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.
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Initial Investment
How much does it cost to start a Griswold Homecare franchise? It costs on average between $96,000 – $174,000 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 to $5,000 |
| Office Lease | $9,000 to $13,000 |
| Office Equipment | $2,500 to $4,000 |
| First Year Computer Software Fee and Installation Fee | $1,750 |
| Signage | $50 to $1,000 |
| Opening Office Supplies and Inventory | $50 to $750 |
| Insurance (6 months) | $3,800 to $4,800 |
| Printed Materials and Shipping | $1,200 to $1,800 |
| License, Permit Registration or Certificate Costs | $0 to $7,500 |
| Additional Funds (6 months) | $25,000 to $80,000 |
| Total | $95,850 to $174,100 |
Average Revenue (AUV)
How much revenue can you make with a Griswold Homecare franchise? A Griswold Homecare franchised territory makes on average $977,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $784,000 yearly revenue for similar in-home franchises. Below are a few Griswold Homecare competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Griswold Homecare Franchise Disclosure Document
Frequently Asked Questions
How many Griswold Homecare locations are there?
As of the latest data, Griswold Home Care operates 199 locations across the United States. The majority of these are franchise-owned, with five 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 $96,000 to $174,000.
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.
What are the financial requirements to become a Griswold Homecare franchisee?
To become a Griswold Home Care franchisee, candidates are required to have a minimum net worth of $350,000. Additionally, the initial investment ranges from approximately $96,000 to $174,000, which includes the franchise fee, startup costs, and other related expenses.
How much can a Griswold Homecare franchise owner expect to earn?
The average gross sales for a Griswold Homecare franchise are approximately $0.98 million per location. Assuming a 15% operating profit margin, $0.98 million yearly revenue can result in $147,000 EBITDA annually.
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
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
