Homewatch CareGivers vs Griswold Special Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Griswold Special Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Homewatch CareGivers Franchise
Griswold Special Care Franchise
Investment $89,125 - $151,875$106,350 - $133,100
Franchise Fee $49,000 - $61,500$49,500 - $54,500
Royalty Fee 5%4%
Advertising Fee 1%0.5%
Year Founded 19731982
Year Franchised 19861984
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee --


Business Experience Requirements
 
Homewatch CareGivers Franchise
Griswold Special Care Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience helpful, compassionate, people-oriented, sales, manager
    		• -

    Financing Options
     
    Homewatch CareGivers Franchise
    Griswold Special Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesYes/No

    Training & Support
     
    Homewatch CareGivers Franchise
    Griswold Special Care Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support Ongoing training in the field & free annual workshop series
    Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op advertising, Ad slicks, National media, Regional advertising
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 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)

    Expansion Plans
     
    Homewatch CareGivers Franchise
    Griswold Special Care Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Homewatch CareGivers

    Biochemist Paul A. Sauer founded Homewatch in 1973. The company's clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Caregivers provide non-medical and limited health care services.

    #116 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees

    Veteran Incentives  10% off franchise fee

    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.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #353 in Franchise 500 for 2020.
    #382 in Franchise 500 for 2021.