Frequently Asked Questions
Answers About Our Home Care Franchise
Buying into a franchise, any franchise, is a big decision. It’s important that you fully explore the opportunity before making any decisions. Making sure a company is a good fit for you – and that you’re a good fit for them – is key to finding future success. At Griswold Home Care, we want to make sure you have as much information as possible before making any decisions.
Below you will find answers to some of the most common questions prospective franchisees have.
What is Griswold Home Care?
Griswold Home Care is the first non-medical home care franchise in the United States. Founded by Jean Griswold after realizing the lack of care and resources available to low-income seniors and adults with disabilities, we have grown into one of the most storied and successful franchise systems in the country. Jean’s legacy of empathy and compassion is at the heart of who we are today. Our franchise owners are among the longest-tenured and highest-performing in the $89 billion home care industry. The American Association of Franchisees and Dealers named Griswold Home Care the Franchisor of the Year in both 2017 and 2019.
*IBIS World, “Home Care Providers in the US: Market Research Report,” Nov. 26, 2016
What services do you provide?
Griswold Home Care provides the standard services seniors, disabled adults, and others with illnesses need to remain independent, active, and healthy at home:
- Personal care
- Companion care
- Respite care
- Live-in and overnight care
- Care for those receiving hospice services
How much does a Griswold Home Care franchise cost?
Our senior care franchise offers a low-cost investment opportunity with the potential for high rewards. The total investment will range from $106,350 to $133,100. We are the best-bet investment opportunity in the home care industry thanks to our decades of excellence in providing reliable, compassionate home care services. Franchise fees for your first territory will also range from $49,500 to $54,500, depending on the size of the territory you purchase.
What are the financial requirements for franchising with Griswold Home Care?
To become a Griswold Home Care franchise owner, you will need to have minimum liquid capital of $100,000 to $125,000 and a minimum net worth of $375,000 to open your business. Liquid requirements are included in the Net Worth requirements, not in addition to them.
Is there a continuing royalty fee?
Yes. This fee is between 3.75 and 4%.