Griswold Home Care Franchise Costs, Fees & FDD

Year Business Began: 1982

Franchising Since: 1984

Headquarters: Blue Bell, Pennsylvania

Estimated Number of Units: 200

Franchise Description: The franchisor is Griswold International, LLC. The franchise offered is for the establishment and operation of a business which provides carefully screened, trained, licensed, insured, bonded, and credentialed individuals to clients seeking “caregivers” to provide personal care, homemaking, companion care, incidental transportation, and other ancillary/supportive services to older adults, and ill or disabled persons who need extra assistance with activities of daily living.
Training Overview: The franchisor provides initial training regarding the operation of the franchise at HomeCare Academy (HCA). HCA is for a period of up to 11-15 weeks made up of 4-5 weeks of pre-HCA self-guided, e-learning beginning during the launch process, 2 weeks of on-site, instructor-led training (HCA) and 5-6 weeks of follow up to provide hands-on support through the entire life cycle of the business. Post-HCA length, frequency, and content will be determined by the training team based on the franchisee’s needs. On-site training is typically held at the franchisor’s corporate headquarters, but such training may be held via webinar depending on local, state or federal travel restrictions or at any other location the franchisor may designate. Because licensure may take longer in certain states, the franchisor may allow franchisees to participate in the initial training program prior to securing all licenses and permits necessary to operate the franchise in their territory.

Territory Granted: Franchisees will operate the franchise within a protected territory within which franchisees have the right to provide services to care recipients, subject to exceptions described in the FDD and in the Franchise Agreement. The territory is usually delineated by postal zip codes and/or by geographic boundaries (e.g., county lines) and will be determined on or before execution of the Franchise Agreement. Territory sizes can vary widely, but the standard territory has a population the greater of 250,000 people or 25,000 senior citizens (individuals aged 65 years or older). The franchisor will not open a GHC-owned location using the marks or authorize any other party to open a location using the marks within the territory (or territories) that provides services to clients and care recipients, so long as franchisees are not in default under their Franchise Agreement(s).

Obligations and Restrictions: Franchisees must individually sign the Franchise Agreement. Spouses are also strongly encouraged to sign the Franchise Agreement. The Franchise Agreement expressly provides franchisees, for the first three years of operation, must directly supervise, manage and devote their full time and energies to the operation of the franchise. Currently, franchisees must offer and sell all of the services that the franchisor requires, and only the services which the franchisor authorizes. Franchisees may not offer to sell or provide at or through the franchise any products or services that the franchisor has not previously approved in writing.

Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Franchisees may renew the Franchise Agreement in five-year increments, if not otherwise in default.

Financial Assistance: The franchisor does not offer any direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation. The franchisor provides a discounted initial franchise fee for individuals honorably discharged from military service.

Estimated Initial Investment

Name of Fee	Low	High
Initial Franchise Fee	$49,500	$54,500
Living Expenses While Training	$3,000	$5,000
Office Lease	$9,500	$15,000
Office Equipment	$2,500	$4,000
First Year Computer Software Fee and Installation Fee	$1,750	$1,750
Other Technology	$1,250	$3,500
Signage	$50	$1,000
Opening Office Supplies and Inventory	$50	$750
Insurance (6 months of general liability and worker’s comp premiums)	$3,800	$4,800
Printed Materials and Shipping	$1,200	$1,800
License, Permit Registration or Certificate Costs	$0	$7,500
Additional Funds (6 months)	$27,000	$81,000
ESTIMATED TOTAL	$99,600	$180,600

 
Other Fees

Type of Fee	Amount
Royalty	The greater of 4% of gross receipts or the minimum performance requirement.
Annual Quota Deficiency	Will vary.
General Marketing Fee	The greater of $75 or 0.5% of gross receipts.
Initial Training Fee	$0
Transfer Fee	$15,000 plus any brokerage fee payable by franchisee; or $5,000 for any transfer to an existing GHC franchisee.
Additional Remediation Training	$500 per day per trainer, plus reasonable room, board and travel for each trainer.
Annual Meeting/ Conference	As determined from time to time. Currently, $475.
Additional Marketing Support	Varies.
Local Ongoing Marketing/ Shortfall	Minimum of $12,000 per year.
Additional Royalty	An additional 2% of gross receipts.
Cooperative Fee	An amount determined by the cooperative.
Late Fee	$25 per week.
Insurance	Varies.
Arbitration Expenses	Varies.
Underreporting Fee	Interest on any unpaid amount from the date it was due; costs of audit if franchisees have underreported by 3% or more.
Indemnification	Will vary with circumstances.
Printed Materials and Shipping	Will vary with circumstances. Currently ranges from $37-$453 per month ($150 on average).
Additional Services	Will vary with circumstances.

The above information has been compiled from the FDD of Griswold Home Care. Year of FDD: 2025.
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