Since
1982, Griswold Special Care has helped individuals stay
independent in their own homes. During an era with limited home care resources
for older family members, Griswold Special Care was one
of the first companies in the United States to offer non-medical home care
services. Griswold’s caring philosophy, combining high standards with
affordability, has made the company name synonymous with top quality service. The
unique market niche (personal care, supportive care and homemaking services)
has resulted in national coverage from broadcasts like NBC's Today show and
publications like Forbes, Entrepreneur and Success magazines. The combination of Griswold’s decades-long
reputation, state-of-the art training program and focus on quality make Griswold Special Care one of the most trusted names in the
home care industry.
As
more people realize that home care is a feasible and affordable alternative to
entering a care facility, the home care industry is becoming one of the fastest
growing industries in America. Furthermore, as the segment of the population
composed of older adults increases, this growth trend is expected to increase
dramatically over the next decade.
Operating Units
12/31/2006
12/31/2007
12/31/2008
Franchised
63
67
80
% Change
--
6.3%
19.4%
Company-Owned
12
15
14
% Change
--
25.0%
-6.7%
Total
75
82
94
% Change
--
9.3%
14.6%
Franchised as % of
Total
84.00%
81.71%
85.11%
Investment
Required
The
franchise fee for a Griswold Special Care store is $33,000.
Griswold
Special Care provides the following range of investments required to open your
initial franchise.
Item
Established Low
Range
Established High
Range
Franchise
Fee
$33,000
$33,000
Training
Expenses
$1,000
$2,5000
Real
Estate Improvements
$250
$1,000
Equipment
$500
$2,000
Signage
$250
$500
Insurance
$2,500
$5,000
Miscellaneous
Opening Costs
$5,000
$85,000
License,
Permit Registration or Certificate Costs
$0
$2,000
Additional
Funds (6-18 months)
$13,000
$16,500
Total
Investment
$55,500
$71,000
On-going
Expenses
Griswold
Special Care franchisees pay an ongoing royalty fee and a marketing and
branding fund fee.Please refer to the
Griswold Special Care FDD for more detailed information.
What You Get—Training
and Support
Franchisees
are provided with a world-class training program at Griswold’s Home Care
Academy, providing them with everything they need to know to start up and grow
their offices.The week-long, intensive
corporate training covers every detail of Griswold’s proven system and includes
assistance in navigating the often complicated licensure process (where
required).
After
corporate training, Griswold provides two on-site visits within the first
twelve months of operation, and ongoing visits at their expense.Griswold’s unparalleled support includes
biannual conferences, an annual summer workshop series, an eight-week new
Office Quick Start Program and ongoing teleconferences.Franchisees have access to phone and email support.
Territory
Griswold
Special Care grants exclusive territories with an average of more than 400,000
in total population and no cap on the over 65 demographic.
