Grand Welcome is a Franchise Grade Made The Grade™ franchise opportunity, which means it's ranked strongly by our research team.
Grand Welcome is a vacation home rental and management service.
Grand Welcome has a franchise fee of up to $105,000, with a overall upfront investment range of $74,100 to $161,250.
The initial investment of any franchise includes multiple fees. Check out this investment opportunity to better understand the specific costs required to purchase a Grand Welcome, such as territory fees, leasehold improvement costs, pre-opening, marketing, and furniture and fixtures purchases.
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As with any new franchise, there should be a reasonable return on your investment and profit potential. The specific franchise owner's salary and the earnings from a Grand Welcome franchise will depend on a variety of factors. One way to confirm the potential revenues or profits earned from a Grand Welcome franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as overall systemwide sales. This type of information is not always helpful to determine profits for you directly. So review overall sales data with caution. As expected, usually earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the larger profits you could anticipate. Another factor to owner's salary potential is based on the number of locations you own. If you buy multiple outlets (usually referred to as Area Development Agreements), you can expect that as you scale the next location, you will generate more revenue and profits overall. Demand for your products, your labor costs in your city, commercial lease rates and several other variables also play a large role in your profit margin and your personal salary. Your financial success are linked to the overall franchisor's success. Your returns and owner's salary is not just reliant on how well your own location operates, you need to review how well the entire franchise system is operating. Determine how the franchisor generates revenue and analyze their financial returns.
For additional information and franchise specific on the earnings of a Grand Welcome franchise, unlock this franchise opportunity
As of the 2021 Franchise Disclosure Document, there are 3 franchised Grand Welcome locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2021 FDD data, Grand Welcome has franchise locations in 2 states.
Based on the data collected this franchise opportunity is growing into new locations and might be available near you. While planning your franchise purchase, you always need to be considering where is a good location for my business. Review the potential customer base to confirm that the area you are looking at has a need or a market for this brand. Even the most popular franchised businesses have states that they are not expanding into. The reasons why a specific franchise location can fail are plentiful. You need to research not only the franchise opportunity itself, but review locations where you believe it has a more profitable opportunity.
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Last Reviewed: 2021
Yes, they have an initial training program of 67 hours. This includes 34 hours of classroom training, 33 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Grand Welcome offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.
Yes, Grand Welcome offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2019. The average Property Management franchise began franchising in 2012.
Yes. They offer certain financing options within Item 10 of their FDD.