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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + 0.5% general marketing fee + $37-$453/mo printed materials and shipping + approx. $40/mo annual conference fee
Franchise Stats
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
How GRISWOLD HOME CARE Compares to Other Senior Care Franchises
Key Insights
- One of the lowest SBA loan default rates in Senior Care
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
GRISWOLD HOME CARE Current | $100K - $181K | $50K | 4.0% | 114 |
| SYNERGY HOME CARE | $78K - $159K | $53K | 5.0% | 550 |
| SENIOR HELPERS | $149K - $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K - $146K | $50K | 6.0% | 275 |
| COMFORCARE HOME CARE | $73K - $164K | $59K | 5.0% | 248 |
| FIRSTLIGHT HOME CARE | $127K - $219K | $50K | 5.0% | 238 |
Senior Care Average 43 franchises | $159K - $338K | $62K | 5.7% | - |
* 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 (2018 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due 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
Frequently Asked Questions
How much does it cost to open a GRISWOLD HOME CARE franchise?
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.
How much revenue does a GRISWOLD HOME CARE franchise make?
According to the 2025 FDD, the average gross revenue for a GRISWOLD HOME CARE franchise is $2,131,035.5. The median revenue is $1,672,644.
How many GRISWOLD HOME CARE franchise locations are there?
As of the 2025 FDD, GRISWOLD HOME CARE has 114 franchise locations. The company has been franchising since 1984.
Can you get an SBA loan for a GRISWOLD HOME CARE franchise?
Yes, SBA loans are available for GRISWOLD HOME CARE franchises. Historical data shows 15 SBA 7(a) loans have been approved for GRISWOLD HOME CARE franchisees, with an average loan amount of $321,833. The historical default rate is 0.0%.
Is GRISWOLD HOME CARE a good franchise to buy?
GRISWOLD HOME CARE shows several positive indicators: established brand with 114+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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