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Updated RecentlyFiesta Insurance vs SiempreTax+ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fiesta Insurance vs SiempreTax+ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $67,052 - $120,599 | $43,700 - $71,900 |
| Franchise Fee | $10,000 | $25,000 - $40,000 |
| Royalty Fee | 15%-25% | Varies |
| Advertising Fee | Up to $1.2K/mo. | 5% |
| Year Founded | 1998 | 2014 |
| Year Franchised | 2006 | 2014 |
| Term Of Agreement | - | Perpetual |
| Term Of Agreement | - | Perpetual |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | Yes/Yes |
| Start-up Costs | -/Yes | Yes/Yes |
| Equipment | -/Yes | Yes/Yes |
| Inventory | -/Yes | Yes/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | Yes/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Ongoing Classroom Training: 40 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 1 | Absentee Ownership Allowed |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Fiesta Insurance
Fiesta Auto Insurance offers all lines of insurance for our customers and partners. We can take your existing office and expand the companies and products available to you now. Or we can jointly create a new retail location with all the necessary products to grow and be profitable.
Our Organization Provides:
* Attractive commissions and competitive rates
* No need for costly E & O Insurance
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
Our franchisees have been able to add significant revenue and profits with this additional service. All of the same services as the big guys with none of the additional cost. Our franchisees have the ability to offer Instant Refund Anticipation Loans, next day Refund Anticipation Loans, and Refund Anticipation Checks. Your franchise location will be able to offer all Federal and State forms for personal or business filings.
Our Organization Provides:
* State of the art Tax preparation software
* Refund anticipation loans
* No accounting headaches
* Office automation
* Training and operational support
* Marketing expertise
* Site Selection assistance
* Additional revenue from services such as Travel, Money Transfers, Motor Vehicle Registrations and Real Estate are available in some states.
The Opportunity
If having the potential of earning a 6 figure income, owning your own business, making your own decisions, determining your own destiny and enjoying the many other rewards of business ownership is your dream, make it a reality. Become a Fiesta Franchisee.
It is important to realize that this is a career in insurance sales & tax preparation. This is not employment, but rather an opportunity to start building your own business.
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#336 in Franchise 500 for 2020.
#144 in Franchise 500 for 2021.
About SiempreTax+
SiempreTax+ is a low-investment tax franchise opportunity, specializing
in tax return preparation for individuals and small businesses in the
Hispanic market. It is an affiliate of the Liberty Tax brand, one of the
fastest growing tax preparation companies in the industry.