Fiesta Auto Insurance Delivers Positive Results at First Annual National Conference
Huntington Beach-based Chain Gains Strong Market Share Across Two Popular Industries: Insurance and Tax
June 10, 2010 // Franchising.com // Huntington Beach, Calif. – Fiesta Auto Insurance franchise owners and company corporate executives joined together at the Shorebreak Hotel in Huntington Beach to participate in the company's first national conference and celebrate system-wide successes.
The one-day event focused on the strength of the Fiesta Auto Insurance franchise system and its remarkable growth since starting to franchise in 2006. Corporate executives took turns leading informative presentations on effective business strategies and best practices for Fiesta franchise owners to implement in their local markets across the nation.
"It was great to have our Fiesta franchise owners join together in an open forum to educate each other and share best practices," said John Rost, Founder and President of Fiesta Auto Insurance. "We look forward to continuing to enhance our systems throughout the year and are excited about Fiesta's extensive growth nationwide."
In addition, Fiesta Auto Insurance presented two Diamond Awards to franchise owners Javier Garcia and Frank Magana for reaching $1 million-plus in sales.
"As a burgeoning franchise concept that mixes two highly popular industries, insurance and tax preparation services that target the budget-minded and Hispanic consumer, it is an honor to have such strong business leaders representing the Fiesta Auto Insurance brand," added Rost.
Impressively, Fiesta Auto Insurance opened 20 new locations across the country during the first quarter of 2010. The company's unprecedented growth has increased its presence to more than 60 open locations throughout the United States, coinciding with another company record, which saw franchise system-wide sales more than double during the first three months of 2010.
The franchise opportunity is available to investors who want to start a new business, or existing independent operators who are interested in converting to Fiesta Auto Insurance. With an initial franchise fee of $10,000 and total suggested capital ranging between $30,000 and $50,000, the Fiesta Auto Insurance franchise opportunity provides investors with a low-cost, low-overhead, franchise investment. The company provides the necessary support tools for its franchisees, including marketing, ongoing training and financial reporting. As part of a company renowned for its strong reputation throughout the insurance industry, Fiesta Auto Insurance franchisees benefit from favorable carrier relationships and higher commissions. The brand's colorful logo, featuring its animated bird mascot, Max, has helped establish widespread consumer awareness.
Beyond auto insurance, Fiesta offers insurance services for watercrafts, motorcycles, homeowners, rentals, condos, apartments, tenant-occupied property, commercial auto, commercial property, commercial general liability, Mexico insurance and special-event coverage.
About Fiesta Auto Insurance
Fiesta Auto Insurance is the nation's only insurance and tax preparation services franchise with more than 60 locations open throughout the nation. Specializing in insurance policies and tax preparation, Fiesta Auto Insurance is a one-stop-shop for customers interested in personal and commercial automotive, homeowners, rental, condo, apartment, commercial property, Mexico insurance, and special event insurance coverage. In addition, customers can also receive tax preparation services, motor vehicle registration services, travel services and instant wire money transfers.