Owning a Grand Welcome franchise means making a financial investment. But unlike other franchises, we tailor the franchise fees to the destination you’ll be operating in. Your initial costs will vary based on a number of factors, including the potential vacation rental revenue and number of vacation properties in your destination. This allows us to provide the best possible value no matter where you are located.
Grand Welcome is operated as a home-based franchise typically to start and normally without any employees. This allows you to start the franchise business making a minimal cash investment and keeping your overhead low. This positions you with your Grand Welcome franchise to scale quicker than most brick and mortar or service-based franchise opportunities.
The total investment to open your Grand Welcome franchise, depending on your territory is only $65,100 – $161,500 (includes $25,000 – $35,000 in working capital)
We award vacation rental management franchises to qualified individuals who have the operational skills and financial wherewithal to sustain the business for the long-term. Based on the total investment stated above the qualified individual(s) who would be considered should possess the following financials:
Minimum Liquid Capital: $35,000 – $65,000 (non-borrowed funds)
Minimum Net Worth: $100,000 – $150,000
FICO Credit Score: 680 or higher
*A variety of 3rd party funding options are available to qualified applicants
*Discounts are offered to members of our Armed Forces and our First Responders