Griswold
Everything below is Griswold's own required public disclosure, presented neutrally. Chips link to the exact page of the source document.
Revenue is not profit. One statistic per brand, chosen by a published rule set; brands compare only inside the same group.
- FN-COHORT-EXCLUSIONS Brand excluded specific units from this cohort; see exclusion note.
- FN-COMPARABILITY-GROUP Brands are compared only within the same comparability group (unit basis, revenue definition, cohort maturity). The group label is shown beside every comparison.
- FN-HEADLINE-COHORT The headline figure is one Item 19 statistic chosen per brand by a published, versioned rule set (franchised, unit-level, mature, all eligible units, largest count, latest year, median first); the other disclosed cohorts remain available.
- FN-REV-DEF-VARIES Revenue definitions differ by brand (Gross Sales/Revenue(s)/Receipts/Billings, Net Billings, etc.); see each brand's verbatim definition.
- FN-UNIT-BASIS Reporting unit is the brand's own (business/territory/outlet); composites never mix bases.
From the audited financial statements attached to the FDD — the corporate entity, not its franchisees.
Whose numbers these are: Figures are Griswold International, LLC and Subsidiary; the franchisor consolidated with its own subsidiaries; consolidating Griswold International, LLC.
Audited by RSM US LLP · unmodified opinion · pass through for tax FDD p. 209 ↗
| Line | FY2024 | FY2025 |
|---|---|---|
| Total revenue | $22.97M | $23.83M |
| Royalties collected | — | — |
| Operating income | $-2.47M | $2.46M |
| Net income | $-2.96M | $1.51M |
| Equity | $15.16M | $7.95M |
- FN-STATEMENT-SET Figures come from one audited statement package (entity, report, fiscal year-end); a later package supersedes the comparative years of an earlier one, and packages for other entities are never blended.
- Senior Director of IT · GHC, Blue Bell, PA · November 2021 – present
- IT Manager · ASTM International, Conshohocken, PA · June 2020 – November 2021
- IT Senior Manager · The University of Pennsylvania, Philadelphia, PA · January 2007 – February 2020
- Director · GHC · October 2013 – present
- Managing Partner · Insight to Execution, Memphis, Tennessee · September 2012 – present
- Member · Grandview, LLC, Little Rock, Arkansas · November 2012 – present
- Director · ECP-PF Holdings Group, Boston, Massachusetts · November 2015 – present
- Vice President of Sales and Operations · GHC, Blue Bell, Pennsylvania · June 2025 – present
- Senior Director of Sales and Operations · GHC, Blue Bell, Pennsylvania · October 2020 – May 2025
- Senior Manager of Compliance · GHC · January 2019 – present
- Human Resources and Compliance Specialist · GHC · May 2018 – December 2019
- Paraprofessional · Radnor Township School District, Wayne, Pennsylvania · November 2016 – April 2018
- Account Manager · Financial Health Services, Inc., Plymouth Meeting, Pennsylvania · November 2001 – May 2016
- Director of Marketing · GHC, Blue Bell, Pennsylvania · January 2022 – present
- Marketing Specialist · Accurex Measurement, Swarthmore, Pennsylvania · October 2016 – January 2022
- Director · GHC · July 2025 – present
- Senior Associate · Pouschine Cook Capital Management, New York, New York · January 2025 – present
- Vice President · Chaac Ventures, Santa Monica, California · June 2023 – present
- various roles · Anheuser-Busch, New York, New York · June 2017 – August 2022
- Director · GHC · October 2018 – present
- Principal · Pouschine Cook Capital Management, LLC, New York, New York · August 2017 – present
- advisor · GH Partners, New York, New York · June 2017 – present
- partner · Breazy, Inc., Brooklyn, New York · February 2016 – March 2017
- Chief Financial Officer · GHC (Griswold International, LLC) · February 2021 – present
- VP Finance / Interim CFO · BioMatrix Specialty Pharmacy, Plantation, Florida · November 2017 – January 2021
- Director of Finances and Accounting · Comcast / NBC Universal, Sunrise, Florida · September 2016 – November 2017
- Area CFO / Finance Director · US Foods, Boca Raton Florida and Fairburn, Georgia · February 2012 – September 2016
- Director · GHC · November 10, 2020 – present
- Board Chair · Satellite Healthcare, San Jose, California · June 2015 – present
- Board Member · Teleperformance, Paris, France · May 2014 – present
