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Quick Franchise Summary
Brightway Insurance invented the “you sell, we service” independent agency franchise model over a decade ago. While it revolutionized the industry then, we recognized that service after the sale is just one independent agency need. We’ve since perfected the only comprehensive independent agency system recognized by Forbes as the #1 Franchise to Buy
*Please contact "Brightway Insurance" to confirm the accuracy of any information provided on this page.
Brightway Insurance
Business Cost, Fees & Facts for 2022
Minimum Cash Required | $75,000 | |
Total Investment | $115,000 - $181,000 | |
Financing Assistance | 3rd Party |
Available In These States:
Overview
Brightway Insurance - Franchise
*As referenced in Item 19 of Brightway’s Franchise Disclosure Document. Claim is made based on comparing the New Business premiums of the 42 Brightway producers from 15 Brightway agencies with a tenure of 4-5 years as of 12/31/13 (who are predominately located in Florida), to the New Business premiums of national Personal Lines producers from the top (approximately) 250 insurance agencies with a tenure of 4-5 years as of 12/31/13 across the U.S., as reported by the Independent Agents and Brokers Association (IIABA) 2013 Best Practices Study. The measurement period is the 2013 calendar year, and the IIABA Study showed that Brightway agents sell an average of $598,020/year in New Business premiums vs. the Independent Agents chosen for the IIABA Best Practices study, who sell an average of $264,504/year in New Business premiums. Of the 42 Brightway producers, 12 producers, or 29%, exceeded the average New Business premiums set forth in the preceding sentence. Actual results may vary.
**As referenced in Item 19 of Brightway’s Franchise Disclosure Document. The figures above reflect the annual Gross Revenue earned by “tenured” Brightway agencies during any one calendar year between 2010 and 2014. “Tenured” means that the agency was open for at least five years as of the calendar year in which Gross Revenue was calculated. Please note that Gross Revenue already incorporates the percentage of commissions that are retained by Brightway as a royalty -- in other words, the royalty owed to Brightway has already been deducted before arriving at the Gross Revenue figures set forth above. In Item 19, the data is presented in terms of “Offices”, and each Office represents performance data during one calendar year (2010, 2011, 2012, 2013, or 2014) for one Brightway agency. Of the 98 tenured Offices, 18 Offices, or 18%, exceeded the average Gross Revenue of $465,205. Of the 22 tenured Offices that comprised the top 25% (in terms of Gross Revenue), 5 Offices, or 23%, exceeded the top 25% average Gross Revenue of $894,810. Actual results may vary.
Brightway Insurance Video
Press Releases & Awards
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$ 36,000 Min.Cash Required
$ 30,000 Min.Cash Required
$ 25,000 Min.Cash Required
$ 22,900 Min.Cash Required
$ 50,000 Min.Cash Required
$ 20,000 Min.Cash Required
$ 25,000 Min.Cash Required
$ 28,990 Min.Cash Required
$ 50,000 Min.Cash Required
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