Franchise With

Goosehead Insurance

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General

Industry

Category
Year Founded
2003

Number of Locations

Total U.S. Locations

1240
U.S. Franchised Units
1226
U.S. Corporate Units
14

Other

Initial Investment

Gross Revenue

$93,605
Works With Brokers
No
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Brand Summary

Goosehead is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services through corporate and franchise locations throughout the United States. Goosehead was founded on the premise that the consumer should be at the center of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience.

Voted #1 Insurance Franchise:
The power of choice, our industry leading technology, superior back office support, and our world class customer service have made us the #1 insurance franchise in the world. We offer our agents unparalleled autonomy, providing access to over 150 top insurance providers to perfectly meet client needs. Our cutting-edge technology streamlines operations, giving us a competitive edge in the fast-paced market. Our top-notch back-office service manages daily tasks, freeing agents to focus on sales and business growth.

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Brand Highlights

Power of Choice Platform
Industry Leading Technology
Our Best-in-Class Service Team
Proven Business Model

Financials

Initial Investment
$40,000 - $118,500
Franchise Fee
$25,000-60,000
Royalty
20% New Business, 50% Renewals%
Marketing Fee
0
Financial Requirements
$40,000

Key Franchise Facts

Average Unit Volume* (AUV) 2020

$65,146

Average Unit Volume* (AUV) 2021

$62,758

Average Unit Volume* (AUV) 2022

$76,505
*as outlined in Item 19 of the Franchise Disclosure Document.

The Ideal Candidate

Our ideal franchise owners come from diverse backgrounds but share a few key characteristics. They are small business owners with insurance experience or entrepreneurs looking to make their mark. Their backgrounds have equipped them with a strong work ethic, resilience, and a knack for relationship-building. They're competitive, goal-driven, coachable, and have the leadership skills to build and scale a team.

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The Ideal Candidate

Our ideal franchise owners come from diverse backgrounds but share a few key characteristics. They are small business owners with insurance experience or entrepreneurs looking to make their mark. Their backgrounds have equipped them with a strong work ethic, resilience, and a knack for relationship-building. They're competitive, goal-driven, coachable, and have the leadership skills to build and scale a team.

Frequently asked questions

Does Goosehead offer training?

Yes, we have a mandatory two-week training program that begins once licensing and onboarding are completed. After completing initial training, you’ll have access to ongoing support and resources, including webinars, coaching sessions, and regional meetings, that will keep you up-to-date on the latest industry trends and best practices.

Do I need to have prior insurance experience?

No, you do not need prior insurance expertise to open a Goosehead agency. Goosehead helps you get licensed by providing resources and guidance. Our robust training program and dedicated back-office teams are ready to help you successfully launch your agency.

Do I hire my own staff and how many do I need?

Yes, as a business owner, you have the freedom to hire your own staff. Goosehead offers resources and assistance to help you find the right talent for your agency if you need help. We recommend that you take the first year to focus solely on growing your book of business before thinking about hiring staff.

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