Griswold Home Care
A non-medical home care business that identifies people needing assistance and matches them with screened, credentialed caregivers who provide personal care, homemaking, companion care, incidental transportation, and other supportive services, along with consultation about home care services.
Your franchise match score
Home Services
Brand highlights
- CEOJohn Pouschine
- Headquarters120 West Germantown Pike, Plymouth Meeting, PA, 19462
- Year founded1982
- Year started franchising2009
- IndustryHome Services
- Locations open103 (+80 last three years)
Statistics & metrics
- Investment range$107,350 - $135,500
- Franchise fee$49,500
- RoyaltyThe greater of Monthly 4% of your Gross Receipts (as defined in Note 2 below). Starting in the 13th month after the opening date, you must pay us a minimum monthly royalty (“Minimum Royalty Requirement”) in an amount equal to 4% of your Gross Receipts or $500, whichever is greater. Starting the 25th month after the opening date and for the remainder of the term of your Franchise Agreement, you must pay us a Minimum Royalty Requirement in amount equal to 4% of your Gross Receipts or $750, whichever is greater. The Royalty on those Gross Receipts derived from either a “Day Rate Payment” or an “80 hour case” (defined in Note 2 below), will be reduced to 3.75%.
- Brand fundBeginning 30 days from the opening date to the first anniversary of the opening date, you must pay a monthly marketing fee (“General Marketing Fee”) of 0.5% of Gross Receipts to a general marketing fund. Thereafter, you must pay GHC the greater of $200 or 0.5% of Gross Receipts. General Marketing Fees will be capped on an annual basis at $20,000. In the event of a renewal of an existing franchise agreement or the purchase or transfer of an existing franchise, the General Marketing Fees will become payable upon signing the Franchise Agreement.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Home Services industry:
Home services cover everything from interior design and cleaning to landscaping and pest control. With homeowners constantly investing in their properties, this industry offers consistent demand and growth potential.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2019-03-14
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Griswold Home Care, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Griswold Home Care's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Griswold Home Care, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Griswold Home Care franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Griswold Home Care provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 103 |
| Franchise locations | 84 |
| Corporate locations | 19 |
System growth over time
FAQs
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