Velox Insurance - Franchise
Velox Insurance is one of the Southeast’s premier independent insurance agencies. We are looking for ambitious, goal driven, and customer focused franchisees to continue our growth nationwide. We currently have 40 locations in Georgia and 1 in Florida. Opportunities to open a Velox Insurance franchise office are available nationwide. Join us to offer great affordable insurance options now to Your Community! Become Part Of The Growth With Velox Insurance.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $100,000 What does Net Worth mean? |
| Total Investment: | $68,600 - $118,975 What does Total Investment mean? |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | 10% |
Franchisor Details
Facts about this franchise:
| Total Units: | 41 |
|---|---|
| Home Office: | Atlanta, GA |
| Year Founded: | 2003 |
| Franchising Since: | 2019 |
What Does a Velox Insurance Franchise Cost?
To buy a franchise with Velox Insurance, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $68,600 - $118,975. They also offer a discount for veterans (10%) . *
Become Part Of The Growth
With Velox Insurance
Open A Velox Franchise In Your Community Now
Velox Insurance is one of the Southeast’s premier independent insurance agencies. We are looking for ambitious, goal driven, and customer focused franchisees to continue our growth nationwide. We currently have 40 locations in Georgia, 1 in Florida and are now expanding in Florida and into Texas. Opportunities to open a Velox Insurance franchise office are available nationwide. Join us to offer great affordable insurance options now to your community.
The Opportunity
Velox Insurance offices are independent insurance agencies offering a full selection of insurance products from multiple carriers. Auto, Homeowners, Renters, Motorcycle, Boats, Mobile Home, General Liability, Business and Commercial Auto coverage. This great selection of insurance products brings many customers to your doors and they are truly your customers. Build ongoing value in your business and location.
Low Cost Initial Investment & Low Staff Requirements
Starting a Velox Insurance Franchise location can be less costly than other businesses. No major equipment purchases, no large inventories needed, low staff requirements as most offices only require 1-2 staff members or can be solely owner operated. Franchise Fee is $20,000 and the initial investment range is $68,600 to $118,975. We also offer a Multi-Unit Development agreement with reduced franchisee fees on additional locations.
Insurance Technology Innovation
We are always looking for ways to improve workflow and to offer the fastest and most reliable service to our customers. Technology improvements are becoming more important everyday and Velox Insurance is leading the industry. We now offer instant online insurance quotes and allow the customer to quote, compare and buy the policy directly through our website on desktop or mobile. All franchise locations will be capable to sell policies online through their own custom page on our website to drive and market to their potential customers.
Why A Velox Insurance Franchise Is Right For You
Insurance Products
Wide selection of insurance products including Auto, Homeowners, Renters, Motorcycle, Business, Commercial Auto, Roadside Assistance & Many More.
Continued Growth
We are growing and now is the time to become a part of the team. We are expanding in Georgia, Florida, and Texas and servicing customers nationwide.
Innovation
Always looking for new and innovative ways to offer better service to our customers and franchisees by developing our own software and processes.
Franchise Support
Extensive training program and systems to help build your business. We are committed to helping make your business successful. You will benefit from ongoing training, research and development of new or additional products, new software development, and operations support.
Our Ideal Candidate
Velox Insurance is one of the Southeast’s premier independent insurance agencies. We are looking for ambitious, goal driven, and customer focused franchisees to continue our growth nationwide. We currently have 40 locations in Georgia and 1 in Florida and are now expanding into Florida and Texas. Great opportunity for current insurance agents working for other agencies. Start your own insurance agency today as an owner-operator or plan to open multiple locations and staff with agents. You must have a minimum of $50k in liquid capital.
Interested in learning more? Fill out the form today!
Availability
Velox Insurance is currently accepting inquiries from the following states:
Interested parties should have at least $50,000 in liquid capital to invest.
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