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Granny Nannies Licensing Group LLC

2014 Franchise 500
#414
At a Glance

Products & Services: Home care

Number of Locations: 29

Total Investment: $59.6K - $99.8K

Founded: 1990

Began Franchising: 1997

About Granny Nannies Licensing Group LLC

Rob and Kirsten Hodgson were inspired to open the first Granny Nannies in Orlando, Florida, in 1990, after struggling to find in-home care for Rob's aging grandmother. They began franchising in 1997. Granny Nannies franchises offer a variety of care services, including home care for seniors and people recovering from surgery or injury, hospice care, and care for special-needs children.

Franchise Units

Year U.S. Canadian International Company Owned
2014 26 0 0 3
2013 26 0 0 3
2012 22 0 0 3
2011 20 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $59,585 - $99,750
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $59,585 - $99,750
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: 5 days. Online workshops, bi-monthly; annual conference; phone training as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: TV, online

Franchise Ranking History

Franchise 500®: #414 (2014),