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What Does Our Investment Look Like and Why Are We the Best Home Care Franchise to Invest In?

Griswold Home Care Franchise
March 31, 2023
Seniors playing chess inside the best home care franchise

Investing in a senior care franchise can be a rewarding business opportunity that provides essential services to communities. The best home care franchise investment offers franchisees the chance to do meaningful work and the potential to enjoy profitability and growth. Over 10,000 Americans turn 65 every day, and most of them want to age in the comfort of their own homes. This means senior care in-home services are in high demand and there’s no better time than now to invest in a home care franchise business with Griswold Home Care.

There are plenty of franchise opportunities out there, so it’s essential to conduct thorough research before deciding which one to invest in. Griswold Home Care offers a range of non-medical home care services, including personal care, companion care, and homemaking services. We’re leaders in the senior in-home care industry with over four decades of experience and a well-established reputation which clients and caregivers alike trust and franchisees can benefit from. 

The fact is, our franchisees consider our recession-resistant business model a premier investment for more reasons than one. Let’s take a look at what a Griswold investment looks like and what it gets you.

Our Investment Numbers

Generally, the total initial investment for a Griswold franchise ranges from $95,850 to $174,100 and includes the initial franchise fee, equipment and supplies, and other startup costs. Below is a breakdown of some of the franchise costs you can expect:

  • Initial franchise fee: $49,500 
  • Royalties: 4% gross monthly sales 
  • Equipment: $2,500 - $4,000
  • Insurance: $3,800 - $4,800

Additionally, you’ll be asked to demonstrate working capital of $75,000 and a net worth of $350,000. Your investment in a Griswold franchise has plenty of benefits, including and most importantly, extensive training and ongoing support that will equip you with the knowledge and skills you’ll need to run your business effectively and provide the best possible care to your community.

What Does Our Home Care Franchise Business Get You

With the US aging population growing and the demand for senior home care services increasing, owning a Griswold Home Care franchise can be a meaningful and profitable investment. One of the main reasons for our continued success in the senior care industry is our dedication and commitment to providing the best-in-class care to the elderly and disabled citizens in our communities. We achieve this quality care across all our franchises by equipping our franchisees with everything they need to successfully carry out our suite of services and grow their bottom lines.

Here’s how we help our franchisees make the most of their investment: 

  • Proven Business Model: we’ve leveraged our 40+ years of experience in the senior home care industry to refine our business model and offer a suite of essential services that translate into dependable revenue streams.
  • Exclusive Location: our franchise development team will help set you up in an exclusive location where you won’t compete with other Griswold franchises to give you the best competitive advantage in your community.
  • Pre-opening and Ongoing Training: we have you covered from the moment you become a franchisee with our comprehensive training and ongoing support to help you streamline your business operations and offer best-in-class client care.
  • Expert Marketing: our in-house marketing experts will help you gain traction in your area by advertising our services through regional campaigns and providing a cache of valuable online local marketing resources that you can use anytime.

As we’ve just outlined, your Griswold investment allows you the potential to build a profitable business that provides much-needed services to your community so that you can franchise with purpose!

Learn more about Griswold and why we offer the best home care franchise investment opportunity!

Featured Podcast  |
How to get a Home Care License (feat. Steve Turner)
Franchising With Purpose:
The Griswold Home Care Podcast
*$1,885,323 Average gross receipt. See item 19 of our 2022 Franchise Disclosure Document for more information.
*Please see Franchise Disclosure Document for most up-to-date figures
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