BrightStar Senior Living
Operates assisted living and memory-care communities for seniors and other individuals in need, providing residential assisted living, memory care, and ancillary services in a 24/7 community setting.
Your franchise match score
Health & Wellness
Brand highlights
- CEOShelly A. Sun
- Headquarters1125 Tri-State Parkway, Gurnee, IL, 60031
- Year founded2013
- Year started franchising2015
- IndustryHealth & Wellness
- Locations open3 (+2 last three years)
Statistics & metrics
- Investment range$7,943,000 - $9,808,500
- Franchise fee$50,000
- Royalty5% of monthly Net Billings during preceding calendar month (with Minimum Royalty Payment due beginning in 13th month of operations) (Note 1)
- Brand fundGreater of 2% of monthly Net Billings during preceding calendar month or $2,000 per month. (Note 2)
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2020-04-29
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about BrightStar Senior Living, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the BrightStar Senior Living franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a BrightStar Senior Living franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a BrightStar Senior Living franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by BrightStar Senior Living. | |
| Financial Performance Representations | Review any financial performance information BrightStar Senior Living provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 3 |
| Franchise locations | 2 |
| Corporate locations | 1 |
System growth over time
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