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Estrella Insurance

2014 Franchise 500
#242
At a Glance

Products & Services: Auto, home and business insurance

Number of Locations: 76

Total Investment: $49.95K - $84K

Founded: 1980

Began Franchising: 2008

About Estrella Insurance

Miami-based Estrella Insurance was founded in 1980 and began franchising in 2008. Franchisees offer insurance services including auto, home, commercial, business, boat, motorcycle and recreational vehicle insurance.

Franchise Units

Year U.S. Canadian International Company Owned
2014 76 0 0 0
2013 69 0 0 0
2012 51 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Southeast.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $49,950 - $84,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 1-1.5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $50,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #242 (2014), #256 (2013),
Low-Cost: #44 (2014), #38 (2013),
Top New: #12 (2013),