Freeway Insurance
Business & Professional Services · Financial Advisory
- Active units
- 33
- Avg unit volume
- $214k
- Royalty
- 14.0%
Franchised, year-end 2024
of weekly Net Sales
About Freeway Insurance
Freeway Insurance is a leading provider of affordable insurance solutions, dedicated to helping customers protect what matters most. With a commitment to delivering quality coverage at competitive rates, Freeway Insurance specializes in various products, including auto insurance, homeowners insurance, renters insurance, and commercial policies. Their extensive service portfolio also includes specialized insurance for motorcycles, RVs, boats, and classic cars, alongside personal protection options such as health, dental, and pet insurance. Offering a user-friendly online platform, Freeway Insurance enables customers to easily compare quotes from top carriers, ensuring that they secure the best coverage for their needs. With hundreds of bilingual agents across numerous locations, Freeway Insurance prides itself on personalized service and customer care. Additionally, they provide services such as roadside assistance, vehicle registration renewal, tax preparation, and identity theft protection, making them a one-stop solution for all insurance and protection needs. Experience peace of mind and savings with Freeway Insurance, where finding the right coverage is just a click or call away.
Key terms
- Franchise fee
$25k
- Affiliate Employee discount
Initial Fee reduced to $10,000 for a start-up Franchised Brokerage (must have at least one year employment with an affiliate)
- Conversion franchise
No Initial Fee for a Conversion Franchised Brokerage
- Multi-unit reduced fees
Reduced Initial Fee for additional units under an Area Development Agreement (see multi-unit fee structures)
- Brand fund
7.0% of Net Sales
- Footprint
1,000 sq ft
- Multi-unit (standard)
$55k
- Multi-unit (veteran)
$35k
- Multi-unit (Affiliate Employee ≥1 year)
$30k
- Multi-unit (Conversion Brokerages)
$0
- Veteran discount
Initial Fee reduced to $15,000 for a start-up Franchised Brokerage
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations47
Franchised units open at year-end
- New openings20
Gross new units opened during the calendar year
- 1-year unit growth rate42.4%
Net unit growth versus prior year
- 3-year unit CAGR57.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.3×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$174k
Item 19 cohort year 2025
- Annual unit volume (25th percentile)$10k
All revenue received from customers for services rendered, as approved by each state.
- Annual unit volume (75th percentile)$219k
All revenue received from customers for services rendered, as approved by each state.
- 1-year Median AUV growth rate77.0%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$59k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open4 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate14.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio2.9×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 45 of 50 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.