Griswold Home Care INFO
About Griswold Home Care
Established in 1982, Griswold was the first non-medical home care franchise in the U.S. It offers 40 years of experience providing quality home care to the elderly, disabled adults and others recovering from illnesses. Griswold was founded by Dr. Jean Griswold, a senior care professional who suffered from multiple sclerosis (MS) and recognized firsthand that the elderly often lack the assistance they need to remain living independently at home. Today, with a proven business model for success, Griswold is a brand leader in home health care, with 170 locations in 30 states.
Why This Industry?
Home-health care is a $97 billion industry and has proven itself to be recession-resistant, even during a pandemic. An aging demographic of Baby Boomers are creating what demographers call a “Silver Tsunami” of elderly individuals, who are more likely than any generation before them to age in place. Without the astronomical costs of assisted living facilities and nursing homes, home health provides seniors with the ability to live in the comfort and security of their home with the assistance they need.
Why Is Now the Time To invest?
The senior population is increasing rapidly in the United States — by the year 2030, AARP reports around 20% of the population will be 65 years old or older. The Family Caregiver Alliance (FCA) has reported there will be 27 million people in need of long-term care by the year 2050, double the number who required these services in 2000. It's not just seniors, either — the National Service Project reports that an estimated 24.1 million people live with a severe disabilities and over 34 million live with a functional limitation.
The pandemic revealed an urgent need for home-health solutions, a need that will continue to climb. That means competition will continue to grow, and the best, most lucrative markets will be sold quickly. Now is the time to establish your territory. Griswold still has a variety of territories available. Griswold has the ability to be selective in awarding its franchisees, which allows it to bring on board only the franchisees it feels will truly be successful.
How Much Does It Cost?
The total investment necessary to begin the operation of a Griswold franchised business ranges from $108,181 to $181,431. This includes a total of $49,500 that must be paid to Griswold International, LLC.
How Much Can I Make?
Per Item 19 of the Franchise Disclosure Document, Griswold Home Care's average gross receipt is $1,060,279. However, individuals' results may differ.
Michael Slupecki - CEO
Steven Turner - COO
Katherine Schiavino - CFO
Shelley Kanther - VP of Marketing
Christina Sommerfield - VP of Company Offices
Tim Swan - Director of IT
Matthew Ericksen - Director of Sales and Operations
Amanda Lepore - Director of Learning & Development
Brian Hill - Franchise Development Manager
Cathy Reilly - Manager of Compliance