Freeway Insurance
Professional Services Business-RelatedCompany Information
Address
7711 Center Avenue Suite 200 Huntington Beach, California 92647
Website
Tel
Email
Franchise Summary
Description
We license third parties the right to own and operate a business that will primarily sell, service, and deliver insurance services and ancillary products to clients under the trademark Freeway Insurance (the “Freeway Brokerages” and individually, a “Freeway Brokerage”).
Corporate Structure
We are a Nevada limited liability company originally formed on February 1, 2021, in Delaware and converted to a Nevada limited liability company on May 19, 2021. We do not do business under any name other than our corporate name and the name “Freeway Insurance.” We began selling franchises as of the issue date of this Disclosure Document. We do not operate a business similar to the Freeway Brokerage being franchised under this Disclosure Document. Our principal place of business and corporate office is now located at 7711 Center Avenue, Suite 200, Huntington Beach, CA 92647. Our registered agents for service of process are listed in Exhibit H. We do not have any predecessors that offered franchises. We have not offered franchises in any other line of business.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Business-Related Industry$244,557 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
| # | Type | Investment | Fees |
|---|
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
|---|
Freeway Insurance Franchise System Development in 2022
FAQ
How much investment do I need to start my own Freeway Insurance business?
Franchisees typically require at least $61 to $113 investment to get their Freeway Insurance business started
What are the initial franchise fees for Freeway Insurance?
Franchisees typically need to pay at least $23 in fees directly to Freeway Insurance in order to earn the right to launch their business
How much money can I make with a Freeway Insurance franchise? What are
the average revenues for a typical Freeway Insurance business?
We haven’t done the math on how much revenue a typical
Freeway Insurance brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$244,557 revenue, so we would expect
Freeway Insurance to generate a similar amount
How long do I need to commit to running a Freeway Insurance unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$61,000 to $113,060
which is
Much Higher
than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE