Grand Welcome
Franchise research report · reviewed 2026 disclosure data
Researching Grand Welcome franchise opportunities? Every figure below is cited to the FDD.
Grand Welcome manages short-term vacation rental properties for homeowners. Local operators handle property listings, reservations, guest communications, cleaning, inspections and maintenance.
Headline figures
Grand Welcome quick facts
- Is Grand Welcome a franchise?
- Yes. Grand Welcome offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 62 franchised and 2 company-owned outlets (2026 FDD, Item 20, PDF p. 39).
- How much does it cost to open a Grand Welcome franchise?
- The Grand Welcome Franchise Disclosure Document reports separate estimated initial investments by format: $169,750 for total initial investment high (2026 FDD, Item 7, PDF p. 17); $67,750 for total initial investment low (2026 FDD, Item 7, PDF p. 17); $67,750–$169,750 for total initial investment (2025 FDD, Item 7, PDF p. 17). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does Grand Welcome charge?
- The disclosed ongoing royalty is 8% (2026 FDD, Item 6, PDF p. 10). The brand or advertising fund contribution is 1% (2026 FDD, Item 6, PDF p. 11). Other recurring fees are listed in Item 6. Details
- Does Grand Welcome disclose financial performance (Item 19)?
- Yes. The Grand Welcome FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 38). Figures apply only to the locations and period each one covers. Details
- How many Grand Welcome locations are there?
- The FDD reports 64 outlets at the end of 2024 (2026 FDD, Item 20, PDF p. 39). Existing locations do not indicate territory availability. Details
- Is Grand Welcome a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $169,750 (Total Initial Investment high); $67,750 (Total Initial Investment low); several initial fee options apply.
- 2Item 19 covers 2 separate groups: other measures for 47 locations; other measures and revenue for 2 locations. They are not combined.
- 3Outlets declined by 12 in 2024, to 128 (Systemwide national, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Grand Welcome head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Total Initial Investment lowPDF p. 17$67,750
- Total Initial Investment highPDF p. 17$169,750
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty feeMain ongoing fee
52 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
Two separate populations, not a revenue-and-profit comparison. Revenue is not owner income.
47 locations
Other measures · 47 locations
- Who is counted
- Franchised territories continuously operating throughout the entire 2024 calendar year
- Period
- 2024 full-year franchised territories, Upper Tier (16)
- Excluded
- As of Dec. 31, 2024, 8 of 62 franchised territories excluded for not operating a full year; 7 excluded because combined with other outlets
- Method
- Canadian affiliate franchisee data; figures grouped by Total Charges; unaudited
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide national, as labeled in the FDD · counts as of End of stated year of each year.
2026 FDD · Item 20 · PDF p. 40
Net +66 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($67,750 – $169,750) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units decreased from 140 to 128 in 2024. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Item 19 — Locations counted not stated in the reviewed record — Franchised territories continuously operating throughout the entire 2024 calend… · PDF p. 38
- [2]Item 19 — Locations counted not stated in the reviewed record — Operating affiliate territories continuously operated for full calendar year 20… · PDF p. 38
- [3]Outlet counts — Item 20, Table 1 · PDF p. 40
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | grand welcome franchising net income fy2024 | $1,022,165 |
| 2024 | grand welcome franchising total assets at dec 31 2024 | $13,815,555 |
| 2024 | grand welcome franchising total revenues fy2024 | $7,177,095 |
| 2024 | grand welcome franchising operating cash flow fy2024 | $2,584,739 |
| 2024 | grand welcome franchising member equity at dec 31 2024 | $2,766,653 |
| 2024 | grand welcome franchising cash at dec 31 2024 | $4,558,490 |
| 2024 | grand welcome franchising total liabilities at dec 31 2024 | $11,048,902 |
These figures describe the franchisor company, not individual franchise locations.
What changed from 2025 to 2026
- Franchise fee: $49,000 → $49,000
- System size: 140 → 128 units
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 3 annual minimum royalty Year 2
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 2 $ 15200 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 2 annual minimum royalty Year 2
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 2 $ 7600 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 2 annual minimum royalty Year 5+
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 5+ $ 7600 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 3 annual minimum royalty Year 1
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 1 $ 15200 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 2 annual minimum royalty Year 3
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 3 $ 7600 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 4 annual minimum royalty Year 2
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 2 $ 22800 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 4 annual minimum royalty Year 1
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 1 $ 22800 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 2 annual minimum royalty Year 4
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 4 $ 7600 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 4 annual minimum royalty Year 3
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 3 $ 22800 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 3 annual minimum royalty Year 5+
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 5+ $ 15200 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 3 annual minimum royalty Year 3
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 3 $ 15200 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 4 annual minimum royalty Year 4
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 4 $ 22800 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 4 annual minimum royalty Year 5+
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 5+ $ 22800 $”
Note: The cited quote could not be located on the cited FDD page.
Item 6 · PDF p. 15 · 2025 FDD
Our summary: Tier 3 annual minimum royalty Year 4
“Minimum Annual Royalty Requirements Tier 2 Tier 3 Tier 4 Year 4 $ 15200 $”
Note: The cited quote could not be located on the cited FDD page.
Item 12 · PDF p. 28 · 2025 FDD
Our summary: Exclusive territory: Yes, one designated territory, conditioned on remaining in good standing
“You will receive an exclusive territory. During the term of your Franchise Agreement, and provided that you are not in default of your Franchise Agreement, we will not open another Grand Welcome outlet or grant the right to anyone else to open a Grand Welcome outlet within the Territory.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 12 · PDF p. 29 · 2025 FDD
Our summary: Territory rights may be reduced after uncured material default
“Any material default of the Franchise Agreement, including non-payment of any outstanding amount due to Franchisor, that is not cured within thirty (30) days of receiving notice shall result in Franchisor having the right to reduce the size of your Territory or terminate your Franchise Agreement.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 12 · PDF p. 28 · 2025 FDD
Our summary: Territorial protection includes reserved rights for other products, concepts, and alternative channels
“However, notwithstanding this limited protection right we grant to you, we reserve all rights to sell in the Territory, either directly or through others, (i) other products and services, such as rental insurance for homeowners, not offered under the Marks (ii) other property management concepts or products under the Marks, and (iii) through alternative distribution channels”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
Compare Grand Welcome with…
VSCompare Grand Welcome with…
VS