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Griswold Home Care
 

Griswold Home Care is dedicated to providing Extraordinary Home Care at Affordable Rates. We refer Caregivers for older adults, people recovering from illness or surgery, and people with long-term disabilities. Caregiver services include personal care, homemaking, companionship, incidental transportation and other services to Clients wishing to remain safe and independent. We operate a model that is completely unique in the industry. We also offer the largest protected territories and lowest on-going fees.

Franchisor Background

Year Established:

  1982

Franchising Since:

  1984

IFA Member



Operating Units:

Franchised Units:168 94.9%  
Company-Owned Units:9 5.1%  
 ______ _____  
Total Operating Units:177 100%  
 

Geographic Distribution:

U.S.:219 100% In 27 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:219 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Pennsylvania22
2. New Jersey19
3. Ohio15

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$75K
Total Investment:$84.7-107.7K
Average Total Investment:$96K
 

Fees:

Initial Franchise Fee:$41,900K
Average Franchise Fee:$42K
On-Going Royalty:3.5%
Average Royalty:3%
Advertising Fee:$200 gross billings/mo** NTE

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:23
Site Selection Assistance?Yes
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
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:Included in Fees
 

Training:

1. Franchisee's Location1-2 Days
2. Corporate Office10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:2
Formal Education:3
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:6
Asian-American:1
Hispanic:2
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 corporate 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:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:Yes, 45 offices
Canada:Yes, N/A
Overseas:No
 
 
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