Brightway Insurance

Brightway Insurance

Information based on 2024 FDD

Financial Services · Insurance

Investment min
$57K
Total: $57K–$159K
Avg gross revenue
$651K
Unit-level, 2024
Franchise fee
$25K–$50K
Per current disclosure
Royalty
15% - 20%
Locations
333
Franchising since 2008

Description

What is Brightway Insurance?

Brightway Insurance has established itself as a leading force in the insurance agency franchise sector since 2003, revolutionizing how insurance services are delivered to consumers. As an innovative insurance franchise, Brightway stands out by offering a unique business model that combines the independence of agency ownership with the comprehensive support of a national brand.

What sets Brightway apart is their commitment to providing franchisees with exceptional backend support, allowing owners to focus primarily on building client relationships and growing their business. Their model enables franchise owners to offer an extensive portfolio of insurance products from multiple carriers, giving clients more choices and competitive rates.

The franchise's success is evident in their consistently positive customer reviews, which frequently highlight their agents' expertise, responsiveness, and ability to find the best coverage options at competitive prices. Brightway agents are known for their consultative approach, taking time to understand clients' specific needs while providing personalized insurance solutions for home, auto, and business coverage.

Brightway's comprehensive training program and ongoing support system equip franchisees with the tools needed to succeed, even if they don't have prior insurance experience. Their technology platform and marketing support help franchise owners streamline operations and effectively reach their target market.

For entrepreneurs seeking a proven business model in the financial services sector, Brightway Insurance offers the opportunity to build a sustainable business while making a meaningful impact in their communities by helping clients protect their most valuable assets.
  • 21 Years of Proven Operating History Since 2003
  • 335+ Active Units Across Established Network
  • 62% Higher Revenue Performance vs. Sub-Sector Average
  • Pioneered 'You Sell, We Service' Business Model
  • Performance-Based Commission Structure with Growth Rewards
  • Comprehensive Learning & Development Support Programs

Location Analysis

Where Brightway Insurance wins

Brightway Insurance demonstrates strong regional presence across multiple states, showing particular strength in the Southeast. The company maintains a notable concentration in Florida, with significant market presence in Texas and North Carolina, indicating a strategic focus on high-growth Sun Belt markets. The franchise's exceptional 4.74 average rating across thousands of customer reviews suggests strong operational performance and customer satisfaction across regions.

The strong foundation in Florida, combined with an expanding presence in major markets like Texas and New York, signals successful market diversification. The franchise shows particular promise in metropolitan areas with strong population growth and robust business communities. Current geographic distribution suggests opportunities for expansion in underserved Midwest and Western markets, where insurance demand remains strong.

Ideal locations for new franchises typically include growing suburban areas with median household incomes above $65,000 and a high concentration of small businesses. Success factors include proximity to commercial districts, visibility from major thoroughfares, and demographics skewing toward homeowners and small business owners. Market analysis suggests particular growth potential in secondary markets within current operating states, especially in Texas and North Carolina, where existing units demonstrate strong performance with room for additional coverage.
Total US locations
335
Franchise units
333
Corporate locations
2
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Brightway Insurance confirms availability directly.

Availability

Financial Analysis

The numbers behind Brightway Insurance

Avg gross revenue$651,362
Investment range$56,900 – $159,000
Investment midpoint$107,950
Brand fundN/A
Royalty15% - 20%
Franchise fee$25,000–$50,000
Min. net worth
Min. liquid capital
Brightway Insurance requires an investment range of $56,900 to $159,000, with the minimum investment slightly above the sub-sector average of $48,177, while the maximum significantly exceeds the average of $113,766 by approximately 40%. This positions it as a premium investment opportunity within the insurance franchise sector. The insurance industry benefits from stable market fundamentals driven by mandatory coverage requirements and consistent consumer demand.

With 335 units and 21 years of operation since 2003, Brightway demonstrates substantial system maturity and proven scalability across its established network. The reported gross revenue of $651,362 significantly outperforms the sub-sector average of $401,253, representing 62% higher revenue performance than typical insurance franchises.

The franchise operates within the independent insurance agency model, allowing access to multiple carriers and personalized service delivery. Success in this sector typically requires strong sales capabilities and relationship-building skills, as performance depends heavily on client acquisition and retention. The business model appeals to operators seeking professional services opportunities with established brand recognition. Prospective franchisees should carefully evaluate territory availability and market saturation in their target areas, as competition density may impact growth potential in established markets.
Did you know? Did you know that launching your own Brightway Insurance franchise - one of the fastest-growing independent insurance agencies in America - requires a total investment between $56,900 and $159,000, which covers everything from your franchise fee and initial setup costs to getting your office ready to help clients find the perfect insurance coverage in your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$57K–$159K
Most common
$56,900
Minimum
$107,950
Midpoint
$159,000
Maximum

Per FDD Item 7, total initial investment ranges from $56,900 to $159,000. The midpoint $107,950 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$800K$640K$480K$320K$160KN/A
$554K
$681K
$651K
2022
2023
2024
Avg
$629K
YOY change (2023 -> 2024)
-4%

According to Item 19 of the Franchise Disclosure Document, Brightway Insurance has an average gross revenue of $651K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+17% YoY
400320240160800
2019
2020
2021
2022
2023
2024
335 units open as of 2024 FDD+48 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Brightway Insurance's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Brightway Insurance franchise typically ranges between $56,900.00 and $159,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Brightway Insurance
Brightway Insurance
$651K avg revenue · 333+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Franchisor Image
Franzy Verified

Schooley Mitchell

Financial Services

Gross Revenue$223,544
Min Investment$75,500
Founded1994
Franchise Units298+
Franchisor Image
Franzy Verified

BooXkeeping

Financial Services

Gross Revenue$138,276
Min Investment$53,046
Founded2020
Franchise Units15+
Franchisor Image

Ameriprise Financial

Financial Services

Gross Revenue$1,099,994
Min Investment$12,029
Founded1971
Franchise Units4003+
Franchisor Image

Jackson Hewitt Tax Service

Financial Services

Gross Revenue$118,262
Min Investment$96,050
Founded1982
Franchise Units2981+
Franchisor Image

Liberty Tax

Financial Services

Gross Revenue$153,979
Min Investment$42,200
Founded1997
Franchise Units1813+
Franchisor Image

Paramount Tax & Accounting

Financial Services

Gross Revenue$434,313
Min Investment$74,100
Founded2008
Franchise Units72+
Franchisor Image

Fiesta Insurance

Financial Services

Gross Revenue$321,581
Min Investment$72,052
Founded1998
Franchise Units248+
Franchisor Image

Goosehead Insurance

Financial Services

Gross Revenue$228,360
Min Investment$40,000
Founded2003
Franchise Units1226+