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
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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