Ani Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
ANI (All Nevada Insurance) is an insurance agency franchise selling auto, home, commercial, life, and health insurance. Franchisees run local offices, selling and servicing policies and managing client relationships.
FranchiseVerdict summary · 2026
A ANI franchise requires a total initial investment of $59K – $145K, including a $25K franchise fee and an ongoing 10.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $59K – $145K
- 30th pct Financial Ser…
- Avg gross sales
- N/A
- Royalty
- 10.0%
- 7th pct Financial Ser…
- Units
- 15
- 25th pct Financial Ser…
- SBA charge-off
- N/A
Quick verdict · Financial Services · color = vs category peers
Green = favorable by >10% vs Financial Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $59K – $145K including a $25K franchise fee, 10.0% ongoing royalty.
- RETURNSAudited statements of income for All Nevada Insurance, Inc. dba ANI, fiscal year ended December 31, 2022 (most recent); revenue $3,827,438 (2022) vs $3,272,553 (2021). Cost of revenue $2,284,835; gross profit $1,542,603; net income $475,303 (includes prior-year PPP loan forgiveness of $89,400 in 2021, none in 2022).
- RISKVerdict A (Strongest tier), verdict score 69/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- All Nevada Insurance, Inc.
- CEO title
- President
- Edmund Williams
- CEO experience
- 1 yr
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- NV
- HQ
- 9440 W. Sahara Avenue, Suite 210, Las Vegas, NV 89117
- Auditor
- Ellsworth • Stout CPAs and Consultants
- Audited financials
- Franchisor revenue
- $3.8M
- vs $3.3M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Edmund Williams
- Headquarters
- NV
- Founded
- 2002
- FDD year
- 2023
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 22% below the typical financial services franchise.
Source: FDD 2023 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $25K | |
| Office Furniture | $0 | $8K | |
| Furnishings and Fixtures | $500 | $2K | |
| Communications and Computer Equipment and Software | $0 | $7K | |
| Banking Equipment | $0 | $800 | |
| Utility and Internet Service Deposits | $600 | $1K | |
| Signage | $4K | $8K | |
| Grand Opening Advertising and Marketing Materials | $0 | $4K | |
| Email and Social Media Platforms | $0 | $500 | |
| Training | $0 | $4K | |
| Real Estate (first 6 months) | $6K | $30K | |
| Real Estate Deposit and Improvements | $5K | $20K | |
| Professional Fees | $0 | $4K | |
| Business Licenses | $100 | $2K | |
| Insurance | $0 | $1K | |
| Additional Funds (First 6 Months) | $18K | $30K | |
| Total initial investment | $59K | $145K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $59K – $145K
- Top 40% of category vs category
- Liquid capital req'd
- $18K – $30K
- Bottom third — review vs category
- Franchise fee
- $25K – $25K
- Top 40% of category vs category
- Royalty
- 10.0%
- tiered · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 10.0% of gross sales |
| Transfer fee | $5K |
| Total fee load | 10.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
ANI did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one ANI unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
60%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2023 FDD
Financial Performance
Audited statements of income for All Nevada Insurance, Inc. dba ANI, fiscal year ended December 31, 2022 (most recent); revenue $3,827,438 (2022) vs $3,272,553 (2021). Cost of revenue $2,284,835; gross profit $1,542,603; net income $475,303 (includes prior-year PPP loan forgiveness of $89,400 in 2021, none in 2022).
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 10.0% — below the Financial Services average of 17.0%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 40.0% CAGR over 3 years across 15 units — operators are staying and new ones are joining.
Multi-unit rate
50% of franchisees own multiple units, a moderate multi-unit rate.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Financial Services averages
How Ani Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 15
- Opened
- 2
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 93%
- vs corporate-owned
- Multi-unit owners
- 50.0%
- Net growth (3-yr)
- +40.0%
- Net unit change over 3 years
- 3-yr CAGR
- +40.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 5
- Franchisor's next-year forecast
- Transfer rate
- 6.7%
- Owners selling to other franchisees
- Ceased ops
- 6.7%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $235K
- Median loan
- $235K
- average
- Charge-off rate
- N/A
- limited sample (1 loan) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
ANI presents elevated risk due to lack of financial transparency, stalled growth trajectory, escalating royalties, and corporate going concern issues that undermine long-term viability.
Litigation (Item 3)
No litigation required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Ellsworth • Stout CPAs and Consultants
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 69 / 100 verdict
- 01MINORNo average revenue or net income disclosure (Item 19) — impossible to validate investment ROI claims
- 02HIGHGoing Concern status is FALSE, suggesting potential financial instability at corporate level
- 03MINORMinimal unit growth (7.7% YoY) with only 15 total franchises — system appears stalled
- 04MEDZero territory protection in commission-based model increases direct competition between franchisees
- 05MINORSmall franchise fee ($25,000) relative to total investment suggests thin corporate margins and support resources
- 06MEDCommission-based revenue model is highly volatile and dependent on macroeconomic conditions
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 10.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Territory type | none |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 90 days |
| Mandatory arbitration | Yes |
| Arbitration location | Las Vegas, Nevada |
| Jury trial waiver | Yes |
| Governing law | NV |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 80 hrs
- On-the-job training
- 200 hrs
- Training location
- Las Vegas, Nevada (classroom); franchisee's office or online (OJT)
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
- POS system
- Rating System and Management System (EZ Lynx)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Rating System and Management System (EZ Lynx)
Item 20 · call current owners
Franchisee Contacts
5 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
ANI · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a ANI franchise?
The total investment to open a ANI franchise ranges from $59K – $145K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do ANI franchise owners earn?
ANI does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the ANI FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the ANI FDD and qualifies whose outlets they describe.
What is ANI's franchise failure rate?
SBA 7(a) loan charge-off data is not available for ANI (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many ANI franchise locations are there?
As of their most recent FDD filing, ANI has 15 total units in the United States, including 14 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is ANI a good franchise to buy?
FranchiseVerdict rates ANI as a A-grade franchise with a verdict score of 69 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent ANI, you can request corrections or provide updated information.
Other Financial Services franchises
Compare similar franchise opportunities in the Financial Services category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.