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Estrella Insurance
 

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

IFA Member



Operating Units:

Franchised Units:52 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:52 100%  
 

Geographic Distribution:

U.S.:52 100% In 1 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:52 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida52

Registered in Following Registration States:

  

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

Average Number of Employees:

   2 Full-time, 1 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:6
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. At designated franchise8 weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:4
Formal Education:3
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   10
U.S.:Yes, Florida and Texas
Canada:No
Overseas:No
 
 
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