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 $101,656 to $169,414.
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.
| Type of Expenditure | Low | High |
| Initial Franchise Fee* | $50,000 | $50,000 |
| Office Space | $3,200 | $8,400 |
| Furnishings | $1,750 | $3,500 |
| Signage | $200 | $1,000 |
| Computer & Hardware | $3,500 | $5,500 |
| Utility Deposit | $100 | $500 |
| Office Supplies | $300 | $750 |
| Printing Reproduction & Postage | $300 | $900 |
| Marketing Materials | $500 | $500 |
| Business & Required License | $200 | $8,603 |
| Financial Acumen Training | $400 | $500 |
| Local Advertising Spend | $1,500 | $1,500 |
| Recruiting Spend | $2,800 | $7,200 |
| Electronic Visit Verification | $0 | $1,000 |
| Director of Nursing | $0 | $6,192 |
| Business Insurance | $1,427 | $2,210 |
| Worker’s Comp Insurance | $430 | $2,156 |
| Travel and Living Expenses for Training | $4,990 | $10,200 |
| Legal Fees | $1,500 | $5,000 |
| Additional Funds (3 months) | $28,559 | $53,803 |
| Total | $101,656 | $169,414 |
million
The combined average revenue for BrightStar Care (first locations only) that operated for all of 2019 is $1,925,681. Our top quartile franchisees had a combined average revenue of $3,918,188.
Source: 2020 BrightStar Care FDD ( * , * * )At BrightStar Care, our experienced support team can help you find a funding solution for your business. Contact us to see if you prequalify for SBA financing.
We look forward to speaking with you! Start a conversation today by calling (872) 713-5900 or contacting us online.