BrightStar Healthcare

The inspiration for BrightStar Healthcare came from our own family experience. When our late Grandma Pat was suffering from cancer, we were surprised by how difficult it was to find quality professionals to help. BrightStar was created to provide families the highest level of care, dignity, and personnel attention that our Grandma Pat deserved. BrightStar is looking for people that want to help others and make a great living. Our owners hail from a variety of backgrounds. They were tired of the corporate politics, lack of opportunity, and lack of control and decided to do something about it.

The Market

BrightStar serves the rapidly growing $1.8 trillion healthcare industry. Seniors represent the largest, wealthiest, and fastest growing market segment in the U.S. By 2012, there will be over 40 million people over the age of 65. Today, over 1.4 million Americans are receiving some form of homecare. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women’s labor force participation, and increases in the divorce rate have reduced families’ ability to personally take care of older family members.

Why BrightStar?

BrightStar offers a proven business model. We have 3 company locations in addition to over 70 franchise locations across the US. See our Item 19.

We offer the most verticals. BrightStar franchisees reach more clients as we offer the full continuum of care within the home (non-medical, personal, and medical homecare) PLUS healthcare staffing to businesses. Healthcare staffing is three times more profitable than homecare. Our national accounts program is rapidly growing. 85% of our owners have business as soon as they open! Our technology is unmatched. Our web-based management system is powerful and easy to use. BrightStar franchisees to focus on sales and not the paperwork!

This is a work-at-home franchise opportunity

Background

Year Established: 2002
Year First Franchised: 2006
Franchised Units: 85
Company Owned Units: 3
Projected New Units (12 months): 42
States/Countries Registered In: All States/Canada Q1 of ‘09
Availability in Canada: Masters / Area Developer in Q1 of ‘09

Financial/Terms

Cash Investment: $100K
Total Investment: $108K - $180K
Minimum Net Worth: $500K ($400K if working spouse)
Franchise Fee: $45,000
Discounts: VetFran, Women, Minorities? Discount for VetFran
VetFran Program Participant: Yes
Royalty: 5%
Ad: $500-$1000
Average # of Employees: initially 1.5 Full time employees; field staff as needed
Passive Ownership Allowed: Yes, after 2 full years of involvement
Earnings Claims: Yes

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