InsPeak

InsPeak is more than just a full-service insurance company, we are a full service franchise as well. The insurance industry is a $1.2 trillion dollar recession-proof industry, with property and casualty premiums growing by 10.8% in 2018 alone. InsPeak offers franchisees several different ways to engage their local community while offering household names for insurance products.

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InsPeak Franchise Cost and Requirements for 2022

Background

Striking out on your own can be challenging, especially in the multi-layered world of insurance. We take the complexity out of it and get you in business faster. InSpeak unique multi-offering model allows you to make the investment that's right for you, rather than trying to force you to fit into an investment model.

As an InsPeak franchisee, you'll also be building equity as you build your business; we help you come in with an exit strategy already in mind.

Because InsPeak offers 4 different models, we have several different investment ranges.

Company Details

Established: 2020
First Unit Franchised: 2021
Franchised Units: 1 (Hybrid - Georgia)
Company Owned Units: 1 (Texas)
States Registered In: All non-registration states
Canada Franchises: No
International Franchises: No

Support and Training Offered By InsPeak

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

2022 Franchise Requirements Needed to Own a InsPeak Franchise.

What does a InsPeak Franchise Cost?

InsPeak franchise fees for 2022:

Cash Investment: $15,000 - $50,000

Total Investment: Standard: $47,060 - $120,000, Conversion: $33,000 - $84,500, Hybrid: $21,150 - $67,500, Virtual: $14,500 - $44,000

Minimum Net Worth: $50,000

Franchise Fee: Standard: $35,000, Conversion: $25,000, Hybrid: $15,000, Virtual $10,000

Royalty: Varies

Ad: 1%

Item 19: Yes

Average Number of Employees: 2

Visa Candidates: No

Passive Ownership: No

Home-Based: Yes

B2B: Yes

Master Franchise Opportunities: No

Veteran Discount: Yes

SBA Approved: YES

Is InsPeak a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. InsPeak is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is InsPeak a Home Based franchise?

Yes. InsPeak is a home based franchise opportunity.

What Do InsPeak Franchise Owners Make?

Click here to find out how much InsPeak franchisees make. InsPeak offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is InsPeak a Master Franchise Opportunity?

No. InsPeak is not a master franchise opportunity.

Does InsPeak Offer a Veteran Discount?

Yes. InsPeak franchise does offer a veteran discount.

Does InsPeak Work with E2 Visa and EB-5 Visa Candidates?

No. InsPeak franchise does not work with E2 Visa and EB-5 Visa candidates.

Is InsPeak Looking for Franchisees in Canada?

No. InsPeak franchise is not looking for Canada franchisees.

Is InsPeak Looking for International franchisees?

No. InsPeak franchise is not looking for International franchisees.

Additional Information

Additional Categories

Financial Services, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

Less than $25,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

InsPeak Franchises for Sale

Click Here to inquire about existing InsPeak franchises for sale. We may have InsPeak franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.