InsPeak Insurance

InsPeak Insurance

Insurance
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$15K - $120K
Units as of 2021
1 0.0% over 3 years

Company Overview

About InsPeak Insurance

Related Categories
Insurance
Founded
2016
Parent Company
InsPeak LLC
Leadership
Ron Dunn, CEO
Corporate Address
805 Washington, #A2
Arlington, TX 76011
Social
Facebook

Business Overview

Franchising Since
2020 (3 years)
# of employees at HQ
6
Where seeking

This company is offering new franchisees in the following US states: Georgia, Texas

# of Units
1 (as of 2021)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a InsPeak 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
$5,000
Initial Investment
$14,500 - $120,000
Veteran Incentives
10% off franchise fee
Royalty Fee
Varies
Ad Royalty Fee
1%
Term of Agreement
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
InsPeak Insurance has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, 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
4 hours
Classroom Training
7.5-21 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
Are exclusive territories available?
Yes
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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