Grand Welcome Franchise
Franchise Business Listing Overview
Grand Welcome Franchise
Grand Welcome is a vacation rental management company that has striven to build its reputation by combining quality, cleanliness, and convenience. The brand offers its guests the chance to experience each of their destinations through its full-service property management services.
Grand Welcome began with a few condominiums in 2009 in California. The company was founded by Brandon Ezra. He began to franchise the concept in 2019 after developing user-friendly and industry-leading systems. It has opened several franchises since beginning to franchise. The goal of Grand Welcome is to reshape the vacation rental industry.
Why You May Want To Start a Grand Welcome Franchise
No experience is necessary, as Grand Welcome offers its franchisees an intensive training program that will teach them how to improve product offerings and locate vacation homes. Suppose you consider becoming a Grand Welcome franchisee. In that case, you should be a passionate entrepreneur, property management agent, real estate professional, or have even simply stayed at a vacation property. Being a travel enthusiast is a must, as well. Franchisees must also have exceptional sales and marketing, networking, and customer service skills.
Opening a Grand Welcome franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make a Grand Welcome Franchise a Good Choice?
Grand Welcome relies on powerful cloud-based and customized technology, using targeted marketing to lead its services. The use of technology may provide clients with personalized and high-quality accommodations. As a franchisee, you should be ready to either make a full-time commitment and manage the business’s daily operations or hire someone that can do it for you.
To be part of the Grand Welcome team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Grand Welcome Franchise
Grand Welcome will provide comprehensive training and support to new owners before, during, and after opening the franchises. A typical franchise agreement runs for ten years. Franchisees may be allowed to renew their contract if they meet the Grand Welcome requirements.
As you decide if opening a Grand Welcome franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Grand Welcome franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Grand Welcome franchising team questions.
Franchise Business Specifics
Net Worth Required | $50,000 |
Business Type | Franchise |
Available Locations | Grand Welcome is currently accepting inquiries from the following states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming |
Initial Franchise Fee | $19,000 - $109,000 |
Ongoing Franchise Royalties | 8% |
National Branding Fee | 1% |
Total Investment Range | Tier 2 Territory ($20-$60 million revenue opportunity) $78,600 – $107,750 Tier 3 Territory ($60-$100 million revenue opportunity) $108,600 – $137,750 Tier 4 Territory ($100-$140 million revenue opportunity) $138,600 – $167,750 |
Financing Assistance | Third Party |
Special Offers | First Responders enjoy a one-time 15% discount off of the initial franchise fee. Our Franchise Development team would be happy to provide more information on our discounts during a call. |
Veteran Appreciation Program | Grand Welcome is proud to offer Veterans and First Responders a one-time 15% discount off of the initial franchise fee. Our Franchise Development team would be happy to provide more information on our discounts during a call. |
Home Based | Yes |
Type Of Training Provided | WE WILL HELP YOU GROW YOUR BUSINESS We will teach you how to grow your owner base, inventory homes, and maintain them to our quality standards. You automatically have a database consisting of over 10 years of Grand Welcome guests for us to introduce to your destination. You will immediately be placed on all the major third-party travel vendor sites, VRBO, Expedia, HomeAway, and Airbnb to name just a few. At Grand Welcome, we become your partner. Your success is our success. And, when it comes time to reap the rewards of your hard work we can assist you with a transition from business owner to business seller. You’ll have an established proven track record, name recognition, and financials to share with any prospective buyer. |
Total Number Of Franchise Units | 53 |
International Franchise Association Member | Yes |
Contact Owner
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