Freeway Insurance logo

Freeway Insurance Franchise

Audited Financials
Financial ServicesEst. 2021Huntington Beach, CA
www.freewayfranchise.com
Financing Available

Risk Score

Pending analysis

Investment Range

$10,950 - $84,000

Total US Locations

606

Business Summary

Confie Franchise Services, LLC licenses third parties to own and operate businesses called Freeway Insurance® Brokerages. These brokerages primarily focus on selling, servicing, and delivering various insurance services and related products to clients. They also offer ancillary products like roadside assistance, identity theft protection, and car registration. The business model includes offering insurance either directly through approved carriers or through carriers with which Confie Franchise Services' affiliate, FISA, has contracts.

Corporate History

Confie Franchise Services, LLC was originally formed on February 1, 2021, in Delaware, and then converted to a Nevada limited liability company on May 19, 2021. The company began selling franchises as of the FDD's issuance date, April 14, 2025. While Confie Franchise Services, LLC itself is relatively new, its affiliate, FISA, has been operating Freeway Brokerages since 1987, providing a long history of experience in the insurance industry through its related entities.

Financial Overview

Investment Range

$10,950 - $84,000

Franchise Fee (High)

$25,000

Royalty %

14%

Marketing %

7%

Equipment Costs (Low)

$11,000

Equipment Costs (High)

$24,000

Working Capital

$10,375

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

The financial statements for Confie Franchise Services, LLC indicate a net loss of $534,311 in 2023, resulting in an accumulated deficit of $1,621,245 as of December 31, 2023. These factors led the auditors to note substantial doubt about the company's ability to continue as a going concern in the 2023 financial report. However, in 2024, Confie Franchise Services, LLC reported a net income of $360,118, reducing the accumulated deficit to $1,261,127. The company's management states that the parent company is committed to its success and has sufficient cash to fund operations, and they do not anticipate incurring a net loss in the coming year.

Financing Details

Confie Franchise Services, LLC offers direct financing for a portion of the initial franchise fee. Franchisees who meet credit standards may finance up to 50% of the initial fee. This financing is payable over a term not exceeding two years, with an interest rate equal to the Prime Rate as published by the Western Edition of the Wall Street Journal plus 4%. For example, in 2024, interest rates ranged between 10.0% and 12.5%. Franchisees will sign a standard promissory note and are required to provide a personal guaranty from themselves, their spouse, and all owners of their business entity. Confie Franchise Services, LLC also takes a security interest in the franchise and its assets. If a franchisee defaults on payments, Confie Franchise Services, LLC can demand immediate payment of the full outstanding balance, seek collection costs including attorneys' fees, and may terminate the franchise agreement. They can also repossess the franchise and its equipment, fixtures, and improvements.

Performance Metrics

Total US Locations

606

Franchised Units

33

Corporate Units

573

Avg Square Footage

1,000

Franchising Since

2025

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise agreement, Freeway Insurance® franchisees must provide written notice between 6 to 12 months before their current term expires. They must not be in default of their franchise agreement, demonstrate their right to occupy the approved premises, and pay a $5,000 successor fee for each five-year renewal term. Additionally, franchisees are required to sign Confie Franchise Services, LLC's then-current form of franchise agreement, which may have different terms, and a general release of all claims. They must also meet current new franchisee qualifications, fulfill any training requirements, and refurbish their brokerage to meet the franchisor's current standards.

Training & Support Program

Franchisor Assistance

Before a Freeway Insurance® brokerage opens, Confie Franchise Services, LLC assists with site evaluation, provides preliminary plans and layouts, and reviews the franchisee's lease. They offer initial management and operations training for the franchisee and their Brokerage Principal Operator. After opening, ongoing support includes periodic individual or group coaching, advice on new operating methods, and guidance on using the Confidential Operations Manual. Confie Franchise Services, LLC also provides access to approved insurance carriers and ancillary product providers, a shared services center for customer service and support, and assistance with accounting and policy processing. They may also offer opportunities to participate in group purchasing programs. The franchisor retains the right to modify the system and operational manual as needed.

Initial Training Hours

77

Training Location

Online/virtual or in-person in Huntington Beach, CA

Ongoing Support

After opening, Freeway Insurance® franchisees receive periodic individual or group coaching and training on operating the brokerage. This includes advice on new methods, business procedures, and using the operations manual. Confie Franchise Services, LLC conducts periodic visits and audits of the approved location and offers opportunities to participate in group purchasing programs for equipment, supplies, and insurance. They use commercially reasonable efforts to provide access to approved carriers, contracted carriers, and ancillary product providers, along with access to a shared services center. The franchisor also assists with accounting and processing policy applications and provides information regarding client accounts. Additional training is available if needed or requested, for a fee.

Franchise Requirements

Ideal Candidate Profile

Confie Franchise Services, LLC requires that the Brokerage Principal Operator for a Freeway Insurance® brokerage be an individual who is licensed by all applicable governmental and regulatory authorities. This person must successfully complete all initial and ongoing training required by the franchisor and be approved in writing. They will serve as the primary point of contact for business matters and have the authority to make all business decisions for the brokerage. The Brokerage Principal Operator must also hold at least a five percent ownership interest in the franchisee's entity.

Industry Experience Required

Yes

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

hands-on

Territory Type

protected

Territory Size Requirements

Confie Franchise Services, LLC does not grant a minimum protected area size. The territory size will be determined based on factors such as population density, the urban or rural environment, the number of competitors, and other criteria as determined by the franchisor's discretion.

Staffing Notes

Confie Franchise Services, LLC requires that a Brokerage Principal Operator directly supervise each Freeway Insurance® brokerage at all times. This individual must be licensed, approved by the franchisor, and have at least a 5% ownership interest in the franchisee's entity. Franchisees are solely responsible for recruiting, training, and developing all other staff, ensuring they are qualified, competent, and properly licensed to sell insurance services and ancillary products. The franchisor provides initial training for the Brokerage Principal Operator and other approved designees, and may require additional training for staff. Franchisees must ensure their staff comply with all franchisor policies, standards, and applicable laws.