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Promoted Opportunities
#163
Initial Investment
LOW: $49,662
HIGH: $107,458
Change in Units
+10.7% +15 UNITS (1 Year)
+47.6% +50 UNITS (3 Years)
Company Profile
Founded
1998
Franchising Since
2006 (11 Years)
Corporate Address
3755 Breakthrough Wy., #205 Las Vegas, NV 89135
CEO
John Rost
About Fiesta Auto Insurance and Tax
John Rost launched Fiesta Auto Insurance and Tax in 1999 to meet a growing demand for auto insurance within underserved Hispanic and blue-collar communities in Southern California. Franchisees of the Huntington Beach-based company offer auto, home, business, rental property, boat and motorcycle insurance, as well as tax preparation services. The company allows both startup franchises and conversions of existing businesses to the Fiesta brand.
Financials
Financial Requirements
Initial Investment
$49,662 - $107,458
Net-worth Requirement
$100,000
Liquid Cash Requirement
$50,000
Ongoing Fees
Initial Franchise Fee
$10,000
Ongoing Royalty Fee
15-25%
Financing Options
Fiesta Auto Insurance and Tax offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
Operations & Franchisor Support
Training Onsite: 5+ days
Training at headquarters: 5+ days
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
Number of employees required to run: 1
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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: August 17th, 2016
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