Top 250 Franchise by Entrepreneur – Rank no. 193 – Brightway Insurance – US
Number of Locations: 105
Total Investment: $108.59K – 147.89K
Began Franchising: 2007
About Brightway Insurance
In 2003, David Miller purchased the Jennings Insurance Agency– with one office and three employees. He formed Miller Insurance Group, which would later become Brightway Insurance and begin franchising in 2007. Brightway franchises offer home, auto, life and business insurance services with the help of the company’s centralized service center and accounting office.
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, South, Southeast, Southwest.
Startup Costs, Ongoing Fees and Financing
Total Investment: $108,600 – $147,900
Franchise Fee: $30,000 – $60,000
Ongoing Royalty Fee: 15-45%
Term of Franchise Agreement: 5 years, renewable
Net Worth: $200,000
Liquid Cash Available: $80,000
3% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 – 5. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #193 (2013),
Fastest-Growing: #66 (2013),
Brightway Insurance Puts Our Customers First
We understand that your house is your home, your car is your freedom, and your family is everything.
Protecting your peace of mind—at Brightway Insurance, we take it very seriously. We offer the strength of national insurance products with the flexibility and accessibility of local offices. This means the best of both worlds for you: a full line of nationally-backed, premier auto, home, business and personal insurance products at competitive value, delivered with a personal touch.
Smart Protection. Brilliant Service.
It’s more than bringing you great insurance products at great values that makes working with Brightway satisfying for our customers. It’s the Brightway people.
Our agents put your needs first. We take a friendly, consultative, service-oriented approach to your business. We’ll help you choose the right insurance products for your needs and look out for your best interests down the road. We’ll proactively advise you when changes in the insurance environment affect your insurance choices. And as your life grows and changes, we’ll show you how you can make the best insurance decisions for your needs.
A History of Service
In 2003, David Miller, LUTCF purchased the Jennings Insurance Agency, and formed Miller Insurance Group, Inc., now operating as Brightway Insurance. At that time, the agency had one office and three employees. As of June, 2011, the Brightway team was over 350 strong and has become one of the fastest growing insurance retailers in the country.
David Miller, CEO of Brightway Insurance
David Miller received his Bachelors Degree from Florida State University. He received the LUTCF Designation in 1998 and has been recognized nationally as a top writer of auto, home, business, and life insurance. Mr. Miller is active in his community as a volunteer and leader of various non-profit organizations.
Brightway Insurance Corporate Office
3733 W. University Blvd, Suite 100
Jacksonville, FL 32217
Phone : (904) 764-9554
Toll Free : (888) 254-5014
Fax : 904-482-0739
Customer Service : firstname.lastname@example.org
Franchise Inquiries : email@example.com
Employment Inquiries : firstname.lastname@example.org
Source: Brightway Insurance Official Website