Senior Care Franchise Opportunity
Investment Costs
Our home care franchise is one of the best options available in franchising. To open a new location, you’re looking at an initial investment of $112,459 to $231,538. The typical franchisee has a minimum of $150,000 in liquid assets. Additionally, franchisees should have at least one year of living expenses in the bank or other sources of income to meet household expenses.
Initial Investment*** - Item 7 Breakdown From Our 2023 Franchise Disclosure Document
Type of Expenditure | Minimum Investment | Maximum Investment | |
Initial Franchise Fee | $50,000 | $50,000 | |
Office Space | $4,000 | $9,600 | |
Furnishings | $2,000 | $4,000 | |
Computer Infrastructure Package | $4,000 | $9,500 | |
Signage | $400 | $1,000 | |
Utility Deposit | $300 | $500 | |
Marketing | $500 | $500 | |
Office Supplies, PPE, Medical Supplies | $600 | $730 | |
Printing, Reproduction & Postage | $300 | $900 | |
Business & Required Licenses | $200 | $8,633 | |
State Licensure Assistance | $0 | $6,500 | |
Local Marketing Spend | $3,000 | $5,250 | |
Recruitment Spend | $3,495 | $6,385 | |
State Electronic Visit Verification | $0 | $2,000 | |
Director of Nursing | $0 | $6,192 | |
Business Insurance | $1,700 | $5,000 | |
Worker's Comp Insurance | $445 | $3,800 | |
Employee Travel | $4,990 | $10,200 | |
Learning Management Software | $700 | $5,200 | |
Legal Fees | $2,000 | $5,500 | |
JC Accreditation | $0 | $6,192 | |
Additional Funds (3 months) | $33,829 | $83,956 | |
TOTAL | $112,459 | $231,538 |
***Complete Investment Information is available in our Franchise Disclosure Document.
Hear From Our Franchisees
-
When my father passed away a little over four years ago, he was very fortunate in having a wonderful end of life experience, and I felt privileged to have been there. What I realized in going through those final months with him was how critical it was to have a support system, and coming from a large family I was very fortunate to have that.
- Brian & Maureen Silven, Norwood MA -
What attracted me to BrightStar was the models and systems they had in place. It was different than the other businesses I was looking at in terms of home care. There was a passion behind BrightStar, and I could see that when I met the folks at BrightStar.
- JP Merchant, Central & North Westchester County NY -
The good news about that was that six months allowed me to be very prepared, so when the doors were opened I came out flying.
- Robin Hazel, Pinellas FL