GRISWOLD HOME CARE

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.

114
Locations
$100K–$181K
Investment
Since 1984
Franchising
ServicesBlue Bell, PAGriswold Investors, LLCwww.GriswoldHomeCare.comDisclaimer

Franchise Costs


Franchise Fee
$49,500
Item 5 of FDD
Initial Investment Range
$99,600 $180,600
Low: $99,600High: $180,600
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
0.50%
Item 6 of FDD
Fixed Monthly Fees
$77 – $493
Item 6 of FDD

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

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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

How GRISWOLD HOME CARE Compares


Key Insights

  • One of the lowest SBA loan default rates in Senior Care
FranchiseInvestmentFeeRoyaltyLocations
GRISWOLD HOME CARE
Current
$100K – $181K$50K4.0%114
SYNERGY HOME CARE$78K – $159K$53K5.0%550
SENIOR HELPERS$149K – $221K$55K5.0%355
ALWAYS BEST CARE SENIOR SERVICES$90K – $146K$50K6.0%275
COMFORCARE HOME CARE$73K – $164K$59K5.0%248
FIRSTLIGHT HOME CARE$127K – $219K$50K5.0%238
Senior Care Average
43 franchises
$158K – $336K$62K5.7%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for GRISWOLD HOME CARE franchisees (20182025)

Total Loans
15
Average Loan
$321,833
Total Volume
$4.8M
Default Rate
0.0%

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.

Franchisee Contacts


187 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

187 Contacts Available

Unlock all GRISWOLD HOME CARE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases4

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)

Bankruptcy HistoryYes

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

Terminations
1
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
3
Sold to Franchisees
0
Projected New
13

Frequently 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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