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Entrepreneur: Top 500 Franchises

by Pronto Franchise | Mar 25, 2018 | Uncategorized

Check out our listing in Entrepreneur’s database of Top 500 Franchises – and watch us climb! https://www.entrepreneur.com/franchises/prontoinsurancefranchise/334191
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*This information appears in Item 19 of our Franchise Disclosure Document. Your results may differ. There is no assurance that you will earn as much.

This website and the franchise sales information on this site do not constitute an offer to sell a franchise. This offer of franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Certain states require that we register the FDD in those states. The communications on this website are not directed by us to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the FDD to the prospective franchisee in compliance with applicable law. ©2019 Pronto Insurance. All rights reserved.
Expenditure
(Note 1)
Amount Method of Payment When Due To Whom Paid
Initial Franchise Fee (Note 2) $20,000 to $40,000 (Depending on geographic location of your Franchised Business) Lump Sum When you sign the Franchise Agreement Pronto
Business Licenses & Permits (Note 3) $0 to $3000 As arranged As incurred Local and other state government agencies
Leasehold Improvements (Note 4) $5,000 to $15,000 As arranged As arranged Independent contractors, Lessor
Fixtures, Furnishings & Equipment (Note 5) $10,850 to $32,600 As arranged As incurred Approved Suppliers
Computer System (Note 6) $1,000 to $2,500 As arranged As incurred Approved Suppliers
Architect/​Engineering Fees (Note 7) $0 to $250 As arranged As incurred Independent contractors, Approved Suppliers
Rent, Security Deposits and Utility Deposits (Note 8) $3,000 to $5,000 As arranged As arranged Lessor, Utility companies
Other Professional Fees (Note 9) $100 to $200 As arranged As arranged Various service providers and contractors
Insurance Deposit (Note 10) $225 to $400 As arranged As arranged Insurance Providers
Initial Inventory of Operating Supplies $250 to $500 As arranged As incurred Pronto and Approved Suppliers
Training Expenses (Note 11) $0 to $1,500 As arranged Payment terms arranged with suppliers and your employees Suppliers and your employees
Grand Opening Advertising (Note 12) $2,500 to $5,000 As arranged As arranged Pronto and Suppliers
Additional Funds (for initial period of operations) (Note 13) $10,000 to $15,000 As arranged As needed Pronto, Suppliers, employees and other creditors
TOTAL ESTIMATED INITIAL INVESTMENT $52,925 to $120,950