| ||||
Updated RecentlyVeronica's Insurance Franchise
Insurance products and services
insurance products and services in the fields of property, casualty,
vehicle, home, boat, RV, business, commercial, and renter’s insurance. Veronica’s Insurance offers two types of individual unit Agency franchises: an
agency employing up to two agents providing services from a
professional office; and a retail agency employing multiple Agents from a
retail location.Veronica’s Insurance permit their Retail Agencies to operate from a
stand-alone location or a location that is co-branded as a Toro Taxes
and operated in accordance with our Co-Branding Addenda. They also offer
area development franchises for the development of multiple Agencies
and a conversion program for qualified owners of existing insurance
agencies.
under a franchise agreement ranges from $23,700 - $50,500. This includes
$14,000 to $18,500 that must be paid to Veronica’s Insurance or its
affiliates.
Retail Agency under a franchise agreement ranges from $51,450 to
$111,600. This includes $32,850 to $34,350 that must be paid to Veronica’s Insurance or its affiliates.
operation of an Agency under a multi unit development agreement depends
on the number of Agencies that you are authorized to develop and ranges
from $90,450 - $201,600. This includes $25,000 that must be paid to Veronica’s Insurance or its affiliates for your first Agency and a development fee
of $10,000 for each additional Agency that you are authorized to
establish under the multi-unit development agreement.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Veronica's Insurance Franchise?
The investment required to open a Veronica's Insurance Franchise is between $23,700-$201,600. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Veronica's Insurance name.
Individual Unit Costs
- Initial Investment:
$23,700-$201,600 - Initial Franchise Fee:
$25,000 - Royalty Fee:
15%/25% - Advertising Fee:
2%
Click here to compare with
franchises similar to Veronica's Insurance
When did Veronica's Insurance start Franchising? 2020
United States: Nationwide
To calculate how much income a franchise owner can do at Veronica's Insurance Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Veronica's Insurance and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Veronica's Insurance franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Veronica's Insurance
5828 Shelby Oaks Drive
Memphis,
TN
38033