Brightway Insurance Franchise

Insurance

Brightway Insurance has redefined how independent agents grow and profit. Our innovative franchise agency model allows you to sell more policies, retain more customers, and earn more profit. You'll be able to give your customers the best coverage options from a variety of our nationally-backed insurance carrier partners. Finally, a better way to run an insurance agency.

Three Ways to Win

1. Agent Conversion - Receive multiple liquidity events, one now and one later, when you convert your existing agency into a Brightway branded franchise. Doing so allows you to implement an effective perpetuation plan while receiving all the benefits of being an Associate Agency Owner with the #1 Insurance franchise in the nation.

2. Agency Conversion/Sale - If you are looking to sell your agency, Brightway is the answer. Through a single liquidity event, we will help execute on your perpetuation plan with honesty and integrity. Whether you are looking forward to retirement or a new opportunity outside of insurance, we are the solution to help make it a reality.

3. New Franchise Ownership - Open a Brightway franchise in an existing market, or lead our expansion efforts in one of the many new territories now available across the country.

The total investment necessary to begin operation of a single Brightway
retail franchise is $98,300 to $175,000. This includes a $60,000 initial
fee that must be paid to the franchisor or its affiliate(s).

Additionally, the franchisor offers franchisees the right to operate a
Brightway franchise from a professional office space. The total
investment necessary to begin operation of a single Brightway franchise
from a professional office space is $58,000 to $93,750. This includes a
$40,000 initial fee that must be paid to the franchisor or its
affiliate(s).

Veteran Incentives 10% off franchise fee

Entrepreneur Franchise 500 ranking badge for Sky Zone

#52 in Gator's Top franchises.

#34 on Franchise Rankings.com

#254 in Franchise 500 for 2020.

#190 in Franchise 500 for 2021.

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!

Please Note: The operators of Brightway Insurance, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Brightway Insurance website.

How much does it cost to open a Brightway Insurance Franchise?

The investment required to open a Brightway Insurance Franchise is between $18,100-$173,500. There is an initial franchise fee of $5,000-$60,000 which grants you the license to run a business under the Brightway Insurance name.

Individual Unit Costs

Initial Investment:
$18,100-$173,500
Initial Franchise Fee:
$5,000-$60,000
Royalty Fee:
up to 50%
Advertising Fee:
N/A
Term of Agreement:
5 years

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News and Press Releases

Brightway Insurance Agency Owner, Michelle Jeralds, Named a Rockstar Franchisee
Franchise Business Review recently named Michelle Jeralds to its list of 2017 Rockstar Franchisees. Jeralds is Owner of Brightway, The Michelle Jeralds Agency in Jacksonville. She is one of only 41 franchisees who made the list from among 30,000 franchisees who have participated in the research ...

Brightway, The Number 1 Ranked Insurance Franchise In 2013 By Entrepreneur Magazine, Selects Altigen's Maxcs Private Cloud
AltiGen Communications, Inc. (OTCQX: ATGN), a leading provider of premise and cloud-based IP-PBX and Contact Center solutions, today announced that Brightway Insurance has selected MaxCS Private Cloud to replace phone systems in more than 100 offices. Brightway Insurance was ranked as the number ...

Brightway Insurance Milestones
2012 - Ranked#1 Insurance Franchise in the country by Entrepreneur Magazine Finish year with over $256 million in sales, 115 locations in 7 states 100th Franchise Opens 2011 - INC. 5,000 list for 5th consecutive year 5.5 acre Brightway Center complex acquired - headquar...

Brightway Insurance News & Press Releases

Brightway Insurance Franchise Growth History

When did the first Brightway Insurance open? 2003
When did Brightway Insurance start Franchising? 2007

Brightway Insurance Franchise Expansion Plans

United States: Nationwide

Financing Options

Expense	In-House	Third Party
Franchise Fee	N/A	Yes
Startup Costs	N/A	Yes
Equipment	N/A	Yes
Inventory	N/A	N/A
Accounts Receivable	N/A	N/A
Payroll	N/A	N/A

Training & Support

Training

On-The-Job Training: 120 hours
Classroom Training: 64 hours
Additional training

Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software

Marketing

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing

Business Operations

Absentee Ownership Allowed

Number of Employees Required to Run: 3

How much does a Brightway Insurance Franchise owner make?

To calculate how much income a franchise owner can do at Brightway 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

Brightway Insurance, Auto insurance, Homeowner's insurance, business insurance, personal insurance, life insurance

Brightway Insurance Franchise Opportunity viewed 5810 times by investors.

Legal Disclaimer: This information is not a franchise offering for Brightway 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 Brightway Insurance franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.