2nd Family
2ND FAMILY FRANCHISING, LLC
Free for qualified buyers
Investment Range
$119,825 - $217,500
Franchise Fee
$55,000
Royalty
5.5%
Marketing Fee
1%
Total Units
6
Median Revenue
$785,780/yr
AI Summary
2nd Family is an established non-medical home care franchise, operating and franchising for 8 years, offering protected territories defined by demographics and requiring an initial investment between $119,825 and $217,500. Franchisees pay a 5.5% royalty and must meet significant local advertising requirements, but the system demonstrates strong performance, with the average franchised unit reporting $1,182,502 in gross sales for 2024. Although the franchisor recently achieved positive net equity, potential franchisees should note the FDD includes a risk disclosure regarding the franchisor's ability to provide support.
Unit Growth
2022
6
2023
7
2024
6
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| Initial Franchise Fee¹ | $60,000 | $60,000 |
| Your Training Expenses² | $2,000 | $5,000 |
| Rent deposits ³ | $3,000 | $8,000 |
| Utilities Deposits⁴ | $200 | $500 |
| Leasehold Improvements | $0 | $3,000 |
| + 12 more categories (apply to see all) | ||
| TOTAL INVESTMENT | $119,825 | $217,500 |
Financial Performance Data
Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.
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Apply for Free AccessIs 2nd Family a Good Investment?
Based on the FDD data, here are key factors to consider when evaluating a 2nd Family franchise opportunity:
Potential Advantages
- •Clean legal record with no disclosed litigation or bankruptcy
- •Financial Performance Representation (Item 19) available for review
Considerations
- •Smaller franchise network may offer less brand recognition
- •Declining unit count may indicate market challenges
Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.
Frequently Asked Questions About 2nd Family
How much does a 2nd Family franchise cost?
The total initial investment for a 2nd Family franchise ranges from $119,825 to $217,500. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.
What is the 2nd Family franchise fee?
The initial franchise fee for 2nd Family ranges from $55,000 to $60,000.
What are the ongoing fees for a 2nd Family franchise?
2nd Family franchisees pay a 5.5% royalty fee and a 1% marketing/advertising fee on an ongoing basis.
How many 2nd Family franchise locations are there?
2nd Family currently operates 6 franchise locations. This includes both franchised and company-owned units.
Quick Facts
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- Historical year-over-year trends
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