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GRISWOLD HOME CARE
Griswold Home Care franchises operate under the Agency Business Model, matching clients with carefully screened, trained, licensed, insured, bonded, and credentialed caregivers who provide non-medical services such as personal care, homemaking, companion care, incidental transportation, and other supportive services. Franchisees also offer consultation to clients and care recipients regarding home care needs. The target market includes older adults, ill, or disabled persons requiring assistance with activities of daily living.
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Franchise Costs
4% royalty + 0.5% general marketing fee + $37-$453/mo printed materials and shipping + approx. $40/mo annual conference fee
Financial Performance
Item 19 Financial Performance
Data Based On: 48 Franchised Locations operating in 92 territories, open for the entire Measurement Period (January 1, 2024 - December 31, 2024), excluding 20 territories that opened during 2024 and were not open the entire calendar year. Data is presented by revenue quartiles.
* Weighted average gross revenue calculated from the Franchise Location Revenue by Quartile table (Page 4): (12 units * $4,502,710 + 12 units * $2,073,891 + 12 units * $1,330,438 + 12 units * $617,103) / 48 total units = $2,131,035.5. This figure is consistent with the $2,131,036 average gross receipt reported in the Part I table.
Extracted Item 19 Section
Avg. Revenue: $2,131,036
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Unlock financial performance dataGRISWOLD HOME CARE Franchise Analysis
In the booming senior care sector, Griswold Home Care has been matching families with caregivers since 1984, tapping into endless demand from aging boomers. Item 19 financials paint a picture of solid revenue potential, while SBA loan records hint at real-world financing paths for owners. But with a bankruptcy in the rearview and some franchisee disputes bubbling up, does this agency model deliver steady growth or hidden hurdles?
Item 7 lays out the initial investment from $99,600 to $180,600, including a $49,500 franchise fee that gets you the brand, training, and territory rights in a recession-resistant field. Ongoing fees stay lean at 4% royalties plus 0.5% ad fund, with extras like $37-$453 monthly for materials and $40 for the annual conference. Item 19 shines here: average gross revenue clocks $2,131,036, median $1,672,644 across existing units—strong numbers showing top performers crush it, though medians suggest variability based on market size and sales hustle.
System health looks stable with 114 franchises and 11 corporates, just 1 termination, 3 transfers, and 13 projected new units. Fifteen SBA loans averaging $321,833 underline accessibility for qualified buyers, but litigation notes flag franchisee claims over labor laws, caregiver wages, and ops changes—watch for regulatory shifts in home care. Despite past bankruptcy, low contraction and revenue disclosure make Griswold a data-backed play for service-minded investors chasing $2M+ toplines in senior care.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How GRISWOLD HOME CARE Compares
Key Insights
- One of the lowest SBA loan default rates in Senior Care
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GRISWOLD HOME CARE Current | $100K – $181K | $50K | 4.0% | 114 |
| SYNERGY HOME CARE | $80K – $164K | $55K | 5.0% | 626 |
| RIGHT AT HOME | $75K – $119K | $50K | 5.0% | 566 |
| Visiting Angels | $125K – $171K | $65K | 3.0% | 541 |
| SENIOR HELPERS | $177K – $232K | $55K | 5.0% | 394 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K – $146K | $50K | 6.0% | 291 |
Senior Care Average 44 franchises | $157K – $348K | $62K | 5.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Senior Care franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for GRISWOLD HOME CARE franchisees (2018 – 2025)
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.
15 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
187 franchisee contacts on file from official FDD filings.
187 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Primarily misrepresentation, fraud, breach of contract, and franchise law violation claims by franchisees regarding labor law changes affecting caregiver classification, overtime wages, licensing, and franchise operations; one dispute over franchise agreement assignment, royalties, and services.
Bankruptcy (Item 4)
Valiant Health Care, Inc. (where COO Steven Turner was CEO/President) filed Chapter 11 on January 1, 2012 (closed June 11, 2015).
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 GRISWOLD HOME CARE franchise ranges from $99,600 to $180,600. This includes a franchise fee of $49,500. Ongoing royalty fees are 4.0% of gross sales.
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