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What Are My Startup Costs?

Griswold is an affordable and authentic non-medical home care franchise opportunity.

As the nation’s first non-medical home care franchise, Griswold has more than three decades of excellence and a bright future ahead. Led by a passionate executive team who truly cares about franchisees’ success, Griswold is designed to scale easily, be simple to run, and be a joy to own. With exceptional initial and ongoing training and support in place, plus 21st-century tools to help you grow, Griswold offers a fast ramp-up time and a firm commitment that you will never be alone in your business.

Griswold is a low-cost investment opportunity with potential for high returns. The total investment estimate to begin operations ranges from $175,500 to $209,900. Griswold Home Care’s 35 years of excellence in delivering home care to seniors and other adults with disabilities, illnesses, or injuries helps guide our proven business model and make us a best-bet investment opportunity in the booming home care market. The franchise fee for your first territory ranges from $49,500 to $54,500, depending on your territory size.

Here’s our FDD Item 7, which details the specific startup costs of our franchise offering:

 

Type of Expenditure Amount Method of Payment When Due To Whom Payment is Made
Initial Franchise Fee $49,500 Your choice of bank check, money order or wire transfer At Signing of Franchise Agreement GHC
Initial Training Fee $0 N/A N/A N/A
Living Expenses While Training $1,800 - $3,000 As incurred As incurred Third Parties
Local Lift-Off Program $12,500 Your choice of bank check, money order or wire transfer At signing of Franchise Agreement GHC
Office Lease $3,750 - $5,000 Per lease agreement As arranged Lessor
Office Equipment $2,500 - $4,000 As arranged As arranged Third Parties
First Year Computer Software Fee and installation fee $1,750 Your choice of bank check, money order or wire transfer Two Weeks prior to attending HomeCare Academy GHC
Signage $50 - $1,000 As arranged As arranged Third Parties
Opening Office Supplies and inventory $50 - $750 N/A As arranged Third Parties
Insurance (Three months of premiums excluding workers comp) $2,400 - $3,600 Varies As arranged Third Parties
Printed Materials and Shipping $1,200 - $1,800 As arranged As arranged Third Parties
LIcense, permit registration or certificate costs $0 - $2,000 As arranged Every one to three years State and/or local regulatory authorities
Additional Funds (12 to 18 months) $100,000 - $125,000 As incurred As Incurred Working Capital: Employees, suppliers, utilities, etc
TOTAL: $175,500 - $209,900

To learn more about your specific market and startup costs, please complete the form on this page and we’ll start up a conversation with you about Griswold franchise ownership.

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