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Automotive
Baked Goods
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Child-Related
Clothing & Accessories
Computer & Internet
Home Related
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Fast Food Restaurants
Frozen Desserts
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Franchise Picks
Griswold Special Care
 

GRISWOLD SPECIAL CARE refers Caregivers with a wide range of professional experience who care for older adults, people recovering from illness or surgery, and those living with conditions like Arthritis, Alzheimer’s disease, Multiple Sclerosis, ALS, and Cancer. Caregiver services include personal care (bathing, continence care, dressing, mouth care), homemaking (cooking, light housekeeping, laundry), and companionship (shopping, errands, friendly conversation). Caregivers work with people who live in their own homes, in hospitals, nursing homes, or assisted living facilities. Services are available on an hourly, overnight, or live-in basis 24 hours per day, seven days a week. Senior care is a hot industry with a growing demand over the next 20 years, as the population of older adults increases dramatically. With low overhead and no inventory or expensive landlord leases, home care is an affordable opportunity that lets you make a difference in your community.

Franchisor Background

Year Established:

  1982

Franchising Since:

  1984

Operating Units:

Franchised Units:98 89.1%  
Company-Owned Units:12 10.9%  
 ______ _____  
Total Operating Units:110 100%  
 

Geographic Distribution:

U.S.:110 100% In 18 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:110 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New Jersey17
2. Ohio10
3. Pennsylvania20

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$33-60K
Total Investment:$30-52K
Average Total Investment:$41K
 

Fees:

Initial Franchise Fee:$33K
Average Franchise Fee:$33K
On-Going Royalty:3-5%
Average Royalty:0%
Advertising Fee:$100 gross billings/mo** NTE $300

Average Number of Employees:

   3-5 (in office) Full-time

Space Needs (in square footage):

   minimum 150

Preferred Sites:

   Storefront, Home-based

Other Sites:

   HB OK where laws permit, Commercial space

Encourage Conversions?

   No

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:15
Site Selection Assistance?Yes
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Brochures, Television Ads
Additional Services:None Specified
Other Marketing Support:Ongoing coaching, timely and innovative initiative
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Not Applicable
 

Training:

1. Corporate Office5 Days
2. Franchisee's Location1-2 Days
3. Franchisee's Location1-2 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:2
Formal Education:4
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:2
Asian-American:1
Hispanic:1
Native American:0
Other:1
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. We have a coprorate staff that is racially and culturally diverse and we would like our franchisees to better reflect this appreciation for diversity.

Terms of Contract

Term of Initial Contract:7 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:Yes, 20-30 offices
Canada:Yes, Possibly
Overseas:No
 
 
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