Brightway Insurance FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a Brightway Location that will primarily engage in the business of selling, servicing and delivering property and casualty insurance policies, but that may also offer certain other insurance services to its clients.
Corporate Information
Brightway Insurance, Inc. is a Florida corporation formed on August 1, 2003. They were originally incorporated as “Miller Insurance Group, Inc.” and began doing business under the name “Brightway Insurance” in May 2007. They began selling franchises in 2008. In August 2010, they officially changed their corporate name to “Brightway Insurance, Inc.” Their principal place of business and corporate offices are located at 3733 West University Boulevard, Suite 100, Jacksonville, Florida 32217.
Investment
The total investment necessary to begin operation of a single Brightway retail franchise is $88,300 to $173,500. This includes a $60,000 initial fee that must be paid to the franchisor or its affiliate(s).
Additionally, we offer franchisees the right to operate a Brightway franchise from a professional office space. The total investment necessary to begin operation of a single Brightway franchise from a professional office space is $18,100 to $88,500. This includes $5,000 to $30,000 that must be paid to the franchisor or its affiliate(s).
