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Fiesta Auto Insurance and Tax Service
Insurance and tax service
Launched in 1999 to cater primarily to Hispanic customers, Fiesta Auto Insurance currently has franchisees in California, Texas, New York, Missouri and Florida and is franchising in 42 states. Franchisees focus on providing personalized service, with access to more than 40 insurance carriers that can provide coverage for clients’ autos, homes, businesses, rental properties, boats, or motorcycles. Because a sizable percentage of Fiesta’s core customers lack regular banking services, many Fiesta Auto Insurance Centers also offer income tax preparation services. To boost their incomes even further, franchisees can also add on services such as money transfers and motor vehicle registration.
Fiesta Auto Insurance and Tax Service
16162 Beach Boulevard
Huntington Beach, CA 92647
714-842-5420
Fast Facts
| Year established | 1999 |
| Franchising since | 2006 |
| Can be run from home? | No |
| Number of employees needed | 1 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| % of franchisees who own multiple units | 20% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 94 | 0 | 2 |
| 2010 | 89 | 0 | 0 |
| 2009 | 54 | 0 | 2 |
Expanding in These Locations
United States
Costs
| Total Investment | $3,400 - $79,400 |
| Franchise Fee | $0 - $10,000 |
| Royalty Fee | 25% - 15% |
Financial Requirements
| Net Worth | $100,000 |
| Liquid Capital | $50,000 |
Financing
| Does franchisor offer financing? | Yes |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Fiesta Auto Insurance and Tax Service
16162 Beach Boulevard
Huntington Beach, CA 92647
714-842-5420
