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2nd Family Franchise Opportunity

Minimum Investment

$119,825

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Established

2012

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Franchise Units

22

payments

Minimum Investment

$119,825

payments

Franchise Fee

$60,000

payments

Total Investment Range

$217,500

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Home Based

Yes

Description

2nd Family is a unique in-home care franchise that combines compassionate caregiving with cutting-edge technology to deliver exceptional service to seniors and their families. With a commitment to only hiring caregivers they'd trust with their own loved ones, 2nd Family sets a high standard for quality care. Every caregiver is carefully screened for empathy, professionalism, and the ability to build lasting relationships.

Franchise owners benefit from a proven business model built on personalized care, operational efficiency, and advanced tools for scheduling, billing, communication, and payroll. Based in Eldersburg, MD, the 2nd Family support team is made up of certified nursing assistants—offering unmatched guidance and support to franchisees as they build a meaningful and rewarding business in the senior care industry.


Background

Established: 2012
First Unit Franchised: 2020
Franchise Units Awarded: 22
Company Owned Units: 1
Registered in all states except CA, DE, HI, IL, LA, MD, MN, NJ, NY, ND, RI, SD, VA, WA

Sold Out: Baltimore, MD

Canada Franchises: No

International Franchises: No



Support Training

Financial Assistance Provided: Yes (third-party)
Recruiting Assistance: Yes
Cooperative Advertising: No

Training 

Pre-opening training programs, including remote learning prior to corporate-based training, followed by both classroom and in-the-field assistance, as well as on-site in your local territory. Training will cover sales presentations to prospective clients, activities to help develop relationships with influencers, and finding and training caregivers, as well as general business operating procedures and management.  

Support

  • 2nd Family University

  • Franchise Support Portal

  • 2nd Family App

  • RN Care Coordinator

  • Cloud-Based Software

  • Personalized Franchise Support Staff

  • Monthly accountability meetings with franchisor

  • Launch guide


Ideal Candidate

Ideal Candidate:

  • Has B2B Sales Experience
  • Marketing/Communications Experience
  • Personal Reference Point (experience using similar services)/Compassion for Care being Provided
  • Hands on/boots on the ground approach
  • Wants to make a difference in their community and wants to build a legacy

Role of the Owner:

  • Functions as the face of the business in the community, developing referral relationships with the many facilities in their area to generate business. 
  • Focuses on administrative duties and day to day operations with the RN, caregivers and clients.
  • Manage your virtual assistant as you work to add caregivers to your "roster".


Financial Detail

Liquidity Required: $250,000
Total Investment: $119,825 - $217,500
Minimum Net Worth: $450,000
Royalty: 5.5%

Ad: 1%
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Semi-passive is available after 36 months of successfully running the business as an owner/operator.
Home-Based: Yes (per state regulations)
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, $5,000 off of the first license

Franchise Fee:

$60,000 - 1 unit

$110,000 - 2 units

$135,000 - 3 units

$180,000 - 4 units

$225,000 - 5 units

$240,000 - 6 units

$280,000 - 7 units

$320,000 - 8 units

$360,000 - 9 units

10+units: $35,000 apiece



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