- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$72K - $121K
- Units as of 2023
-
26 271.4% over 3 years
Company Overview
About GoldenTrust Insurance
| Industry | Financial Services |
|---|---|
| Related Categories | Insurance , Miscellaneous Services |
| Founded | 2015 |
| Leadership | Ismar Herrera, CEO |
| Corporate Address |
8400 N.W. 30th Ter. Doral, FL 33122 |
| Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
| Franchising Since | 2021 (3 years) |
|---|---|
| # of employees at HQ | 60 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 26 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a GoldenTrust Insurance franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$38,000 |
|---|---|
|
Initial Investment
|
$71,500 - $120,900 |
|
Veteran Incentives
|
$10,000 off franchise fee |
|
Royalty Fee
|
3% |
|
Ad Royalty Fee
|
$1,000 |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | GoldenTrust Insurance offers in-house financing to cover the following: franchise fee |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 40 hours |
|---|---|
| Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2-7 |
|
Are exclusive territories available?
|
Yes |
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