Griswold Homecare Franchise FDD, Profits & Costs (2025)
Griswold Home Care is a pioneering non-medical home care franchise founded in 1982 by Dr. Jean Griswold in a small suburb of Philadelphia, Pennsylvania. Motivated by the preventable death of an elderly woman in her community, Dr. Griswold established the company to provide compassionate in-home care services, enabling individuals to live independently and comfortably in their own homes.
Today, Griswold Home Care is headquartered in Pennsylvania and has grown significantly since its inception. The franchise offers a comprehensive range of non-medical home care services, including personal care, homemaking, companionship, and support for individuals with chronic conditions, illnesses, or injuries.
These services are designed to assist clients with daily activities such as bathing, grooming, meal preparation, light housekeeping, and transportation, ensuring they receive the necessary support to maintain their quality of life.
Griswold Home Care’s commitment to personalized care and its legacy of compassion and integrity set it apart in the home care industry.
Initial Investment
How much does it cost to start a Griswold Homecare franchise? It costs on average between $100,000 – $181,000 to start a Griswold Homecare franchised business.
This includes costs for caregiver recruitment, training, licensing, insurance, and initial operating expenses. The exact amount depends on various factors, including the size of the territory, the location, and whether the franchisee chooses to lease or purchase office space.
| Type of Expenditure | Amount |
|---|---|
| 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 | $1,750 |
| Other Technology | $1,250 – $3,500 |
| Signage | $50 – $1,000 |
| Opening Office Supplies and Inventory | $50 – $750 |
| Insurance (6 months) | $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 |
| Total | $99,600 – $180,600 |
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Frequently Asked Questions
How many Griswold Homecare locations are there?
As of the latest data, Griswold Home Care operates 110 locations across the United States. 94 of these are franchise-owned, with 16 being company-owned units.
What is the total investment required to open a Griswold Homecare franchise?
The total investment required to open a Griswold Homecare franchise ranges from $100,000 to $181,000.
What are the ongoing fees for a Griswold Homecare franchise?
Griswold Home Care franchisees pay a 4% royalty fee on gross receipts. They also contribute the greater of $75 or 0.5% of gross receipts to national marketing. Additionally, franchisees must spend at least $12,000 per year on local marketing.
Who owns Griswold Homecare?
Griswold Home Care is a privately held company with several investors, including Labyrinth Capital Partners, Pouschine Cook Capital Management, Stonehenge Partners, and The Cambria Group. The company is led by Chief Executive Officer Michael Slupecki, who joined Griswold in 2020.
Disclaimer
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