BrightStar Senior Living FDD Summary
Type of Business
The “Traditional” franchise offered in this disclosure document is to operate an assisted living and memory care Facility under the “BrightStar Senior Living®” 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 is an Illinois limited liability company with their 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 Senior Living Facilities since January 2015.
Investment
The total investment necessary to begin operation of a BrightStar Senior Living® Facility franchise is $1,021,500 to $1,614,000 (if you intend to lease the Facility’s land and building) and $6,143,000 to $9,269,000 if you intend to buy the Facility’s land and building, depending on the state). This includes $53,390 that must be paid to the franchisor or affiliate.