Griswold Home Care is graded based on our most recent FDD research!
Griswold Home Care has an initial franchise fee of up to $49,500, with a overall initial investment range from $106,350 to $133,100.
The upfront investment of any franchise opportunity includes several fees. Unlock this investment opportunity to better understand the specific costs required to purchase a Griswold Home Care, such as franchise fees, construction and costs, pre-opening marketing, and equipment purchases. It should be noted that, franchise companies are required to disclose all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.
Can you Afford an Griswold Home Care Franchise. Complete our Affordability Calculator to find out!
As with any new franchised business, there should be a solid ROI and net profit potential. The specific franchisee's income and the revenue from a Griswold Home Care franchise opportunity depends on a lot of different factors. One way to confirm the potential revenues or profits earned from a Griswold Home Care franchise investment is to analzye the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchise companies that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as average gross revenues. This type of financial disclosure is not always helpful to determine profitability for you directly. So review systemwide sales data with caution. As expected, typically earnings and owner's income are correspond to the overall size of the upfront investment. The larger the initial investment, the larger return you could expect to see. Another determining factor to profitability is based on the number of locations you own. If you buy multiple outlets (typically referred to as Area Development Agreements), you can anticipate that as you open the next location, you will generate more revenue and profits overall. Demand for your products, your labor costs in your state, commercial lease rates and several other variables are important factors in determining your profit margin and your personal income. Your financial success are associated with Griswold Home Care's success. Your returns and owner's income is not just reliant on how well your own location performs, you should assess how well the entire franchise system is operating. Determine how the franchisor earns income and review their financial returns.
For more details and system-specific data on the revenue of a Griswold Home Care franchise opportunity, unlock this franchise
As of the 2020 Franchise Disclosure Document, there are 87 franchised Griswold Home Care locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2020 FDD data, Griswold Home Care has franchised locations in 20 states. There may be no locations in several states as each franchise plans their development strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it complies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that mandate franchise companies to submit their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD.
Based on our research this franchise is expanding into new regions and could be available in your city. While planning your franchise purchase, you should be thinking about what is a good location for my business. Anlayze the potential customer base to assess that the area you are looking at has a need or a market for this franchise. Even the most popular franchises have cities that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should review not only the franchise itself, but anlayze areas where you think the franchise has a better chance of long-term success.
One of our advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.
Last Reviewed: 2020
Yes, they have an initial training program of 129 hours. This includes 50 hours of classroom training, 79 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.
Griswold Home Care offers territory protections. For an explanation of territory rights, unlock this franchise for more details.
No, Griswold Home Care does NOT offer comprehensive support for franchisees.
They began franchising in 2009. The average Home Care franchise began franchising in 2009.
No, but you can click here to fill out our affordability calculator and understand your financing options.