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Grand Welcome

Grand Welcome, a vacation rental management company that has been operating since 2009 combines quality, cleanliness, and convenience has announced its nationwide franchise opportunity in 2020. The aggressive expansion efforts are part of the company's goal to have 150 plus franchisees and over 10,000 rental properties in their network by 2023.

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Grand Welcome

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Grand Welcome Franchise Cost and Requirements for 2024

Background

  • TOP REASONS TO JOIN GRAND WELCOME
  • Strong unit economics allowing you unlimited growth opportunity.
  • Large number of properties and protected territory gives you the ability to scale over time.
  • The vacation rental industry is massive and still growing quickly.
  • Highly scalable as Grand Welcome handles most of the back-end operations.
  • Low cost of the overall investment, with the opportunity for BIG returns.
  • Quick start-up of normally 1-2 months from signing FA to opening for business.
  • The ability to start the business home-based vs. from an office.
  • Few to NO employees in the beginning. No HR hassles and no worker's compensation.
  • Support of highly experienced industry experts that have been operating for over 10 years.
  • The ability to be in first while territories are available and then you can grow as big as you want.
  • Lifestyle oriented business and feel good business - helping guests have great vacations and helping property owners maximize return on their investment properties.

Company Details

  • Established: 2009
  • First Unit Franchised: 2020
  • Total Franchise Units Awarded: 74
  • Total Units Currently Operating: 44
  • Company Owned Units: 8
  • States Registered In: We are registering and offering franchises in all 50 States for 2023.
  • Canada Franchises: No
  • International Franchises: No

Support and Training Offered By Grand Welcome

  • Financial Assistance Provided: Yes
  • Site Selection Assistance: Yes
  • Lease Negotiation Assistance: Yes
  • Recruiting Assistance: Yes
  • Cooperative Advertising: No


TRAINING
2 weeks comprehensive initial training for new owners and managers if applicable. 1 week in corporate office, 1 week in field at operating location for real life experience. After opening in-market local support for a few days.

2024 Franchise Requirements Needed to Own a Grand Welcome Franchise.

What does a Grand Welcome Franchise Cost?

Grand Welcome franchise fees for 2024:

  • Cash Investment: $25,000-$65,000
  • Total Investment: $78,600 - $167,750
  • Minimum Net Worth: $100,000
  • Franchise Fee:
    $49,000 - Tier 2
    $79,000 - Tier 3
    $109,000 - Tier 4
  • Royalty: 8% of monthly net revenue
  • Ad:
    1% - monthly net revenue - Brand Fund Fee,
    $1,500-2,500 per month Local Advertising Fee
    1.5% of gross revenue - Guest Targeted Marketing Fee
  • Item 19: Yes
  • Average Number of Employees: 3
  • Visa Candidates: Yes
  • Passive Ownership: Yes
  • Home-Based: Yes
  • B2B: No
  • Master Franchise Opportunities: No
  • Veteran Discount: Yes, 15% off of the initial franchise fee

Is Grand Welcome a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Grand Welcome is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Grand Welcome a Home Based franchise?

Yes. Grand Welcome is a home based franchise opportunity.

What Do Grand Welcome Franchise Owners Make?

Click here to find out how much Grand Welcome franchisees make. Grand Welcome offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Grand Welcome a Master Franchise Opportunity?

No. Grand Welcome is not a master franchise opportunity.

Does Grand Welcome Offer a Veteran Discount?

Yes. Grand Welcome franchise does offer a veteran discount.

Does Grand Welcome Work with E2 Visa and EB-5 Visa Candidates?

Yes. Grand Welcome franchise does work with E2 Visa and EB-5 Visa candidates.

Is Grand Welcome Looking for Franchisees in Canada?

No. Grand Welcome franchise is not looking for Canada franchisees.

Is Grand Welcome Looking for International franchisees?

No. Grand Welcome franchise is not looking for International franchisees.

Where can I see Grand Welcome's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Travel, Real Estate, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$25,000 - $50,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Grand Welcome Franchise Reviews

Grand Welcome Franchises for Sale

Click Here to inquire about existing Grand Welcome franchises for sale. We may have Grand Welcome franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Grand Welcome

Pedal Pub, Discovery Map International, CruiseOne, Yogi Bear's Jellystone Parks Camp-Resorts, Level Tax & Travel, iTrip, TRAVELHOST, With A Twist Bartending & Event Service, Hilton Hotels & Resorts, Dream Vacations, All American Pet Resorts, SkyRun Vacation Rentals

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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