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GRAND WELCOME
Grand Welcome franchises provide vacation home rental and management services under the Grand Welcome trademarks. Franchisees offer listing, maintenance, cleaning, and concierge services to property owners (Unit Owners) and guests, utilizing proprietary operating procedures, standards, and marketing methods. The business model targets vacation property owners seeking professional management and travelers looking for short-term rental accommodations in competitive markets including online platforms like Airbnb and VRBO.
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Franchise Costs
3% to 5% royalty + 0.5% brand fund + $15 per unit technology fee + $2,500-$6,000/mo property owner marketing
Financial Performance
Item 19 Financial Performance
Data Based On: 59 franchised territories that continuously operated during the entire 2025 calendar year, grouped by market size.
* Calculated weighted average gross revenue using the median gross revenue for each market size segment as representative values for segment averages: (7 units × $3,597,277 + 14 units × $1,287,876 + 38 units × $336,807) / 59 total units = $949,319.81. Median gross revenue is taken from the median of the 'Medium' market segment ($1,287,876), interpreted as the 'middle segment' as per instructions. Revenue top quartile is taken as the median of the 'Large' market segment ($3,597,277), representing the top performing segment. Revenue bottom quartile is taken as the median of the 'Small' market segment ($336,807), representing the bottom performing segment.
Extracted Item 19 Section
Avg. Revenue: $949,320
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Unlock financial performance dataHow GRAND WELCOME Compares
Key Insights
- One of the lowest investment costs in Property Management (ranked #3 of 14)
- Top 10 largest franchise system in Property Management
- One of the lowest SBA loan default rates in Property Management
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GRAND WELCOME Current | $40K – $190K | $30K | 3.0% | 61 |
| SOLA SALONS | $950K – $1.7M | $60K | 5.5% | 677 |
| PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC | $95K – $150K | $70K | 5.0% | 406 |
| Casago (unit) | $23K – $1.3M | $28K | 3.5% | 125 |
| ITRIP | $119K – $153K | $30K | 5.0% | 105 |
| ALL COUNTY | $86K – $118K | $59K | 7.0% | 78 |
Property Management Average 14 franchises | $185K – $440K | $47K | 6.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 Property Management franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+8 more states
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for GRAND WELCOME franchisees (2022 – 2024)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
6 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
1 franchisee contacts on file from official FDD filings.
1 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
One case involved a former franchisee alleging breach of contract after selling their franchise. The other involved the franchisor suing a former franchisee for breach of contract and trademark infringement, with the franchisee counter-suing for breach of contract and fraud.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a GRAND WELCOME franchise ranges from $39,500 to $189,750. This includes a franchise fee of $30,000. Ongoing royalty fees are 3.0% of gross sales.
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