Blue Eagle Investigations Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$56,840 - $165,575
Franchise Fee
$37,500
Total US Locations
17
Business Summary
Blue Eagle Investigations® franchisees operate a private investigations business that specializes in the insurance fraud industry. The business provides investigative services to insurance companies, third-party administrators, self-insured companies, and their defense counsel. Franchisees operate this business using the Blue Eagle Investigations® system and proprietary marks.
Corporate History
Blue Eagle Franchising, LLC was organized in Kansas on April 6, 2018. Its affiliate, Blue Eagle Investigations, Inc., was incorporated in Missouri on April 25, 1994, and has operated a private investigations business similar to the one offered for 29 years. Blue Eagle Franchising, LLC began offering and selling Blue Eagle Investigations® franchises in December 2018.
Financial Overview
Investment Range
$56,840 - $165,575
Franchise Fee (Low)
$37,500
Franchise Fee (High)
$100,000
Royalty %
20%
Marketing %
2%
Equipment Costs (High)
$2,000
Working Capital
$6,500
Audited Financials
Yes
Offers Financing
Yes
Audit Opinion
Unqualified opinion
Financial Health Notes
Blue Eagle Franchising, LLC's financial condition, as noted in its financial statements, raises doubts about its ability to provide services and support to franchisees. The auditor's report for Blue Eagle Franchising, LLC also indicates that management is required to evaluate if there are conditions that raise substantial doubt about the company's ability to continue as a going concern.
Financing Details
Blue Eagle Franchising, LLC may offer financing for up to 75% of the initial franchise fee to qualified franchisees. The loan carries an 8% annual interest rate. Repayments are made bi-monthly, calculated as 5% of the franchisee's gross revenue. The debt can be prepaid without penalty. Franchisee owners must personally guarantee the loan, sign a security agreement, and a confession of judgment. If the franchisee defaults, the entire unpaid balance becomes immediately due, and the franchise agreement may be terminated.
Performance Metrics
Total US Locations
17
Franchised Units
16
Corporate Units
1
Franchising Since
2018
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
1
Litigation Summary
Blue Eagle Franchising, LLC has one lawsuit to report. This lawsuit was filed in November 2023 in the Johnson County District Court, State of Kansas, against Blue Eagle of Michigan LLC and Steven Taylor. Blue Eagle Franchising, LLC is seeking to enforce a promissory note that the defendants had entered into with the franchisor.
Bankruptcy History
Blue Eagle Franchising, LLC has no bankruptcy history to report for itself or its management team.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew the Blue Eagle Investigations® franchise, franchisees must be in good standing and not in default of their agreement, pay a successor franchise fee, and sign the then-current franchise agreement, which may have materially different terms. Franchisees must provide written notice of their intent to renew between 6 and 12 months before their current agreement expires.
Training & Support Program
Franchisor Assistance
Before opening, Blue Eagle Franchising, LLC designates the franchisee's territory, provides written specifications for required items, lists approved suppliers, and grants electronic access to confidential operations manuals. It also provides an initial training program for the operating principal and manager. During operation, Blue Eagle Franchising, LLC provides updates to manuals, offers remote or in-person assistance (which may incur fees), maintains a brand website including franchisee information, and may hold conferences or seminars. Blue Eagle Franchising, LLC conducts periodic inspections of the business and financial records, provides a required business email address, and refines products and services. The franchisor may also suggest or specify pricing, and require franchisees to update vehicles, equipment, and technology.
Initial Training Hours
32
Training Location
Paola, Kansas or at locations of Blue Eagle Investigations® investigators
Ongoing Support
Blue Eagle Investigations® franchisees receive ongoing support through updates to the operations manuals and remote or in-person assistance (though fees may apply for additional in-person training). The franchisor maintains a brand website that includes franchisee business information. Blue Eagle Investigations® may also hold conferences and seminars to discuss business improvements and issues, conduct periodic inspections of the franchise business and financial records, provide a required business email address, and refine products or services. Additionally, the franchisor may suggest pricing and require franchisees to update their vehicles, equipment, and technology.
Franchise Requirements
Ideal Candidate Profile
Blue Eagle Investigations seeks an operating principal who will personally participate in the direct operation and supervision of the Blue Eagle Investigations business. The operating principal must manage the day-to-day operations and work sufficient hours to ensure maximum capacity and efficiency. They must conduct frequent inspections, review client interactions and reports, and uphold the highest standards of professionalism and compliance. Both the operating principal and any manager must have appropriate licensing and necessary experience for private investigation work. Candidates must be available to operate the business 7 days a week and work hours dictated by caseload and client requests. Franchisees, their operating principals, and management employees must avoid any interest or business relationship with competing businesses. Ideal candidates are also expected to operate the business from a home office, as most franchisees do.
Industry Experience Required
Yes
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Home-Based
Owner Participation
hands-on
Territory Type
Exclusive
Territory Size Requirements
Blue Eagle Investigations® generally defines a franchise territory as an entire state. However, larger and more populated states like Florida, California, New York, and Texas may be divided into multiple franchise units.
Staffing Notes
Blue Eagle Franchising, LLC does not assist franchisees with hiring, firing, discipline, scheduling, management, compensation, supervision, or defining work rules or working conditions for employees. These responsibilities fall solely to the franchisee, who must ensure compliance with all state and federal employment laws. While a sample employee guide may be provided, it is only an example, and franchisees must seek their own legal counsel to draft their employee handbook.