2nd Family
Provides non-medical senior care and support services in clients’ residences, including personal assistance, companionship, meal preparation, medication reminders, light housekeeping, transportation, and other home care tasks.
Your franchise match score
Senior Care
Brand super powers
Cater to higher needs clients with our RN Coordinator
HR Recruiting Launch Guide & Caregiver Hiring Assistance
Brand highlights
- CEO
- Headquarters1532 Liberty Road, Eldersburg, MD, 21784
- Year founded2017
- Year started franchising2017
- IndustrySenior Care
- Locations open7 (+5 last three years)
Statistics & metrics
- Investment range$112,325 - $198,500
- Franchise fee$60,000
- Royalty5.5% of Gross Revenue, with a minimum royalty in the following amounts: Months 7-12, $500 monthly; Months 13-24, $800 monthly; Months 25 through the remainder of the term $1,200 monthly; Months 25 through the remainder of the term for 2+ territories, $2,000 monthly;
- Brand fundSystem Marketing Fund Contribution 1% of Gross Revenue or $500 per month, whichever is greater. Up to 2% of Gross Revenue or $36, 000 per year
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Senior Care industry:
The senior care industry provides essential services, from in-home care to assisted living facilities. With an aging population, this sector offers a meaningful and rapidly growing opportunity for business owners.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-06-03
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about 2nd Family, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of 2nd Family's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving 2nd Family, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a 2nd Family franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information 2nd Family provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 7 |
| Franchise locations | 6 |
| Corporate locations | 1 |
System growth over time
FAQs
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