- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$15K - $120K
- Units as of 2021
-
1 0.0% over 3 years
Company Overview
About InsPeak Insurance
Industry | Financial Services |
---|---|
Related Categories | Insurance |
Founded | 2016 |
Parent Company | InsPeak LLC |
Leadership | Ron Dunn, CEO |
Corporate Address |
805 Washington, #A2 Arlington, TX 76011 |
Social |
Business Overview
Franchising Since | 2020 (4 years) |
---|---|
# of employees at HQ | 6 |
Where seeking |
This company is offering new franchises in the following US states: Georgia, Texas |
# of Units | 1 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a InsPeak Insurance franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$5,000 |
---|---|
Initial Investment
|
$14,500 - $120,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
Varies |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | InsPeak Insurance has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 4 hours |
---|---|
Classroom Training | 7.5-21 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
Are exclusive territories available?
|
Yes |
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