Nicolas Estrella is the founder of Estrella Insurance. Estrella Insurance provides insurance for automobiles, homes, businesses, boats, motorcycles, and recreational vehicles.
The company began franchising in 2008, after being founded in 1980. Pronto Insurance has 120 franchises in the United States as of 2018.
Estrella delivers all information in both English and Spanish, with offices in Florida, Arizona, California, and Texas, and “”adding new states all the time,”” as their website states.
Who is the Founder of Estrella Insurance
Nicolas Estrella, who was born in Cuba and founded the company in Miami in 1978, is a colourful character who, according to the Miami Herald in 2012, is an auto insurance billionaire with an 80-foot yacht next to his Mediterranean villa on Key Biscayne.
Nicolas Estrella Jr., the CEO, started franchising in 2008.
How much does Estrella Insurance franchise cost?
Estrella Insurance charges a $25,000 franchise fee, with a total initial commitment ranging from $12,250 to $84,000.
Initial Investment: $12,250 – $84,000
Net-worth Requirement: $50,000
Liquid Cash Requirement: $50,000.