2nd Family Home Care Franchise Cost

2nd Family Franchise Support

How Much Does a 2nd Family Franchise Cost?

There are many reasons why you might be looking at a 2nd Family home care franchise business opportunity: You want to take advantage of an increasingly popular business model or leverage the growth potential in an established brand to add to your portfolio. Here are a few things to consider as you evaluate the investment needed to take advantage of this home care franchise opportunity.

Getting Started: The total investment necessary to begin operation of a 2nd Family start-up franchise is estimated to be between $84,020 and $139,539. This includes an initial franchise fee of $45,000.

Potential ROI: To give you a better idea of what franchise royalties 2nd Family requires, as well as to learn more about franchisees past return on investment ask about our item 19 information.

Financing: While 2nd Family doesn’t offer any direct or indirect financing, we may be able to refer you to third party financing resources on a case-by-case basis.

We currently offer a 10% discount on the Initial Franchise Fee to veterans of the U.S.
armed forces who have been honorably discharged from the military and who otherwise
meet our requirements.

 

Here’s a breakdown of your estimated initial franchise investment:

Type of Expenditure Amount Method of Payment
Initial Franchise Fee $45,000 Lump sum payment in cash or available funds.
Your Training Expenses $1,950 – $2,500 As required for transportation, lodging & meals
Rent deposits $1,000 – $1,667 As required by landlord
Utilities Deposits $200 – $500 As required by utility providers
Office Furniture, Fixtures, Equipment and Supplies $1,000- $3,135 As required by supplier
Signage $600 – $2,500 As incurred
Licenses and Permits $500 – $3,000 As required by government agencies
Computer Systems $3,500 – $7,237 As required by suppliers
Initial Inventory to Begin Operating $2,270 – $3,000 As required by suppliers
Professional Fees $1,000 – $3,000 As required by providers
Grand Opening Advertising $10,000- $20,000 As required by supplier
Insurance $3,000 – $10,000 (annually) As required by insurer
Operating Expenses / Additional Funds – 3 months $14,000 – $40,000 As incurred
TOTAL $84,020 to $141,539

 

Thank you for your interest in 2nd Family. If you would like to learn more about how to open a 2nd Family in-home care business, click here to request more information or you can contact us at 1-800-987-0191.

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