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Updated RecentlyFiesta Insurance vs Toro Taxes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fiesta Insurance vs Toro Taxes 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 | $37,835 - $64,150 |
| Franchise Fee | $10,000 | $25,000 |
| Royalty Fee | 15%-25% | - |
| Advertising Fee | Up to $1.2K/mo. | - |
| Year Founded | 1998 | 2012 |
| Year Franchised | 2006 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| 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 | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
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 Toro Taxes
Originally founded by Oscar Toro and Nick Maldonado as a Tax Preparation Company, Toro Taxes has grown into a National Latino Based National Provider of Tax Preparation & Bookkeeping Services.Toro Taxes provides full training to all new and ongoing franchisees and their tax consultants. You and your staff will learn from IRS registered tax professionals with years of experience. You will learn how to provide the best service to your customers to learning and understanding the latest tax codes and processes.
No experience in taxes is necessary. We provide full training to all NEW franchisees. If you have business experience in management and have the leadership skills to guide others to achieve your goals then Toro Taxes is your home.