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Senior Care Franchise Review

Senior Care Franchise Opportunity - Senior Care Franchise Business for Sale

Another brandEXPANSION Project

Senior Cares

Griswold Special Care

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GRISWOLD SPECIAL CARE refers caregivers with a wide range of professional experience who care for older adults, people recovering from illness or surgery, and those living with conditions like Arthritis, Alzheimer’s disease, Multiple Sclerosis, ALS (Lou Gehrig’s disease), and Cancer. Caregiver services include personal care (bathing, continence care, dressing, mouth care), homemaking (cooking, light housekeeping, laundry), and companionship (shopping, errands, friendly conversation). Caregivers work with people who live in their own homes, in hospitals, nursing homes, or assisted living facilitites. Services are available on an hourly, overnight, or live-in basis 24 hours per day, seven days per week.

Background

Year Established: 1982
Year First Franchised: 1985
Franchised Units: 95 (Includes 3 Joint Ventures and 7 new franchisees already signed and scheduled for training)
Company Owned Units: 9
Projected New Units (12 months): 25 - 30
States/Countries Registered In: CA, FL, IL, MI, and MN (RI, WI, and WA in process)
We are not seeking to develop the following states:
AK, DE, HI, MD, ND, NY, SD, VA
Availability in Canada: Masters / Area Developer: Currently investigating Canadian regulatory environment. Canadian expansion will be Single Unit.

Financial/Terms/ Single Unit

Cash Investment: $33,000
Total Investment: Between $50K - $75K
Minimum Net Worth: $250,000
Franchise Fee: $33,000
Discounts: VetFran, Women, Minorities? VetFran participant, 25% Multi-Unit discount offered
VetFran Program Participant: Yes, 11% discount in honor of 9/11
Royalty: 3%-5%
Ad: $60 for 1st 12 months; $100 thereafter; optional $150 premium level
Average # of Employees:
Passive Ownership Allowed: No, 3-year, full-time commitment; passive ownership possible thereafter
Earnings Claims: Yes

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