About Fiesta Insurance Franchise
Fiesta Insurance is a multi line insurance and financial services franchise that serves diverse communities with auto, home, life, commercial, and health insurance products along with tax preparation and other financial services.
The brand has been franchising since 2007 and is backed by Fiesta Insurance Acquisition, Inc.
and Insurvia, Inc.
Fiesta Insurance Franchise Cost & Fees
Minimum Investment
$72K
Average Investment
$114K
Maximum Investment
$157K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $15,000 | One-time payment upon signing |
| Royalty Fee | 20% - 25% of Gross Insurance Revenue + $30 per tax return of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Monthly Marketing Contribution: $0 - $2,000 per month (with first-year discounts); Monthly Platform Access Fund Contribution: $200 - $500 per month | National brand fund |
| Total Investment Range | $72,052 – $156,749 | Includes build-out, inventory, working capital |
The investment range of $72K–$157K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (20% - 25% of Gross Insurance Revenue + $30 per tax return) and marketing fee (Monthly Marketing Contribution: $0 - $2,000 per month (with first-year discounts); Monthly Platform Access Fund Contribution: $200 - $500 per month) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $15,000 | $15,000 |
| Travel & Living Expenses While Training | $1,700 | $2,000 |
| Real Estate & Improvements | $11,200 | $30,000 |
| Furniture & Equipment | $4,082 | $6,749 |
| Computer Equipment | $4,670 | $7,000 |
| Signs | $4,500 | $8,000 |
| Insurance Coverage | $500 | $3,000 |
| Miscellaneous Opening Costs | $1,000 | $2,000 |
| Marketing Package Fee | $3,500 | $5,000 |
| Policy Management Software Licensing Fee/Licensing Fee; Insurance Rating Software Licensing Fee | $900 | $3,000 |
| Additional Funds – 3 months | $25,000 | $75,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Renewal Fee | $15,000 |
| Technology Fee | Policy Management Software Licensing Fee: $200 - $500 per month; Insurance Ratings Software Licensing Fee: $100 - $500 per month |
| Set Up Fees (CA & TX only) | $20 per new policy (CA only), $10 per new policy (TX only) |
| Endorsement Fees (CA & TX only) | 20% of fees charged per policy endorsement |
| Policy Renewal Fees (CA & TX only) | 20% of fees charged per policy renewal |
| Reinstatement Fees (CA & TX only) | 20% of fees charged per policy reinstatement |
| Payment Fees (CA & TX only) | 20% of fees charged per policy payment |
| Tax Return Preparation Software | Currently $500 ($250 on December 10th and $250 on January 10th of each year) |
| Franchisee Conventions | $500-$750 per franchise owner and $200-$300 per additional staff member attending |
| Advertising Reimbursement | To be determined |
| Third Party Fees Reimbursement | To be determined |
| Cyber Event Reimbursement | To be determined |
| Indemnification | Actual cost to us |
| Enforcement Costs | Our actual costs, including accountants’ and attorneys’ fees, plus a fine of $10,000 for breach of Articles 9 and 15 of the Franchise Agreement |
| Accounting Violation Penalty | $10 |
| Scanning Violation Penalty | $25 |
| Deposit Violation Penalty | $50 |
| Minimum Loan Fee | $500 less the total amount of interest paid to date when the loan is paid in full |
| Tax Return Note Fee | $25 for each tax return you file |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximately 75 to 100 hours |
| Classroom Training | 33.5 hours |
| On-the-Job Training | None |
| Training Location | Our office, currently located in Las Vegas, Nevada/your office or other location we designate/webinars/virtual communication platform |
| Additional Training | The franchisor makes available training programs as deemed appropriate. Franchisees and all supervisorial or managerial employees/independent contractors with direct client contact must attend all additional courses, seminars, and training programs as reasonably required by the franchisor. These may be at no additional fee, but franchisees must cover their own travel, lodging, meals, materials, and wages. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected Area |
| Exclusive Territory | Yes |
| Territory Size | minimum population of 20,000 persons or encompasses an area of 5 square miles |
| Description | The Protected Area is designated on Exhibit A of the Franchise Agreement, with specific boundaries determined by the franchisor based on population density, zip code maps, or other information. As long as the franchisee is in good standing, the franchisor will not own, operate, or franchise another Fiesta business within the Protected Area. Franchisees may not solicit sales outside their Protected Area without consent but may sell to customers located outside if it doesn't result from direct solicitation. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | 5 years |
| Renewal Fee | $15,000 |
| Renewal Conditions | Franchisee must not be in default, satisfy all monetary obligations, complete all required training, sign the then-current Franchise Agreement, and sign a general release. The new agreement may have materially different terms. |
| Transfer Conditions | Transferee must meet franchisor's qualifications, successfully complete training, and sign the then-current Franchise Agreement. Franchisee must pay all sums owed and sign a general release. A continuing guarantee of transferee's obligations may be required. The sales price must not be so high as to make the transferee unlikely to maintain the business. |