- Board Member · ImmunityBio, Los Angeles, California · November 2020 – present
- Director · GHC · December 2012 – present
- interim Chief Executive Officer · GHC · May 2019 – February 2020
- Managing Member · Pouschine Cook Capital Management, LLC, New York, New York · March 1999 – present
- Director · GHC · February 2023 – present
- Consultant · GHC, Blue Bell, PA · October 2017 – December 2019
- Contractor/Consultant · United States Department of Justice, Eastern District of PA · December 2019 – December 2020
- Chief Executive Officer · GHC (Griswold International, LLC) · February 2020 – present
- Chief Financial Officer · BioMatrix Specialty Pharmacy, Plantation, Florida · August 2018 – January 2020
- Chief Operating Officer · Interim HealthCare, Sunrise, Florida · January 2014 – December 2017
- Chief Financial Officer · Interim HealthCare, Sunrise, Florida · December 2007 – December 2017
- Chief Operating Officer · GHC (Griswold International, LLC) · June 2021 – present
- Chief Revenue Officer · Homecare.com, McLean, Virginia · June 2020 – June 2021
- VP of New Franchise Support · Interim HealthCare, Inc., Sunrise, Florida · February 2013 – June 2020
Required public disclosures from Griswold's own FDD, reproduced neutrally. A disclosure is not a judgment of wrongdoing.
Plaintiff alleged misrepresentation, breach of contract, fraud and/or violations of franchise laws, claiming he purchased a franchise based upon representations that GHC had a viable system under which non-medical home care providers operated as independent contractors and that GHC continued to represent it was not affected by changes in healthcare regulations, and that he was induced into a franchise agreement for a business substantially different than presented. Plaintiff sought damages in excess of $500,000.
Status: GHC denied all claims. On or about May 19, 2016, the case was dismissed with prejudice pursuant to the Global Settlement Agreement.
“GHC denied all claims. On or about May 19, 2016, the case was dismissed with prejudice pursuant to the terms of the settlement agreement described below under "Global Settlement Agreement."”
Plaintiffs alleged negligence, gross negligence and common law fraud as a result of acts committed against Carolyn MacPhee by a former independent contractor of DeCoursin that was matched by DeCoursin with Carolyn MacPhee, as well as certain representations that were apparently made to Plaintiff.
Status: On or around May 12, 2021, the parties executed a Settlement Agreement and Release where GHC did not admit any liability and paid Plaintiffs $34,848.25 in exchange for a release of claims.
“GHC did not admit any liability and paid Plaintiffs $34,848.25 in exchange for a release of claims.”
Plaintiffs alleged claims arising under the California Franchise Investment Law, the California Franchise Relations Act (CFRA), and claims for fraud and breach of contract, asserting that a recent change in California law regarding payment of overtime wages to caregivers adversely impacted their Franchises and that Defendants misrepresented the manner in which the Franchise could be operated in California.
Status: Motion to dismiss granted in part and denied in part; CFRA claims dismissed and complaint dismissed as to Individual Defendants other than Graham Weihmiller. Certain claims voluntarily dismissed September 19, 2014. On or about May 19, 2016, the case was dismissed with prejudice pursuant to the Global Settlement Agreement.
“On or about May 19, 2016, the case was dismissed with prejudice pursuant to the terms of the settlement agreement described below under "Global Settlement Agreement."”
Franchisee, one of the remaining franchisees operating under the Registry Business Model, filed a complaint for breach of contract and unjust enrichment, seeking to be indemnified for losses caused by a now-resolved enforcement action against Franchisee by the Louisiana Department of Health in 2021.
Status: On December 12, 2024, following arbitration, the Arbitrator issued an interim award in favor of the Franchisee, finding the scope of the indemnity was broad enough to encompass damages caused by the Louisiana Department of Health. The interim award included damages of $2,601,840 plus reasonable counsel fees and costs equal to $1,614,263.21.
