Griswold Special Care vs MEDIchair Franchise Comparison

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

Start-Up Costs and Fees

 
Griswold Special Care Franchise
MEDIchair Franchise
Investment $106,350 - $133,100$350,000
Franchise Fee $49,500 - $54,500$50,000
Royalty Fee 4%5% of annual gross sales
Advertising Fee 0.5%-
Year Founded 19821985
Year Franchised 1984-
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements

 
Griswold Special Care Franchise
MEDIchair Franchise
Experience --

Financing Options

 
Griswold Special Care Franchise
MEDIchair Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll Yes/No-/-

Training & Support

 
Griswold Special Care Franchise
MEDIchair Franchise
Training Ongoing training in the field & free annual workshop series-
Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
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)

-

Expansion Plans

 
Griswold Special Care Franchise
MEDIchair Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

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.



About MEDIchair

MEDIchair, a LifeMark Health Management company, is North America's largest and fastest growing Home Medical Equipment (HME) franchise company with stores coast-to-coast across Canada. MEDIchair stores carry a comprehensive line of products including wheelchairs, scooters, lift chairs, bathroom safety products, home accessibility solutions and soft/disposable personal health care products such as incontinence supplies, wound care, compression and bracing. These specialty products are designed to enhance the quality of life for people experiencing disabilities, injuries, surgeries and aging. MEDIchair prides itself on providing caring, knowledgeable and highly trained consultants committed to finding the right home health care product solution for each customer.