2nd Family
Who are we
What to know about 2nd Family franchise? Starting a 2nd Family franchise can be a great way to get your business career off to a solid start. 2nd Family is a well-established franchise brand that has been in business since 2012. The company was founded to provide quality in-home care services to families across the United States. 2nd Family began franchising in 2017 and has since grown to become one of the leading providers of in-home care services in the country. The total investment is $92,520 – $150,039, which includes the franchise fee of $49,500, and royalty of 5% of Gross Sales. The Net Worth Requirement is $350,000, and Liquid Asset Requirement is $100,000. Some benefits of starting a 2nd Family franchise include the exclusive right to use 2nd Family's name and logo, access to their proven business model and support system, ongoing training and assistance from their team of experts, and the ability to get involved in an industry that is growing rapidly. If you are looking for a business opportunity with high potential for growth and profitability, then starting a 2nd Family franchise may be the perfect option for you. Their proven business model, low initial investment, and commitment to excellence make 2nd Family the perfect choice for those looking to start their own business in the in-home care industry. 2nd Family is based in Eldersburg, MD. Scroll down to learn more!How much does a 2nd Family franchise cost?Are you wondering how much is a 2nd Family franchise? Before starting a 2nd Family franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a 2nd Family franchise is $100,305 and can go all the way up to $166,299. Keep in mind, you should also allocate additional funds to live off of while the 2nd Family business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 2nd Family franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a 2nd Family business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your 2nd Family franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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How much will it cost
- $52,500
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