing (Hired as Needed) | $0 | $9,000 |
| CPA to Certify Licensure Submission | $0 | $1,000 |
| Insurance | $3,379 | $3,734 |
| Workers Comp Insurance | $989 | $7,121 |
| CSA Training & Certification | $0 | $1,595 |
| Various Dues and Memberships | $250 | $1,000 |
| Loan Packaging Fee | $0 | $2,500 |
| Expenses While Training | $3,360 | $4,260 |
| Legal Fees | $1,000 | $5,000 |
| Additional Fund (3 Months) | $25,800 | $54,796 |
| Total Initial Investment | $90,378 | $165,676 |
Ongoing Expenses
BrightStar franchisees pay royalty fees equal to 5% of net billings for non-national accounts and 6% of net billings for national accounts. Additional fees payable by the franchisee include advertising and marketing fees.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. Click here to download a summary of a recent independent survey of BrightStar Care's existing franchisees conducted by the Franchise Research Institute. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| Overall Communication Between Home Office Personnel and Franchisees | 96% |
|---|---|
| Ongoing Training and Support Supplied by Franchisor | 95% |
| Franchisor Encourages High Standards of Quality Performance | 95% |
What You Get: Training and Support
Training with BrightStar begins with 5 days of pre-opening training at company headquarters, followed by a five-day training boot-camp that covers every aspect of the business from how to find clients, how to answer the phones, talk to potential staff, and the Athena Business System. In addition to this training session, BrightStar has implemented a business learning management system and online training center in 2010 to deliver online learning to all franchisees and their teams to facilitate continuous learning and improvement. Franchisees have access to a centralized Support Center as well as a BrightStart Coach initially and a Regional Director of Field Support thereafter for support, information, and answers to any questions.
Territory
BrightStar grants protected territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
2013
With national healthcare needs on the rise, BrightStar provides the full range of LifeCare, KidCare, and Staffing services. BrightStar is one of the few companies that serves multiple market segments, including care for adults and seniors in their homes, well and sick childcare, and a full range of medical staffing services. This broad range of services enables franchisees to draw from a large, established, and rapidly growing customer base. In addition to offering the full range of medical and non-medical home healthcare, BrightStar also provides medical staffing solutions to businesses and private patients, providing personnel to hospitals, nursing homes, doctors' offices, labs, and patients' own homes.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2011 | 237 | 19.7% | 1 | 0.0% | 238 | 19.6% |
| 2010 | 198 | 41.43% | 1 | 0.0% | 199 | 41.13% |
| 2009 | 140 | -- | 1 | -- | 141 | -- |
Investment Required
The fee for a BrightStar franchise is $47,500 for the first 200,000 to 250,000 in population in your territory, plus $200 for each additional 1,000 individuals in your territory above 250,000. BrightStar provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| (no required investments data found) |
Ongoing Expenses
BrightStar franchisees pay royalty fees equal to 5% of net billings for non-national accounts and 6% of net billings for national accounts. Qualified Veterans receive a discount off the franchise fee. Additional fees payable by the franchisee include local and national advertising fees.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. The table below shows a brief summary of an independent survey of BrightStar Care's existing franchisees conducted by the Franchise Research Institute in 2012. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| (no franchisee satisfaction data found) |
What You Get: Training and Support
Training with BrightStar begins with a five-day team training session that covers every aspect of the business from how to find clients, how to answer the phones, talk to potential staff, and the Athena Business System. In addition to this training session, BrightStar has implemented a business learning management system and online training center in 2010 to deliver online learning to all franchisees and their teams to facilitate continuous learning and improvement. Franchisees have access to a centralized Support Center as well as a BrightStart Coach initially and a Regional Director of Field Support thereafter for support, information, and answers to any questions.
Territory
BrightStar grants protected territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2012 FDD.
2012
With national healthcare needs on the rise, BrightStar provides the full range of LifeCare, KidCare and Staffing services. BrightStar is one of the few companies that serve multiple market segments, including care for adults and seniors in their homes, well and sick childcare and a full range of medical staffing services. This broad range of services enables franchisees to draw from a large, established, and rapidly growing customer base.
In addition to offering the full range of medical and non-medical home healthcare, BrightStar also provides medical staffing solutions to businesses and private patients, providing personnel to hospitals, nursing homes, doctors' offices, labs and patients' own homes.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2010 | 198 | 41.43% | 1 | 0.0% | 199 | 41.13% |
| 2009 | 140 | 77.22% | 1 | -50.0% | 141 | 74.07% |
| 2008 | 79 | -- | 2 | -- | 81 | -- |
Investment Required
The fee for a BrightStar franchise is $47,500. BrightStar provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| (no required investments data found) |
Ongoing Expenses
BrightStar franchisees pay royalty fees equal to 5% of net billings for non-national accounts and 6% of net billings for national accounts. Reduced royalty fees are available to veterans. Additional fees payable by the franchisee include local and national advertising fees.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. The table below shows a brief summary of an independent survey of BrightStar Care's existing franchisees conducted by the Franchise Research Institute in 2011. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| (no franchisee satisfaction data found) |
What You Get: Training and Support
Training with BrightStar begins with a five-day team training session that covers every aspect of business from how to find clients, how to answer the phones, talk to potential staff, and the Athena Business System. In addition to this training session, BrightStar has implemented a business learning management system and online training center in 2010 to deliver online learning to all franchisees and their teams to facilitate continuous learning and improvement. Franchisees have access to a centralized Support Center as well as a BrightStart Coach initially and a Regional Director of Field Support thereafter for support, information, and answers to any questions.
Territory
BrightStar grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2011 FDD.
