Veronica's Insurance Franchise

Insurance products and services




Veronicas Insurance FDD

Veronica’s Insurance is an insurance agency and brokerage that provides
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.
 - Servicing the fastest growing population base in the country… the Latino population

- An established and recognized brand in the industry 
- Competitive low investment costs and fees 
- A business that is desired to thrive in any economy 
- Year-round franchisee support
- Year-round customer service call center for your clients

The initial investment necessary to begin operation of an Office Agency
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.
The initial investment necessary to begin operation of a
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.
The initial investment necessary to begin
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.














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Please Note: The operators of Veronica's 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 Veronica's Insurance website.

How much does it cost to open a Veronica's Insurance Franchise?

The estimated 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%



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When did the first Veronica's Insurance open? 2019
When did Veronica's Insurance start Franchising? 2020

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.

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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

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