Goosehead Insurance

Goosehead Insurance

Information based on 2024 FDD

Financial Services · Insurance

Investment min
$40K
Total: $40K–$119K
Avg gross revenue
$228K
Unit-level, 2024
Franchise fee
$25K–$60K
Per current disclosure
Royalty
20% - 50%
Locations
1,226
Franchising since 2011

Description

What is Goosehead Insurance?

Goosehead Insurance has revolutionized the insurance brokerage industry since its founding in 2003, establishing itself as a leading technology-driven insurance agency franchise. What sets Goosehead apart is their innovative approach to insurance solutions, offering clients access to a vast network of top-rated insurance carriers while providing personalized, expert guidance through their proprietary technology platform.

The franchise's unique 'Choice Model' allows franchisees to leverage relationships with multiple insurance carriers, enabling them to offer clients the most competitive rates and comprehensive coverage options. This client-first approach has resulted in exceptional customer satisfaction, as evidenced by countless positive reviews highlighting their agents' expertise, responsiveness, and commitment to finding the best insurance solutions.

Goosehead franchisees benefit from a robust support system, including extensive training, marketing assistance, and access to cutting-edge technology tools. The company's proven business model has demonstrated remarkable scalability, growing from a regional presence to a nationwide network of successful franchise locations.

As a Goosehead franchise owner, you'll join a network of insurance professionals who are transforming the traditional insurance buying experience. The franchise opportunity is ideal for entrepreneurs who are passionate about helping others protect their assets while building a sustainable business in the growing insurance industry. Whether you're an experienced insurance professional or new to the industry, Goosehead's comprehensive training program ensures you have the knowledge and tools needed to succeed.
  • Established 2003 with proven track record
  • 1,238+ units demonstrate system strength
  • Technology-driven digital insurance platform
  • Multi-carrier comparison shopping model
  • Recession-resistant insurance industry positioning
  • Scalable commission-based revenue structure

Location Analysis

Where Goosehead Insurance wins

Goosehead Insurance demonstrates robust national coverage with widespread presence across most U.S. states, showcasing particularly strong presence in key markets. Texas leads with a significant concentration of locations, followed by strong market presence in Michigan, California, Florida, and New Jersey, indicating successful penetration in diverse economic environments. The franchise's exceptional average rating of 4.68 across thousands of customer reviews suggests consistent service quality nationwide.

The notable concentration in Texas, representing a substantial portion of all locations, provides a strong operational foundation, while the balanced distribution across other major markets indicates successful adaptation to varied regulatory environments and consumer needs. Growth opportunities exist particularly in the Northeast and Pacific Northwest, where market penetration appears lower.

Ideal locations typically align with affluent suburban communities and growing metropolitan areas with strong small business presence. Successful franchises often position themselves near business districts and residential developments with higher household incomes. Market analysis suggests optimal performance in areas with population densities above 100,000 within a 5-mile radius and median household incomes exceeding $75,000.

Prospective franchisees should focus on underserved markets within existing strong-performing states, particularly targeting growing suburban areas with strong small business communities and higher-than-average insurance needs.
Total US locations
1,238
Franchise units
1,226
Corporate locations
12
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Goosehead Insurance

Avg gross revenue$228,360
Investment range$40,000 – $118,500
Investment midpoint$79,250
Brand fund2%
Royalty20% - 50%
Franchise fee$25,000–$60,000
Min. net worth
Min. liquid capital
Goosehead Insurance presents an accessible entry point into the insurance sector with investment requirements of $40,000-$118,500, positioning slightly below the sub-sector average range of $48,177-$113,766. This moderate capital requirement makes it attractive for emerging entrepreneurs seeking entry into the stable insurance industry. The insurance sector benefits from recession-resistant characteristics and mandatory coverage requirements, providing consistent demand regardless of economic cycles. However, the reported gross revenue of $228,360 falls notably below the sub-sector average of $401,253, which may reflect the franchise's business model focusing on commission-based revenue streams rather than traditional premium collections. Established in 2003 with 1,238 units, Goosehead demonstrates substantial system maturity and aggressive expansion, indicating strong franchisor support infrastructure and proven operational systems. The insurance brokerage model offers scalability advantages through client portfolio growth and potential multi-location development. Ideal investors should possess strong relationship-building skills and sales acumen, as success depends heavily on client acquisition and retention. The digital-forward approach evident in their technology platform suggests adaptation to modern consumer preferences. Market demographics favor educated professionals and homeowners requiring comprehensive coverage solutions. Territory protection and exclusive rights become critical considerations given the relationship-dependent nature of insurance sales. Prospective franchisees should thoroughly review the FDD to understand commission structures, ongoing fees, and territorial limitations before making investment decisions.
Did you know? Starting your own Goosehead Insurance franchise - one of the fastest-growing independent insurance agencies in America - requires a total investment between $40,000 and $118,500, making it an surprisingly affordable entry point into the lucrative insurance industry where you can help clients save money while building a profitable business from day one.

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

$40K–$119K
Most common
$40,000
Minimum
$79,250
Midpoint
$118,500
Maximum

Per FDD Item 7, total initial investment ranges from $40,000 to $118,500. The midpoint $79,250 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

$400K$320K$240K$160K$80KN/A
$144K
$275K
$228K
2022
2023
2024
Avg
$216K
YOY change (2023 -> 2024)
-17%

According to Item 19 of the Franchise Disclosure Document, Goosehead Insurance has an average gross revenue of $228K. (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

-12% YoY
2,0001,6001,2008004000
2017
2018
2019
2020
2021
2022
2023
2024
1,238 units open as of 2024 FDD-175 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Goosehead 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 Goosehead Insurance franchise typically ranges between $40,000.00 and $118,500.00. 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.

Goosehead Insurance
Goosehead Insurance
$228K avg revenue · 1226+ US franchises

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