Grand Welcome
Real Estate & Property · Property Management
- Active units
- 62
- Royalty
- 8.0%
Franchised, year-end 2024
of weekly Net Sales
About Grand Welcome
Introducing Grand Welcome, a local, family-owned brand offering full-service vacation rental property management in beautiful Lake Geneva, WI. With a team dedicated to providing top-notch service, they handle everything from listing your property on popular booking platforms like Airbnb and Vrbo, to reservations, customer support, cleaning, restocking, maintenance, permits, and taxes. As a locally owned and operated company, they have a deep understanding of the Lake Geneva area and its attractions. Grand Welcome takes pride in taking care of every aspect of your vacation rental, allowing you to sit back and relax while they handle bookings, guest services, and ensuring your property is in pristine condition. Their easy three-step process involves a 15-minute chat to discuss your property and goals, creating a custom management plan, and taking care of listing and earning revenue for you. With a 5-star customer rating on Google, Grand Welcome is the perfect choice for exceptional Lake Geneva vacation rental management. Reach out to Tim Bauman and his dedicated team at (262) 205-7122 to learn more and experience the true meaning of stress-free property management.
Key terms
- Second territory discount
25% discount on the then-current initial franchise fee for a second territory
- Brand fund
1.0% of Net Sales
- Veteran discount
15.0% off franchise fee — 15% discount on the Initial Franchise Fee to first responders and veterans (honorably discharged) who meet requirements
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations62
Franchised units open at year-end
- New openings12
Gross new units opened during the calendar year
- 1-year unit growth rate-3.1%
Net unit growth versus prior year
- 3-year unit CAGR54.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$119k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.