Estrella Insurance

  • Estrella Insurance
3750 W. Flagler St.
Miami, FL 33134
  • (888) 511-7722 / (305) 443-2829
  • (305) 444-2933 (Fax)

Since 1980, Estrella Insurance has built its foundation on values and excellent customer service. By continuing to exceed our customers' expectations with outstanding service and competitive rates, Estrella Insurance continues to be the #1 choice for all Insurance needs. We offer auto, homeowners, and commercial insurance. We can also insure your business, boat, motorcycle or recreational vehicle. Our loyal customers keep recommending Estrella Insurance to friends and other family members so that they, too, can receive the same friendly dedication and expertise they've come to expect from all Estrella agents.

Franchisor Background

Year Established: 1980

Franchising Since: 2008

Operating Units

Franchised Units 80 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 80 100%

Geographic Distribution

USA 80 100.0% In 1 States
Canada 0 0.0% In 0 Provinces
International 0 0.0% In 0 Foreign Countries
Total 80 100%

Multi-Unit Operators

Multi-Unit Operators 8
Franchises Owned by Multi-Unit Operators 33

North American Unit Density

Density Units
Florida 71

Registered in the following Registration States

(not registered in any registration states)

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? Yes, is a member
Size of Corporate Staff 6
Site Selection
Assistance
Yes
Lease Negotiation Assistance Yes
Financial Assistance Yes, Direct

Marketing Support

Co-Op Advertising Yes
National Advertising Yes
Regional Advertising Yes
Local Advertising Yes
Marketing Materials Ad Slicks, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos

Ongoing Support

Central Data Processing Yes, at additional cost
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control N/A
Franchisee Newsletter Included
Regional or National Meetings Included
800 Telephone Hotline Included

Training

At designated franchise 8 Weeks
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Financial Requirements

Investment

Minimum Net Worth $100K
Cash Investment $50K
Total Investment $49.5K
Average Total Investment $49K

Fees

Initial Franchise Fee $25K
Average Franchise Fee $25K
On-Going Royalty 1 - 1.5
Average Royalty 1%
Advertising Fee .50 - .75

Site Information and Requirements

Average Number of Full-Time Employees 3
Average Number of Part-Time Employees 1
Space Needs (in square feet) 800 - 1,200
Preferred Site Types N/A
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? Yes
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 4
Specific Industry Experience 4
Formal Education 3
Psychological Profile 3
Personal Interviews 5
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 10
Passive Ownership? Not Allowed
Area Development
Agreements?
Yes, for 10 years
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 15
USA Yes, Florida and Texas
Canada No
Overseas No
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Request Information for Estrella Insurance

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