The Rent A Grandma program was a huge hit in the past, as I’m sure that we would be a lot more comfortable with an experienced babysitter it was still an infant. baby, Now we have a fresh concept that could provide an essential service when you’re trusting an individual with your most valuable possession, your kid’s. I vividly remember the first time we used an infant sitter, when our son was just seven months old. We probably called the number of half dozen times prior to when we ended the night and returned home early. I’m sure I would prefer to have the option of
Todd Colby Pliss likely had the same experience that inspired him to invent the idea of Rent A Grandma Business Opportunity . It was an amazing idea to combine Grandma’s with parents who were looking for an experienced babysitter. He already had 50 of Grandma’s names on the books and was ready to be rented out.
Pliss along with one of his grandma’s hired by him came to the Shark Tank looking for a $150k investment to purchase 20 percent of Rent-A Grandma Franchise Opportunity. The flagship store of his is at Los Angeles, Ca. All of the Grandma’s are certified as cookie makers and are always looking forward to baking fresh batches of cookies. Although it may sound silly, but it’s an original way to keep the phone in the phone.
The annual sales total of Rent A Grandma Business in the year 2000 Rent A Grandma Business was approximately $25,000.00 with each Grandma being rented out at a cost of $15 to $20 an hour, depending on your requirements. According Todd, according to Todd who writes about it, when you consider hiring a childsitter that costs $10 to $13 an hour, you get much more value for your budget. Geese, it’s true that I haven’t had an infant sitter in a while but can babysitters make enough money these days?
Kevin O’Leary starts crunching the figures following Todd states that the cut of companies typically amounts to 15 percent of the cost for babysitting. Kevin isn’t thrilled that Granny gets paid $55 for 5 hours of babysitting, when the cut will be 15 dollars. O’Leary states “It’s too little. We have to hug Granny Big time “.
Although the margins appear to be quite low, and that Rented Grandma making the majority of the profits, Pliss explains their customers pay in advance. The average of $1200 to $2400 that is paid in advance. This keeps cost of overhead to a minimum while revealing some decent profits upfront. After the Granny’s are on their schedule, the business work is completed.
In the final analysis, none of the Sharks seemed interested in the labour force that was renting Grandma’s and there was no agreement made during this particular episode of the Shark Tank Show.
Rent-A-Grandma Update
Todd did not get a contract with Shark Tank but that has not prevented from allowing the Rent A Grandma business to grow in a significant way. According to their website, he has over 340 grandmothers already signed up and ready to be rented. However, as hard as I tried, I was unable to find a listing of all the newly added Franchise places. I found new Rent A Grandma’s from Dallas to Ft. Lauderdale and one further away than Winnipeg, Canada, but there is no specific information about the new franchisees who are joining the franchise.
The rent A Grandma has also expanded the scope of its services that include children care, home care cooking cleaning, pet care and senior care tutoring, and even an individual assistant. You can actually hire a Grandmother to do almost anything you can like from your Grandma.
I couldn’t locate anything on the site however it appears that Pliss has also established his own Rent A Grandpa Business. It appears that the same web developer was responsible for both websites, so I’m going to assume that this is his business. It is possible to hire a grandpa to do anything and you’ll need to purchase memberships to avail these services.
If I’m reading this right it is possible to obtain a membership free of charge in the event that your region is being developed by Rent A Grandpa’s seeking job. However, once the list of consumers increases, you’ll require the membership to be able to hire them. I’m not sure that charging consumers for this service is the most efficient option, especially in the case that Angie’s list offers this service free, but I like the name.
