2nd Family Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

6
+
100%
100%
Investment required

?

$112,000 - $199,000
Revenue (AUV)

?

$204,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Initial franchise fee

?

$60,000
Royalty fees

?

5.50%
+
3.00%
Operating Profit

?

n.a.

Pro
Franchisees

?

6
+
100%
100%
Investment required

?

$112,000 - $199,000
Franchise fee

?

$60,000
Royalty fees

?

5.50%
+
3.00%
Revenue (AUV)

?

$204,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Operating Profit

?

n.a.

Pro

2nd Family: Redefining Senior Home Care with Compassion and Innovation

2nd Family is a senior in-home care franchise founded in 2012 by cousins Chad Tracey and Joshua Markland in Eldersburg, Maryland. The company was born from their personal experience seeking quality care for their aging grandmother, leading them to create a service that prioritizes compassionate, professional care for seniors.

Headquartered in Eldersburg, MD, 2nd Family began franchising in 2018 and has since expanded its reach across the United States.

The franchise offers a comprehensive range of non-medical home care services, including personal care, dementia and Alzheimer’s support, companion care, respite care, and senior transportation.

A key differentiator is their "Grandma Guarantee®," ensuring that caregivers are selected with the same care and consideration as if they were entrusted with the founders' own grandmother.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $60,000
Your Training Expenses $2,000 - $3,000
Rent deposits $1,000 - $5,000
Utilities Deposits $200 - $500
Office Furniture, Fixtures, Equipment and Supplies $1,000 - $4,000
Signage $600 - $5,500
Licenses and Permits $25 - $10,000
Licensing Consultant Services Fee $2,000 - $15,000
Computer Systems $3,500 - $8,500
Initial Inventory to Begin Operating $2,000 - $3,000
Professional Fees $1,000 - $5,000
Grand Opening Advertising $10,000 - $20,000
Insurance $5,000 - $15,000 (annually)
System Platforms Charge $4,000
Operating Expenses / Additional Funds – 3 months $20,000 - $40,000
TOTAL $112,325 - $198,500

Franchise Disclosure Document

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Competitors

Franchise
Franchisees
Growth
Initial fee
Investment
Revenue
Gross Profit
Operating Profit
Industry

6

+
100%
100%
No growth
New

$60,000

$112,000

-

$199,000

n.a.

$204,000

Pro

41.1%

Pro

n.a.

Pro

Senior Care

Training

2nd Family provides a comprehensive training program for its franchisees. Here are the main training programs and related requirements provided by the Franchisor:

  1. Initial Training Program: The initial training is held in Eldersburg, Maryland. There is no charge for training up to two people; however, the franchisee is responsible for all travel and incidental expenses, including airfare, transportation, hotel, and meals. If additional personnel need to be trained, there is a fee of $1,500 per person.
  2. Additional and Remedial Training: If additional training is required—either requested by the franchisee or mandated by the franchisor due to underperformance—there is a training fee. This is calculated at the current trainer per diem rate (currently $300/day), plus travel and other related expenses. This training may be conducted in the franchisee’s territory if needed.
  3. Mandatory Ongoing Training: The franchisor may require the franchisee to attend mandatory additional training programs or a national convention for up to three days per year. These are designed to keep the franchisee updated with system improvements and best practices. A reasonable fee may be imposed for participation, and all related travel and accommodation costs are borne by the franchisee.

Territory Protection

The franchise 2nd Family provides its franchisees with territory protection through a designated geographic area referred to as the “Protected Area.” Within this area, the franchisor agrees not to operate, or license others to operate, another 2nd Family outlet.

This helps franchisees establish and grow their business with some assurance of market exclusivity. However, the franchisor retains the right to conduct marketing campaigns, including advertising and promotional efforts, across any area, including within a franchisee’s Protected Area.

This means that although another physical outlet won’t be allowed, the brand may still engage clients within the territory through broader campaigns. The franchisee remains responsible for leveraging local advertising to support their business despite this shared promotional activity.

Number of units

2024
Franchised units

3

5

6

Company-owned units

1

1

1

Total units

4

6

7

Competitors

Signal Health Group

Investment required
$40,000
-
$290,000
Franchisees
13
+
86%
86%

One You Love Homecare

Investment required
$95,000
-
$171,000
Franchisees
17
+
42%
42%

Executive Home Care

Investment required
$102,000
-
$145,000
Franchisees
18
+
38%
38%

Visiting Angels

Investment required
$125,000
-
$171,000
Franchisees
536
+
-2%
-2%

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