Grand Welcome

Grand Welcome is a leading and emerging brand in the vacation rental industry offering full-service property
management services to vacation rental property owners and their guests. Grand Welcome is the VR management
expert that combines quality and consistency to allow guests to experience their destinations differently through
customized and excellent accommodations at an affordable price. Grand Welcome currently manages hundreds of
vacation rental properties in California, Hawaii, Colorado and Nevada and provides comprehensive support and training
to franchisees and is rapidly expanding across the US.
WHY Grand Welcome?
Rapidly expanding industry - vacation rentals are replacing hotels for travelers post-covid and already seeing record
bookings compared to 2019
Fastest growing segment of the $200 billion travel industry
Low investment - high ROI - strong unit economics and built to scale
OUR IDEAL FRANCHISEE
Customer service focused, ability to develop and nurture relationships
Ability to manage a small team of people eventually and vendors for cleaning and maintenance
Someone who owns vacation rental property or has stayed at airbnb type vacation properties or is involved in real estate
or property management.
AVAILABLE MARKETS
US markets available: ALL
HOT Regions/Desirable: AL, AZ, CA, CO, FL, GA, LA, MA, MS, PA, SC, TN, TX, UT
NOT available: -
Available in Canada: No
International Referrals: No
BACKGROUND
Year founded: 2009
Year Franchised: 2019
Number of franchises currently operating: 62
Number of corporate owned franchises: 8
Home Based: Yes
Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: None to start, 2-4 depending on scale of business
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: $49,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: $67,750 - $169,750
Net worth requirement: $350,000
Royalty: 8%
Additional fees: Brand Fund: 1% of net revenue;
Guest Targeted Marketing Fee: 1.5% of gross revenue
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
2 weeks comprehensive training provided to owner and designated manager if applicable. 1 week classroom training and
1 week in local corporate run location live
2 -3 days of in-market training shortly after opening.
Cost for Training: $1,200-$3,000
Lodging and airfare included: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: No
Length of mentoring Franchisee: N/A
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