Legacy Claims Services
Insurance appraisal business providing inspections, appraisals, estimates, and investigations for auto, personal property, and real estate for residential and commercial customers.
Your franchise match score
Business & Professional Services
Brand highlights
- CEOPatrick Wright
- Headquarters5550 Granite Parkway, Plano, TX, 75024
- Year founded2023
- Year started franchising2023
- IndustryBusiness & Professional Services
- Locations open31 (+31 last three years)
Statistics & metrics
- Investment range$67,900 - $137,900
- Franchise fee$49,900
- RoyaltyThe greater of: (i) The percentage on the 5th day of the month of Gross Revenue in accordance with the following schedule: 15% of Gross Revenue Or (ii) The minimum monthly Royalty Fee in accordance with the following schedule: Year 1 - $0/month Year 2 $1,500/month Years 3 thru remainder of the Term $3,000/month
- Brand fundAn amount we determine periodically, but not to exceed 3% of Gross Revenue; Currently, 2% of Gross Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Business & Professional Services industry:
From consulting and staffing to printing and shipping, business services franchises provide essential support to other companies. This sector is ideal for those with a background in corporate environments or B2B sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-06-20
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Legacy Claims Services, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Legacy Claims Services's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Legacy Claims Services, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Legacy Claims Services franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Legacy Claims Services provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 31 |
| Franchise locations | 29 |
| Corporate locations | 0 |
System growth over time
FAQs
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