#246

Initial Investment

LOW: $49,950
HIGH: $84,000

Change in Units

+23.1% +24 UNITS (1 Year)
+33.7% +35 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1980

Franchising Since

2008 (8 Years)

Corporate Address

3750 W. Flagler St. Miami, FL 33134

CEO

Jose Merille

About Estrella Insurance

Miami-based Estrella Insurance was founded in 1980 and began franchising in 2008. Franchisees offer insurance services including auto, home, commercial, business, boat, motorcycle and recreational vehicle insurance.

Financials

Financial Requirements

Initial Investment

$49,950 - $84,000

Net-worth Requirement

$50,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

1-1.5%

Ad Royalty Fee

0.7-1 %

Financing Options

Estrella Insurance offers in-house financing to cover the following: franchise fee

Estrella Insurance has relationships with third-party sources which offer financing to cover the following: 
startup costs

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 226

Lowest Rank: 256

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 2 months

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

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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: September 3rd, 2016

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