Clearview Insurance

The royalty rate of 40.0% is significantly higher than the typical range of 14.0-20.0% for Financial & Insurance franchises. How does this rate compare to competitors in this space, and what specific services or support justify this higher percentage?

Given the 0.0% transfer rate versus a typical range of 0.45-5.35%, are there contractual restrictions that discourage or prevent franchisees from selling their units to third parties?

The franchise has grown from 1 unit 3 years ago to 12 units today (128.9% CAGR). How many of these units were opened by new franchisees versus expanded by existing franchisees, and what percentage were developed by the franchisor directly?

One unit closed or ceased operations in 2024. Can you provide details on the reason for this exit and whether the franchisee is still involved in the business or has completely departed the system?

The franchise agreement includes 32 non-curable defaults resulting in automatic termination without notice. Which of these defaults are most commonly triggered, and have any franchisees actually been terminated under this provision?

Your renewal conditions require 9 specified criteria to be met for the additional 10-year term. Can you provide the complete list of these conditions and detail which conditions most frequently result in franchisees being denied renewal?

The agreement mandates minimum sales commissions each year. What are these minimum thresholds, how are they calculated, and what happens if a franchisee falls short of the target?

The 2% marketing spend requirement is based on quarterly sales commissions. Can you clarify whether franchisees have flexibility in how this 2% is allocated, or must it be directed through franchisor-approved channels?

All disputes require binding arbitration in Miami-Dade County, Florida with jury trial waiver. How does this impact franchisees located outside Florida, and are travel costs for arbitration the franchisee's responsibility?

Personal guarantees are required from all owners and spouses. If a franchisee defaults, does the franchisor pursue both the entity and the guarantors individually, and are there examples of this occurring?

The franchise fee is $30,000 and the transfer fee is $25,000, with a $12,500 renewal fee. Are there any other fees or hidden costs not detailed in the initial disclosure document?

Since there have been no litigation cases in the franchisor's history, do you have any franchisees who have filed complaints or disputes that were resolved through mediation or arbitration rather than court?

What specific insurance products or services do franchisees provide, and does the franchisor have exclusive relationships with insurers or licensing arrangements that franchisees must maintain?

Given the rapid expansion, what is the franchisor's target for unit growth over the next 3-5 years, and are there any geographic markets or saturation concerns you foresee?

Can you provide the current status of the one unit that closed in 2024 and the one that ceased operations? Were these voluntary exits or were there underlying performance or compliance issues?

The non-compete is 2 years nationwide with no mileage limitation. If a franchisee leaves the system, can they provide insurance services of any kind during this 2-year period, or does the restriction cover all insurance-related business?

What is the average sales commission or revenue per unit among current franchisees, and what is the typical timeline for a franchisee to become profitable?

Does the franchisor provide any Item 19 financial performance data or earnings claims to prospective franchisees during the sales process?

With territory being non-exclusive, can the franchisor open additional units in the same geographic area as an existing franchisee? Have there been any instances of this occurring?

The agreement includes a $150 non-compliance fee for late payments. Beyond this fee, what are the consequences of late royalty or ad fund payments, and when does the franchisor initiate collection or termination proceedings?