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2nd Family

Information based on 2023 FDD
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Brand Highlights
  • Founded in 2012
  • Franchising Since 2017
  • 6 US Franchises
  • $112,325 - $198,500 Investment Range
  • $1,120,038 Average Gross Revenue
  • 5% Royalty Fee
  • $60,000 Franchise Fee
Pre-qualification Amount

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Brand Description

2nd Family stands at the forefront of compassionate senior care, offering essential in-home care services that allow elderly individuals to maintain their independence while receiving professional support in familiar surroundings. Founded in 2012, this growing franchise has established itself as a trusted name in the senior care industry, addressing the increasing demand for quality home care services across the nation.

At the heart of 2nd Family's mission is the understanding that every senior deserves to age with dignity and comfort in their own home. Their comprehensive care model encompasses everything from daily assistance with personal care and medication management to companionship and specialized memory care services. What sets 2nd Family apart is their personalized approach to care, treating each client as a unique individual with specific needs and preferences.

The franchise operates with a dual focus on excellence in care delivery and business success. Their proven business model provides franchise owners with extensive training, operational support, and marketing assistance, enabling them to build thriving businesses while making a meaningful impact in their communities. As the aging population continues to grow, 2nd Family's services become increasingly vital to families seeking reliable, professional care solutions for their loved ones.

For entrepreneurs looking to enter the rewarding senior care industry, 2nd Family offers a unique opportunity to combine business ownership with social impact. Their established systems and ongoing support help franchise owners navigate the complexities of healthcare regulations while building strong relationships within their communities. With the senior care sector projected for continued growth, 2nd Family positions itself as a forward-thinking leader in this essential service industry.

Financial Summary
Franchise Fee
$60,000
Investment Range
$112,325 - $198,500
Investment Midpoint
$155,413
Minimum Cash Required
$112,325
Royalty Fees
5%
Brand Fund
$500/mo
Brand Bragging Rights
Coming soon
Financial Analysis
2nd Family presents a compelling investment opportunity in the growing senior care sector, with an investment range of $112,325 - $198,500, slightly higher than the sub-sector average of $103,192 - $179,147. This premium positioning suggests comprehensive support systems and robust operational infrastructure. The franchise's average gross revenue of $1,120,038 falls about 21% below the sub-sector average of $1,421,306, though this may reflect its younger market presence and growth phase since establishment in 2012.

With 7 operating units, 2nd Family demonstrates measured growth and careful expansion, prioritizing operational excellence over rapid scaling. The senior care sector benefits from strong demographic tailwinds, with the aging U.S. population driving increased demand for in-home care services. According to the U.S. Census Bureau, adults aged 65+ will exceed 77 million by 2034, supporting long-term growth prospects.

ROI potential typically ranges from 24-36 months, contingent on market penetration and operational efficiency. Key success factors include caregiver recruitment/retention, quality control, and local marketing effectiveness. The relatively high initial investment suggests comprehensive territory rights and robust support systems, though investors should maintain adequate working capital for the ramp-up period.

Ideal investors should have healthcare management experience or strong operational backgrounds, with $150,000+ in liquid capital. The Charlotte market presents particular opportunities given North Carolina's growing retiree population and healthcare infrastructure.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like 2nd Family. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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Location Analysis
2nd Family, operating in the growing senior care industry, maintains a focused presence across select markets. Established in 2012, this relatively young franchise operates in the competitive in-home care sector, demonstrating a strategic approach to market development. Their concentrated operational footprint suggests a controlled growth approach typical of quality-focused senior care providers.

Note: Limited operational data is available for this franchise, including absence of ratings, specific location details, and state distribution information.

The ideal location profile for a 2nd Family franchise typically centers on metropolitan areas with aging populations and higher median household incomes. Successful locations generally require proximity to retirement communities, medical facilities, and affluent suburbs where families can afford private senior care services. Key demographic indicators should include a significant 65+ population segment and strong healthcare infrastructure.

For location selection, prospective franchisees should prioritize areas with robust healthcare networks, established retirement communities, and favorable regulatory environments for senior care services. The current selective market presence indicates potential expansion opportunities, particularly in markets demonstrating strong demographic alignment with senior care services. However, thorough market research is essential given the limited available performance data for existing locations.
Total US Locations7
Open Franchises6
Corporate Locations1
Average Sq. FootN/A sq/ft
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind 2nd Family. Learn about the experience and expertise of the executive team guiding 2nd Family's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

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Bankruptcy

Review 2nd Family's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about 2nd Family's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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