Griswold Special Care

#161

At a Glance

Products & Services: Nonmedical home-care services

Number of Locations: 146

Total Investment: $72.33K - 95.3K

Founded: 1982

Began Franchising: 1984

Private Owned

About Griswold Special Care

A geriatric counselor and clergyman's wife, Jean C. Griswold founded Griswold Special Care in 1982 to help people remain independent. Griswold was inspired to start the program after an elderly widow from her husband's church died of kidney failure because she couldn't find anyone to take care of her at night. The company's first employees were graduate students from local seminaries. Griswold was diagnosed with multiple sclerosis in 1990.

Griswold Special Care provides ongoing home care for people who need help with daily tasks, are disabled, bed- or wheelchair-bound, live alone, or are recovering from hospitalization or nursing home stays. The service can also be used to give caregivers a break from caring for family members. The company's caregivers cook and prepare meals, do light housekeeping, shop and run errands, assist with transportation and medication, and transfer clients from beds to chairs. Offices in Florida offer expanded services with the help of RNs, LPNs and CNAs.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2011	137	0	0	9
2010	104	0	0	9
2009	90	0	2	12
2008	86	0	2	15

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $72,325 - $95,300
Franchise Fee: $39,500
Ongoing Royalty Fee: 3-4%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $250,000
Liquid Cash Available: $50,000

Operations

Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 7 days. Annual visit to franchisee's location, additional as needed

Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,

Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,