2ND FAMILY HOMECARE AND SUPPORT SERVICES
2nd Family franchises operate non-medical home care and support services businesses, providing personal assistance, companionship, meal preparation, medication reminders, light housekeeping, transportation, and other care tasks to clients in their residences under the '2nd Family' trademarks and system standards. Franchisees serve designated territories with a business model focused on uniform operating procedures, training, and care standards. The target market includes senior citizens, disabled individuals, and those recovering from illnesses or injuries needing short- or long-term non-medical care.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5.5% royalty + 1% brand fund (greater of 1% or $500/mo, up to 2%) + $430/mo internal systems + $670/mo software
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data from 5 outlets (1 corporate, 4 franchised) in operation as of December 31, 2024.
* Average and median gross revenue were calculated for the franchised units (Locations 2, 3, 4, 5) using the '2024 Total' revenue figures from 'Part 2: Monthly Revenue 2024'. The specific revenues for these franchised locations were [2,815,000, 516,960, 1,074,760, 343,110]. Location 1 was identified as a corporate office per the Item 19 text and Footnote 3 on page 6, and was therefore excluded from franchised unit calculations. Profit metrics such as 'Revenue Less Disclosed Expenses' were available but were not explicitly labeled as 'Net Income', 'Net Profit', or 'EBITDA' as per the strict extraction rules, and thus were not extracted.
Extracted Item 19 Section
How 2ND FAMILY HOMECARE AND SUPPORT SERVICES Compares to Other Senior Care Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
2ND FAMILY HOMECARE AND SUPPORT SERVICES Current | $120K - $218K | $60K | 5.5% | 5 |
| SYNERGY HOME CARE | $78K - $159K | $53K | 5.0% | 550 |
| SENIOR HELPERS | $149K - $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K - $146K | $50K | 6.0% | 275 |
| COMFORCARE HOME CARE | $73K - $164K | $59K | 5.0% | 248 |
| FIRSTLIGHT HOME CARE | $127K - $219K | $50K | 5.0% | 238 |
Senior Care Average 43 franchises | $159K - $338K | $62K | 5.7% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchisees (2025 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise?
The total initial investment to open a 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise ranges from $119,825 to $217,500. This includes a franchise fee of $60,000. Ongoing royalty fees are 5.5% of gross sales.
How much revenue does a 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise make?
According to the 2025 FDD, the average gross revenue for a 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise is $1,187,457.5. The median revenue is $795,860.
How many 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise locations are there?
As of the 2025 FDD, 2ND FAMILY HOMECARE AND SUPPORT SERVICES has 5 franchise locations. The company has been franchising since 2017.
Can you get an SBA loan for a 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchise?
Yes, SBA loans are available for 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchises. Historical data shows 1 SBA 7(a) loans have been approved for 2ND FAMILY HOMECARE AND SUPPORT SERVICES franchisees, with an average loan amount of $140,600. The historical default rate is 0.0%.
Is 2ND FAMILY HOMECARE AND SUPPORT SERVICES a good franchise to buy?
2ND FAMILY HOMECARE AND SUPPORT SERVICES shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in 2ND FAMILY HOMECARE AND SUPPORT SERVICES?
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