BrightStar Care Homes FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is to operate an 8-to-12-bed assisted-living and memory care community under the “BRIGHTSTAR CARE HOMES™” trademark providing various services for seniors and other individuals in need, including residential assisted-living, memory-care, and ancillary services.
Corporate Information
BrightStar Senior Living Franchising, LLC an Illinois limited liability company with our principal offices at 1125 Tri-State Parkway, Suite 700, Gurnee, Illinois 60031. They were organized on March 28, 2013, and have offered franchises for BRIGHTSTAR CARE HOMES Communities since August 2021 and for BrightStar Senior Living Communities since January 2015. BrightStar Senior Living Communities provide the same services as BRIGHTSTAR CARE HOMES Communities but in a larger facility (anywhere from a 36 to 44-unit facility as opposed to the 8 to 12-bed BRIGHTSTAR CARE HOMES
Community). They began offering the BRIGHTSTAR CARE HOMES Community franchise opportunity in August 2021. They initially offered the franchise opportunity only to certain experienced BrightStar Care Agency program franchisees (described below) operating in certain states/venues. However, in 2022 they also began offering the BRIGHTSTAR CARE HOMES Community franchise opportunity to candidates who are not existing BrightStar Care Agency franchisees.
Investment
The total investment necessary to begin operation of a 10-to-12-bed BRIGHTSTAR CARE HOMES™ Community franchise is $1,225,916 to $1,966,720 (if you intend to buy the Community’s land and building) and $201,308 to $329,850 (if you intend to lease the Community’s land and building). This includes $50,000 to $55,000 that must be paid to the franchisor or affiliate.