Freeway Insurance

Freeway Insurance

Insurance and related products
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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$61K - $113K
Units as of 2021
529 arrow up 11.6% over 3 years

Company Overview

About Freeway Insurance

Related Categories
Insurance , Tax Services
Founded
1987
Parent Company
Confie Holding II Co.
Leadership
Alex Trachtman, SVP, Franchise Sales & Operations
Corporate Address
7711 Center Ave., #200
Huntington Beach, CA 92647

Business Overview

Franchising Since
2021 (2023-2021 years)
# of employees at HQ
114
Where seeking

This company is offering new franchisees throughout the US.

# of Units
529 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Freeway 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 Information Circle
$15,000
Initial Investment Information Circle
$61,000 - $113,060
Royalty Fee Information Circle
15%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
5 years
Is franchise term renewable?
Yes
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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
Freeway Insurance has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, payroll

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
TBD
Classroom Training
80 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run
1-2
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Freeway Insurance landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022