Grand Welcome Franchise FDD, Profits & Costs (2025)
Grand Welcome was established in 2009 by Brandon Ezra in California, starting out as a small-scale vacation rental management business focused on a handful of condominiums.
As short-term rentals surged in popularity, the company gradually scaled its operations and, a decade later in 2019, introduced a franchise model to expand its reach across the country.
The brand is now based in Torrance, California, and has grown to serve more than 50 cities in 18 states, with thousands of properties under management.
Specializing in short-term vacation rentals, Grand Welcome delivers end-to-end property management solutions. Its emphasis on providing strong backend support sets it apart from many other players in the property management franchise industry.
Initial Investment
How much does it cost to start a Grand Welcome franchise? It costs on average between $68,000 – $170,000 to start a Grand Welcome franchised facility.
This covers expenses such as office setup, technology systems, marketing materials, and early operating costs. The total investment can vary depending on factors like the territory size, local market conditions, and whether the franchisee operates from a home office or a leased location.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,000 – $109,000 |
| Training Expenses | $1,000 – $3,000 |
| Office Lease Deposit | $0 – $1,000 |
| Office Furniture, Fixtures, Equipment and Supplies | $0 – $1,500 |
| Licenses and Permits | $500 – $1,000 |
| Real Estate Brokerage License | $0 – $5,000 |
| Computer Systems | $500 – $3,500 |
| Vehicle | $0 – $3,500 |
| Vehicle Graphics | $250 – $500 |
| Branding and Promotional Materials | $250 – $750 |
| Professional Fees | $250 – $3,000 |
| Insurance | $1,000 – $3,000 |
| Additional Funds – 3 months | $15,000 – $35,000 |
| TOTAL | $67,750 – $169,750 |
Average Revenue (AUV)
How much revenue can you make with a Grand Welcome franchise? A Grand Welcome franchised business makes on average $220,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
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Frequently Asked Questions
How many Grand Welcome locations are there?
As of the most recent data, Grand Welcome operates a total of 76 locations. Of these, 73 are franchise-owned while 3 are company-owned.
What is the total investment required to open a Grand Welcome franchise?
The total investment required to open a Grand Welcome franchise ranges from $68,000 to $170,000.
What are the ongoing fees for a Grand Welcome franchise?
Grand Welcome franchisees pay an ongoing 8% royalty fee on revenue, along with a 1% brand fund fee and a 1.5% marketing fee to support national advertising and promotional initiatives.
What are the financial requirements to become a Grand Welcome franchisee?
To qualify as a Grand Welcome franchisee, candidates must have a minimum net worth of $350,000 and at least $75,000 in liquid capital.
How much can a Grand Welcome franchise owner expect to earn?
The average gross sales for a Grand Welcome franchise are approximately $0.22 million per location. Assuming a 15% operating profit margin, $0.22 million yearly revenue can result in $33,000 EBITDA annually.
Disclaimer
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