| Termination for Cause | The franchisor may terminate for curable defaults (e.g., failure to pay fees within 10 days, failure to comply with provisions within 30 days) and non-curable defaults (e.g., failure to complete initial training, bankruptcy, misuse of marks, fraudulent conduct, soliciting clients, closing business during tax season without consent, certain legal/moral misconduct). |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term, the franchisee cannot divert customers or be involved with any competitive business. After termination or expiration, for 2 years, the franchisee cannot have involvement with any competitive business within the former franchised location or Protected Area, accept employment from a competitive brokerage/agency, disrupt franchisor's business, solicit clients, or permit a competitive business at the former location. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee must devote full time and attention to the operation of the Franchised Business. For the first location, only the franchisee may be the principal operator unless approved otherwise. The business must be managed at all times by the franchisee or one full-time supervisorial or managerial employee who has completed a minimum of 80 hours of required training. |
| Required Suppliers | Franchisees must use franchisor-approved insurance carriers and premium financing companies. All advertising items and office supplies with the logo must be purchased through the franchisor's web portal from an approved supplier. Policy management software and tax return preparation software must be licensed from approved suppliers. Bank Products must be offered only from designated Financial Vendors and other suppliers. |
| Supply Restrictions | Franchisees are restricted to using franchisor-approved insurance carriers, premium financing companies, advertising/office supplies from approved supplier via web portal, franchisor-provided tax return preparation software, and designated Bank Products/Financial Vendors. Franchisees cannot offer products or services not designated as approved without prior written approval. They cannot contract with unapproved insurance or financing companies. |
| Franchisor Revenue from Suppliers | Bravo (affiliate) revenue from supplying insurance to franchisees: $1,321,830.00 (69% of Bravo's total revenue). Revenue from sale of required materials to franchisees: $157,363 (0.004% of total revenue). PMC (affiliate) revenue from software licensing to franchisees: $148,400.00 (100% of PMC's total revenue). Revenue from sale of Bank Products: $58,768.24. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | The franchisor may, at its option, loan money to qualified existing franchisees for the purchase of additional Franchised Businesses. Loans typically range from $20,000 to $50,000, payable in full in 36 months. Interest is at the 'Prime Rate' plus 4%, not exceeding the maximum legal rate. A minimum loan fee of $500 (less interest paid) and a $25 Tax Return Note Fee per tax return filed will apply. Loans are secured by the assets of the Franchised Business and personally guaranteed by entity owners. |
Fiesta Insurance Franchise Earnings — Item 19
Average Revenue
$322K
Median Revenue
$223K
Revenue Range
$4K – $1.6M
Sample Size
232 units
Past financial performance does not guarantee future results. Individual results will vary.
Fiesta Insurance Litigation & Risk Flags
Clean Litigation RecordFiesta Insurance has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fiesta Insurance System Growth
Total Units
248
Franchised
248
Company-Owned
0
Fiesta Insurance currently operates 248 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 19 | 10 | 216 |
| 2021 | 40 | 9 | 247 |
| 2022 | 15 | 14 | 248 |
Transfers: 36 | Closures: 14
State Registrations
Registered in 5 states: CA, IL, IN, NY, VA
Franchisor Financials (Item 21)
Revenue
$46.7M
Net Income
$-1,059,716
Total Assets
$126.7M
Audited by WithumSmith+Brown, PC for year ending April 30.
Fiesta Insurance Franchise — FAQ
The total investment to open a Fiesta Insurance franchise ranges from $72,052 to $156,749, per their Franchise Disclosure Document. This includes the initial franchise fee of $15,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Fiesta Insurance charges a royalty fee of 20% - 25% of Gross Insurance Revenue + $30 per tax return of gross sales, plus a Monthly Marketing Contribution: $0 - $2,000 per month (with first-year discounts); Monthly Platform Access Fund Contribution: $200 - $500 per month contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Fiesta Insurance Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Fiesta Insurance to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Fiesta Insurance franchise owners report average revenue of $322K and median revenue of $223K. This is based on a sample of 232 units. Past performance does not guarantee future results.
Fiesta Insurance has been franchising since 2007. The FDD shows an investment range of $72,052-$156,749, a 20% - 25% of Gross Insurance Revenue + $30 per tax return royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $15,000 and the total investment ranges from $72,052 to $156,749 depending on location size and market. A minimum of $25,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Business Services Franchises
Interested in Fiesta Insurance?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Fiesta Insurance and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Fiesta Insurance or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com