“The interim award included damages in the amount of $2,601,840 plus reasonable counsel fees and costs equal to $1,614,263.21.”
The Virginia Division alleged that Special Care, Inc. offered and granted a franchise in which it provided a disclosure document to the prospective purchaser which contained an untrue statement of material fact in violation of Section 13.1-563(b) of the Virginia Franchise Act and filed an inappropriate document with the Virginia Division.
Status: Settlement order issued September 27, 2004; Griswold Special Care, Inc. withdrew its pending franchise registration renewal application in Virginia without prejudice, reimbursed the Virginia Division $2,000 of costs of investigation, and agreed not to violate the Virginia Retail Franchising Act in the future. Allegations neither admitted nor denied.
“The Virginia Division's allegations were neither admitted or denied by Griswold Special Care, Inc.”
The Virginia Division alleged that Griswold Special Care, Inc. and its principal, Kent C. Griswold, violated the Virginia Franchise Act by offering or granting franchises in Virginia prior to registration, by failing to provide franchisees with the required franchise agreement and franchise disclosure document, and by violating the terms of the settlement order in Case Nos. SEC-2004-00001 and SEC-2004-00002.
Status: Settlement order issued May 29, 2009; Griswold Special Care, Inc. paid a $10,000 penalty, reimbursed the Virginia Division $5,000 of costs of investigation, agreed not to violate the Virginia Retail Franchising Act in the future, and offered rescission to its joint venture partners, who declined the offer. Allegations neither admitted nor denied.
“The Virginia Division's allegations were neither admitted nor denied.”
The Indiana Secretary of State, Securities Division, alleged that the respondents made false representations of material facts and/or omitted to state material facts in violation of the Indiana Franchise Act and/or 16 CFR 436.5 (a), (b) and (c). Relief sought included restitution, civil penalties, damages and a permanent ban from franchising in the state of Indiana.
Status: On April 19, 2016, the Securities Division issued a Judgment and Final Order under which the respondents were ordered to permanently cease and desist from violating the Indiana Franchise Act, pay a civil penalty of $8,000 and pay the costs of investigation of $5,000.
“pay a civil penalty in the amount of $8,000 and pay the costs of investigation of the Administrative Complaint in the amount of $5,000.”
Plaintiffs re-alleged their claims in the Anderson v. Griswold International action, including misrepresentation, breach of contract, fraud and/or violations of franchise laws.
Status: On or about May 19, 2016, the arbitration was dismissed with prejudice pursuant to the Global Settlement Agreement. Under the Global Settlement Agreement, GHC agreed to pay a lump sum of $700,000 to all plaintiffs and claimants in the Related Matters in return for a release of all claims against GHC and Weihmiller.
“GHC agreed to pay a lump sum of $700,000 to all plaintiffs and claimants.”
- initial franchise fee: $49,500You may increase the population in your territory up to 300,000 for an additional $5,000. Additional territory (up to 2 total): 15% discount off then-current Initial Franchise Fee (e.g., $49,500 discounted by $7,425 to $…
- royalty: 5% of Gross Receipts
- brand fund: The greater of $75 or 1% of Gross Receipts
- technology fee: $1,750 (First Year Computer Software Fee and Installation Fee)
- local marketing requirement: Minimum of $12,000 per year (reduced to $6,000 per year if you hire a dedicated sales and marketing professional or if jointly operated by 2 related adult family members). Also, required Local Marketing Program of $250/month for first six months, then optional $400/month Basic Plan or $600/month Plus Plan.
You will operate the Franchise within a protected territory within which you have the right to provide Services to Care Recipients (the "Territory"), subject to the exceptions described in Item 12 and in the Franchise Agreement. Territory is usually delineated by postal zip codes and/or geographic boundaries (e.g., county lines). Standard territory has a population the greater of 250,000 people or 25,000 senior citizens. You may increase the size of your territory up to 300,000 people for an additional $5,000. You may be able to purchase up to 1 additional territory. GHC will not open a GHC-owned location using the Marks or authorize any other party within your Territory that provides Services to Clients and Care Recipients, so long as you are not in default.
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