Veronica's Insurance Franchise

Insurance products and services

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Veronica s Insurance is an insurance agency and brokerage that provides insurance products and services in the fields of property, casualty, vehicle, home, boat, RV, business, commercial, and renter s insurance. Veronica s Insurance offers two types of individual unit Agency franchises: an agency employing up to two agents providing services from a professional office; and a retail agency employing multiple Agents from a retail location.Veronica s Insurance permit their Retail Agencies to operate from a stand-alone location or a location that is co-branded as a Toro Taxes and operated in accordance with our Co-Branding Addenda. They also offer area development franchises for the development of multiple Agencies and a conversion program for qualified owners of existing insurance agencies.- Servicing the fastest growing population base in the country… the Latino population - An established and recognized brand in the industry- Competitive low investment costs and fees- A business that is desired to thrive in any economy- Year-round franchisee support - Year-round customer service call center for your clientsThe initial investment necessary to begin operation of an Office Agency under a franchise agreement ranges from $23,700 - $50,500. This includes $14,000 to $18,500 that must be paid to Veronica s Insurance or its affiliates. The initial investment necessary to begin operation of a Retail Agency under a franchise agreement ranges from $51,450 to $111,600. This includes $32,850 to $34,350 that must be paid to Veronica s Insurance or its affiliates. The initial investment necessary to begin operation of an Agency under a multi unit development agreement depends on the number of Agencies that you are authorized to develop and ranges from $90,450 - $201,600. This includes $25,000 that must be paid to Veronica s Insurance or its affiliates for your first Agency and a development fee of $10,000 for each additional Agency that you are authorized to establish under the multi-unit development agreement.

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$129.55 USD
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$129.55
$129.55


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Please Note: The operators of Veronica's Insurance, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Veronica's Insurance website.

How much does it cost to open a Veronica's Insurance Franchise ?

The investment required to open a Veronica's Insurance Franchise is between $23,700 - $201,600 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the Veronica's Insurance name.

Individual Franchise Costs

  • Initial Investment:
    $23,700 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    15%/25%
  • Advertising Fee:
    2%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Veronica's Insurance Growth History

When did the first Veronica's Insurance open? 2019
When did Veronica's Insurance start Franchising ? 2020

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming



How much does a Veronica's Insurance Franchise owner make?

How much money you could make as a Veronica's Insurance Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Veronica's Insurance Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$25,000 - $201,600
Initial Franchise Fee
$25,000
Royalty Fee
15%/25%
Advertising Fee
2%
Veronica's Insurance Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Veronica's Insurance and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Veronica's Insurance franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.