Brightway Insurance
#127 Franchise 500| Property and casualty insurance
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Brightway Insurance
Property and casualty insurance

About
Founded

2003

Franchising Since

2007 (12 Years)

Corporate Address

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

CEO

Michael Miller

Financial Requirements
Initial Investment

$123,360 - $158,510

Net-worth Requirement

$250,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$60,000 - $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

10% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

120 hours

Classroom Training:

64 hours

Additional Training:

Additional training

Absentee Ownership Allowed
Number of Employees Required to Run:

3

Brightway Insurance is ranked #127 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $123,360 High - $158,510
Units
+16.9%+24 UNITS (1 Year) +40.7%+48 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: October 4th, 2018