Question 1

How many Brightway Insurance franchise locations are there?

Accepted Answer

Brightway Insurance currently has 341 total units, including 338 franchised locations and 3 company-owned locations.

Question 2

Is the Brightway Insurance franchise system growing or shrinking?

Accepted Answer

Brightway Insurance has experienced positive net growth of +1.2% over the past year, with a 3-year compound annual growth rate (CAGR) of +5.9%.

Question 3

What is the franchise vs. company-owned ratio for Brightway Insurance?

Accepted Answer

Brightway Insurance has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Brightway Insurance franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Brightway Insurance had 67 units opened and 48 units closed.