Grand Welcome franchise
A Grand Welcome franchisee manages short-term and mid-term vacation rentals and corporate housing. At the end of 2025 there were 64 Grand Welcome locations in the US, 61 franchised and 3 company-owned.
- Cost to open
- $40K–$190K
- Franchise fee
- $19K–$109K
- Royalty
- 3%–5% + minimum
- Locations, 2025
- 64+26 in 3 yrs
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Company snapshot
- SBA loans
- On the SBA Franchise Directory
From GRAND WELCOME FRANCHISING, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Grand Welcome franchise costs
Opening one territory costs an estimated $39,500 to $189,750. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: GRAND WELCOME FRANCHISING, LLC, 2026 filing, page 19
Grand Welcome franchise fee
The franchise fee is $19,000 to $109,000, New-business territory tiers; an existing qualifying business pays a $30,000 conversion fee.. You pay it when you sign the franchise agreement.
Source: GRAND WELCOME FRANCHISING, LLC, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | Tiered gross-revenue royalties of 5% on the first $2 million, 4.5% on the next $2 million, 4% through $7 million, 3.5% through $10 million and 3% above $10 million; annual minimums apply. |
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The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: GRAND WELCOME FRANCHISING, LLC, 2026 filing, page 11
Sales and earnings
Shares figures Grand Welcome publishes sales or earnings figures for its locations: Results distinguish franchised territories from corporate territories and exclude specified partial-year or combined territories.. The full tables, with notes on which locations are counted, are in its filing.
Source: GRAND WELCOME FRANCHISING, LLC, 2026 filing, page 43
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 69 (+34) | 6 | 5 |
| 2024 | 71 (+2) | 2 | 9 |
| 2025 | 61 (−10) | 3 | 17 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: GRAND WELCOME FRANCHISING, LLC, 2026 filing, page 46





