Your local business. Our operating engine.

The total estimated initial investment is $39,500 to $189,750 per the 2026 FDD. That includes the initial franchise fee ($19,000–$109,000 by territory tier), property-owner marketing for the first three months, three months of additional operating funds, licenses and a real-estate brokerage license, office equipment and computers, insurance, training travel, and professional fees. Training for two owners and a general manager is included in the franchise fee.

As of May 15, 2026, more than 230 markets across 48 states are open for development. High-demand markets like Palm Springs, Breckenridge, Nashville, Destin and Whitefish are already claimed, but many coastal, mountain, lake and metro territories remain open. Request the open-territory list for the states you’re interested in — availability changes often and is confirmed during territory analysis.

No. Many of our franchisees come from hospitality, real estate, or general business backgrounds. What you do need: local market knowledge, willingness to be an owner-operator (not a passive investor), and the capital to fund both the franchise fee and the early months before revenue stabilizes.

Territories are sized by Potential Territory Revenue (PTR) — the third-party-estimated total short-term rental revenue available in a defined area. Tier 1 is PTR $1–20M, Tier 2 is $20–60M, Tier 3 is $60–100M, and Tier 4 is $100–140M. Each territory is protected: we won’t open another Grand Welcome outlet inside it during your term.

Onboarding, a two-week virtual training program plus optional in-person days with a brand ambassador, access to the proprietary technology platform, listing setup on all major OTAs, brand assets, and the Operations Manual. The fee is fully earned at signing and non-refundable.

A plain-English overview of the Grand Welcome model: how the operating platform supports you, the steps from inquiry to launch, the estimated initial investment, the kinds of candidates who do well, and how territories are sized. Complete the short form and we’ll send it over — no obligation.

Yes — most franchisees do, at least to start. You cannot meet guests or owners at your home, and in certain markets we may require a commercial office. The FDD initial-investment table assumes a home office on the low end and a commercial office on the high end.

Owner acquisition is built into the model. You follow a property-owner marketing playbook with templates and local-marketing guidance, list under a national brand owners recognize, and get ongoing Franchise Success support. Property-owner marketing spend steps down once you build your portfolio — the early push is what gets you there.

If you’re in good standing, you can sign a successor agreement for an additional five years; successor terms may differ from your original agreement. The full terms around renewal, transfer and termination are spelled out in Items 17 and the Franchise Agreement — read them and talk to a franchise attorney before signing.