Sunup franchise costs are significantly less than most franchises, particularly due to low initial staffing needs and no necessity to build out a separate retail space if you already have an existing business retail location.
Though actual costs vary depending on local market prices, a typical initial franchise investment* for each Sunup location is structured like this:
|Initial Training||$300 – 3,000|
|Leasehold Improvements||$0 – 10,000|
|Rent and Security Deposit||$0 – 5,000|
|Signage||$1,000 – 4,000|
|Equipment and Furniture||$0 – 7,000|
|Computers and Software||$1,000 – 5,000|
|Start-up Supplies/Inventory||$500 – 2,500|
|Grand Opening Marketing||$1,000 – 3,500|
|Insurance||$500 – 2,000|
|Professional Fees||$1,250 – 3,750|
|Utilities||$200 – 1,000|
|Licensing costs||$500 – 2,500|
|Additional Funds (3 months)||$3,000 – 9,000|
|Typical Total Initial Investment||$34,250 – 83,250|
|*Per FDD, approximate total investment range is $34,250-$83,205|
Agency Developer opportunities are also available and costs for those will differ from above single franchise territory estimates. Please contact us for more information on Agency Developer opportunities.
Because every candidate is different, we offer 2 franchise tiers to applicable candidates to explore the SUNUP franchise opportunity.
Ideal candidates will have 1-4 existing insurance agencies operating in retail spaces or intends to open a few new insurance practices operating as SUNUP.
Ideal candidates will have experience in the insurance industry recruiting, leading teams or managing people. Agency developers will be responsible for recruiting new Agents to open SUNUP agencies.