My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: Brightway Insurance

Initial Investment
LOW:$107,700
HIGH: $160,325
Change in Units
+4.2% +5 UNITS (1 Year)
+17.1% +18 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 5 days

Training at headquarters: 8 days

Additional Training: Additional training

Absentee Ownership Allowed

Number of employees required to run: 3

About Brightway Insurance

In 2003, David Miller purchased the Jennings Insurance Agency-- with one office and three employees. He formed Miller Insurance Group, which would later become Brightway Insurance and begin franchising in 2007. Brightway franchises offer home, auto, life and business insurance services with the help of the company's centralized service center and accounting office.

Founded

2003

Franchising Since

2007 (10 Years)

Corporate Address

3733 W. University Blvd., #100 Jacksonville, FL 32217

CEO

David Miller

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$107,700 - $160,325

Net-worth Requirement

$250,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$50,000 - $60,000

Ongoing Royalty Fee

15-45%

Financing Options

Brightway Insurance has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives


$5,000 off franchise fee

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.

Our 5 Best Franchises in the World

Brands you can depend on across the globe.

Keep It Local: The Importance Of Localizing Your Franchise Approach

Franchising can be one of the most effective ways to amplify business growth. Within the thriving food and beverage category in the region, it is a model that has proved particularly compelling.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 5th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing