BrightStar vs Mastercare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BrightStar vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$101,656 - $169,414 | $117,800 - $215,450 |
Franchise Fee |
$50,000 | $28,000 - $37,000 |
Royalty Fee |
5.25% | - |
Advertising Fee |
3% | - |
Year Founded |
2002 | 2012 |
Year Franchised |
2005 | 0 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
Training |
Classroom Training: 100+ hours
Additional Training: Online training |
Initial pre-start up training
In house administrative training
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform |
Accounting
Home Care Management
Software systems
Troubleshooting
|
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
Design support
Events e.g. Senior Fairs
Mass mailing support
Print support
Media: Broadcast and Internet
Start up and ongoing marketing support
|
Operations |
Number of Employees Required to Run: 4 - 10 | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About BrightStar
Shelly Sun and husband J.D. Sun were already franchisees for two hotel
chains when they started BrightStar Care in 2002. They began franchising
the company just three years later.
BrightStar Care franchisees offer both medical and nonmedical home care
services, as well as medical staffing.
A Small Investment That Can Pay Big Dividends.
This is a low overhead, quick to break-even, fast ramp-up, repeat customer business. We know how important it is to hit the ground running and we will help your home health care franchise do just that. We will show you how to start acquiring clients and staff before you open your doors!
Fill out our online form to receive our FDD to find out for yourself how well we did for our first three years.
Choosing to start a health care franchise is a big decision. Our business model is proven and will help you mitigate the risks with starting a new business.
The total investment necessary to begin operation of a 36-unit
BrightStar Senior Living Community franchise is $1,090,500 to
$1,729,500 (if you intend to lease the Community’s land and building)
and $7,943,000 to $9,808,500 (if you intend to buy the Community’s land
and building, depending on the state). This includes $53,390 that must
be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a 41 to 44-unit
BrightStar Senior Living Community franchise is $1,161,308 to
$1,685,480 (if you intend to lease the Community’s land and building)
and $10,153,300 to $11,588,500 (if you intend to buy the Community’s
land and building, depending on the state). This includes $53,390 that
must be paid to the franchisor or affiliate.
VetFran Incentive: $5,000 discount off the franchise fee.
Franchisor is seeking new franchise units throughout the U.S. and in Asia, Australia/New Zealand,
Canada and Western Europe
In Franchise Business Reviews Top 200.
#20 in Gator's Top franchises.
#316 in Franchise 500 for 2020.
About Mastercare
.Mastercare intends
for our franchisees to get the biggest bang for their buck in regards to
the territory you are purchasing.
You are opening your franchise to not
only help people in your local community, but also to ensure you are
able to make a living.
Mastercare
Franchise territories will service a population of approximately 75,000
to 250,000 people. For the initial Franchise Fee of $37,000 *,
your territory is designed by zip codes, political or geographical
boundaries. Your territory is PROTECTED, meaning that Mastercare will
not sell another franchise within that defined territory throughout the
life of your contract. We will help you evaluate the demographics of the
area you are considering for your territory based on the geographic
location, population, and isolation, etc.
Mastercare
also understands that small, rural towns need just as much Homecare
(and Healthcare) support as urban areas. Because of geographical
barriers, owning a franchise in a rural area may not allow for as large
of a client base. To encourage services in rural and underserved
populations, Mastercare offers smaller territories, populations between
10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.
Royalties under your Franchise Agreement are among the lowest in the
industry. The Mastercare franchise royalty fee structure follows a
descending scale based on gross revenues.
The franchise is not a home-based business and must be operated from a commercial office location.