How much revenue does a CARE HOMES franchise make?

According to the 2024 FDD, the average gross revenue for a CARE HOMES franchise is $656,132.33. The median revenue is $653,938.

How many CARE HOMES franchise locations are there?

As of the 2024 FDD, CARE HOMES has 5 franchise locations. The company has been franchising since 2021.

Can you get an SBA loan for a CARE HOMES franchise?

Yes, SBA loans are available for CARE HOMES franchises. Historical data shows 1 SBA 7(a) loans have been approved for CARE HOMES franchisees, with an average loan amount of $654,000. The historical default rate is 0.0%.

Is CARE HOMES a good franchise to buy?

CARE HOMES shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

CARE HOMES

BrightStar Care Homes franchises enable operators to develop and manage up to three 10-to-12-bed assisted-living and memory-care communities in residential settings, providing supervised residential assisted-living, memory-care, and ancillary services to seniors and individuals in need. Franchisees must staff qualified healthcare professionals 24/7 and comply with all relevant healthcare regulations. The business targets the growing aging population requiring assistance with daily living activities or specialized care for conditions like Alzheimer’s or dementia.

Locations

$201K–$330K

Investment

Since 2021

Franchising

HealthcareBannockburn, ILBrightStar Group Holdings, Inc.www.brightstarfranchise.comDisclaimer

Franchise Costs

Franchise Fee

$50,000

Item 5 of FDD

Initial Investment Range

$201,308 – $329,850

Low: $201,308High: $329,850

Item 7 of FDD

Royalty Rate

5.00%

of gross sales

Brand Fund

2.50%

Item 6 of FDD

Fixed Monthly Fees

$150 – $650

Item 6 of FDD

5% royalty + greater of 2.5% or $500/mo per Community ad fund + $150/mo electronic client management software (additional $10/mo per client over 10); technology/email fee of $100-$500/mo per Community if implemented

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

Median Gross Revenue

Data Based On: 3 franchised BRIGHTSTAR CARE HOMES Communities, specifically Prickly Pear, Taft, and Stephen Communities.

* Average gross revenue calculated from the latest full year revenue of 3 franchised communities: Prickly Pear (2022): $570,166, Stephen (2023): $653,938, Taft (2023): $744,293. Average = ($570166 + $653938 + $744293) / 3 = $656,132. Median gross revenue is the middle value of the sorted revenues: $653,938. Revenue top quartile and bottom quartile are not applicable for a sample size of 3 units.

Extracted Item 19 Section

How CARE HOMES Compares

Key Insights

Higher investment than 91% of Senior Care franchises

Franchise	Investment	Fee	Royalty	Locations
CARE HOMES Current	$201K – $330K	$50K	5.0%	5
SYNERGY HOME CARE	$78K – $159K	$53K	5.0%	550
SENIOR HELPERS	$149K – $221K	$55K	5.0%	355
ALWAYS BEST CARE SENIOR SERVICES	$90K – $146K	$50K	6.0%	275
COMFORCARE HOME CARE	$73K – $164K	$59K	5.0%	248
FIRSTLIGHT HOME CARE	$127K – $219K	$50K	5.0%	238
Senior Care Average 43 franchises	$158K – $336K	$62K	5.7%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States

1ID

SBA Loan History

Historical SBA 7(a) loan data for CARE HOMES franchisees (2017 – 2017)

Total Loans

Average Loan

$654,000

Total Volume

$0.7M

Default Rate

0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

13 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

13 Contacts Available

Unlock all CARE HOMES franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases4

Former franchisee claims alleging breach of contract, fraud, misrepresentation, and violations of franchise laws related to franchise acquisition, territory, software, and marketing; franchisor claims against terminated franchisees for post-termination liquidated damages and fees.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a CARE HOMES franchise ranges from $201,308 to $329,850. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.