Grand Welcome is a vacation rental management franchise that helps homeowners maximize their rental income by providing full-service property management.
KEY FRANCHISE STATS
Franchisees
?
62
+
138%
138%
Franchise fee
?
$49,000
Investment
?
$68,000 - $170,000
Revenue (AUV)
?
Undisclosed
$220,000
+
n.a.
n.a.
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Founded in 2009 by Brandon Ezra in California, Grand Welcome began as a modest vacation rental management company overseeing a small portfolio of condominiums.
Recognizing the growing demand for short-term rentals, the company steadily expanded its operations and launched its franchising program in 2019 to broaden its national presence.
Today, Grand Welcome is headquartered in Torrance, California, and operates in more than 50 cities across 18 states, managing thousands of properties.
Grand Welcome offers a comprehensive suite of property management services tailored specifically for the short-term vacation rental market. What differentiates Grand Welcome from other property management franchises is its strong commitment to backend support.
Initial investment
The initial investment required for a Grand Welcome franchise is $68,000 - $170,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$49,000 – $109,000
Your Training Expenses
$1,000 – $3,000
Office Lease Deposit
$0 – $1,000
Office Furniture, Fixtures, Equipment and Supplies
$0 – $1,500
Licenses and Permits
$500 – $1,000
Real Estate Brokerage License
$0 – $5,000
Computer Systems
$500 – $3,500
Vehicle
$0 – $3,500
Vehicle Graphics
$250 – $500
Branding and Promotional Materials
$250 – $750
Professional Fees
$250 – $3,000
Insurance
$1,000 – $3,000
Additional Funds – 3 months
$15,000 – $35,000
Total
$67,750 – $169,750
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Type of Expenditure
Amount
Initial Franchise Fee
$49,000 – $109,000
Your Training Expenses
$1,000 – $3,000
Office Lease Deposit
$0 – $1,000
Office Furniture, Fixtures, Equipment and Supplies
$0 – $1,500
Licenses and Permits
$500 – $1,000
Real Estate Brokerage License
$0 – $5,000
Computer Systems
$500 – $3,500
Vehicle
$0 – $3,500
Vehicle Graphics
$250 – $500
Branding and Promotional Materials
$250 – $750
Professional Fees
$250 – $3,000
Insurance
$1,000 – $3,000
Additional Funds – 3 months
$15,000 – $35,000
Total
$67,750 – $169,750
Franchise Disclosure Document
Below is Grand Welcome's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Grand Welcome had 64 total units in 2025, of which 62 were franchised-owned and 2 company-owned.
Grand Welcome provides a structured training program designed to prepare franchisees for successful business operations. The training includes several key components as outlined below:
Initial Management Training Program: This is a mandatory two-week virtual training program that must be completed before starting operations. It includes course exams and a final certificate of training. In the franchisor’s discretion, franchisees may also be required to attend an additional two-day in-person field training with a Brand Ambassador.
Remedial Training: If the franchisee or designated trainee does not satisfactorily complete the Initial Training, the franchisor may require them to repeat components of the program or terminate the agreement.
Additional Training: Grand Welcome may require attendance at up to five days of additional training or national business meetings annually. These sessions can be mandatory or optional and may incur a reasonable tuition fee and travel expenses.
Territory Protection
Grand Welcome grants franchisees an exclusive territory based on defined geographic and revenue criteria, with a minimum Potential Territory Revenue (PTR) of $20 million. As long as the franchisee is in compliance, no other Grand Welcome outlet will operate within this area.
However, the franchisor retains the right to sell services within the territory under different trademarks or through alternate channels like online platforms and partnerships. Franchisees do not earn from these sales and risk territory reduction or termination if they default on the agreement.
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