Griswold
Formerly known as Global Health Care
Bottom line
- Total investment $100K – $181K including a $50K franchise fee, 4.0% ongoing royalty.
- Average unit revenue of $2.1M/year (median $1.7M).
- Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 28 loans (below the industry average).
- System growing at 20.0% CAGR over 3 years with 125 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Griswold unit return on the cash you put in?
Unlevered ROIC · per unit
253%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Griswold units return on equity?
Equity IRR · 5-yr
25.0%
3.06× MOIC
Year-1 DSCR
3.37×
EBITDA ÷ debt service
Equity required
$18.9M
on $34.1M purchase
Total debt
$15.2M
SBA $5.0M + senior + seller note
Overview
About
Griswold franchisees typically operate as service-based businesses (likely senior care, home services, or security monitoring based on brand name). Day-to-day operations involve managing service technicians or caregivers, scheduling client appointments, handling billing and collections on the $2.1M average revenue base, and responding to corporate compliance and reporting requirements.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 23 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Griswold presents elevated risk due to undisclosed profitability data, active multi-jurisdictional litigation, and documented franchisee disputes, despite healthy unit growth that may mask operational or compliance problems.
Score breakdown · what drove the 49 / 100 rating
- 01HIGHMultiple active litigation cases including state regulatory investigations (Virginia, Indiana) and collective action wage claims—suggests systemic compliance or labor practice issues
- 02MEDNet income not disclosed in FDD despite $2.1M average revenue—inability or unwillingness to provide Item 19 profitability data is a major transparency red flag
- 03MINORPattern of franchisee disputes (Mull, Life Call Systems, Baton Rouge arbitration, MacPhee negligence claim)—indicates potential misrepresentation, breach, or operational support failures
- 04MINORStrong unit growth (20% YoY to 125 units) combined with hidden profitability metrics suggests aggressive recruitment possibly outpacing sustainable support
- 05MINORFranchise fee of $49,500 plus startup costs up to $180,600 represent significant capital at risk with unproven unit economics
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
68 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Griswold · FDD (2025) PDF