Question 1

Does Brightway Insurance franchise offer exclusive territory?

Accepted Answer

Brightway Insurance offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Brightway Insurance franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Brightway Insurance is 5 years. Franchisees may renew up to -1 times for 5-year periods. The total potential term is 0 years.

Question 3

What is the non-compete clause for Brightway Insurance franchise?

Accepted Answer

The Brightway Insurance franchise non-compete clause extends for 2 years within a 20-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Brightway Insurance franchise?

Accepted Answer

Yes, Brightway Insurance allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $25,000 applies.