Fiesta Auto Insurance and Tax

Fiesta Auto Insurance and Tax

Insurance and tax-preparation services
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2021 Franchise 500 Rank
#144 Ranked #336 last year
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Initial investment
$67K - $121K
Units as of 2020
226 29.1% over 3 years

Company Overview

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.

About Fiesta Auto Insurance and Tax

Founded
1998
Parent Company
Fiesta Insurance Franchise Corp.
Leadership
John Hollar, CEO

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
22
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
226 (as of 2020)

Franchisor Information

Corporate Address
3755 Breakthrough Wy., #205
Las Vegas, NV 89135

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Fiesta Auto Insurance and Tax 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
$10,000
Initial Investment
$67,052 - $121,499
Net Worth Requirement
$100,000
Cash Requirement
$65,000
Royalty Fee
15-25%
Ad Royalty Fee
Up to $1.2K/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Fiesta Auto Insurance and Tax offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
33.5 hours
Ongoing Support
Purchasing Co-ops
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
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Fiesta Auto Insurance and Tax landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Fiesta Auto Insurance and Tax ranked on other franchise lists? Find out below.

Ranked #144

Franchise 500 Ranking

Ranked #11

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021