Padgett Business Services vs We Insure
Franchise Comparison 2026
Both Padgett Business Services and We Insure are financial services franchises. Padgett Business Services requires an investment of $117K – $117K while We Insure requires $70K – $138K. Padgett Business Services has SBA lending data on file with a 8.7% charge-off rate. FranchiseVerdict rates Padgett Business Services A (Strongest tier) and We Insure D (Below average).
| Metric | Padgett Business Services | We Insure |
|---|---|---|
| Verdict Grade | AStrongest tier | DBelow average |
| Investment Range | $117K – $117K | $70K – $138K |
| Franchise Fee | $63K | $50K |
| Royalty Rate | 9.0% | Franchisor's Retained Commission (its 'royalty') is 25% of sales commissions on new business and 45% on renewal business, retained from the insurance carrier commissions — not a percentage of gross sales. |
| Average Revenue (Item 19) | N/A | N/ANo Item 19 representation |
| SBA Charge-Off Rate | 8.7% (65 loans) | Limited data |
| Total Units | 167 | 157 |
| Unit Growth (YoY) | +1 units | -39 units |
| Year Began Franchising | 1988 | 2017 |
| FDD Year | 2025 | 2025 |
Investment Range
$117K – $117K
$70K – $138K
Franchise Fee
$63K
$50K
Royalty Rate
9.0%
Franchisor's Retained Commission (its 'royalty') is 25% of sales commissions on new business and 45% on renewal business, retained from the insurance carrier commissions — not a percentage of gross sales.
Average Revenue (Item 19)
N/A
N/ANo Item 19 representation
SBA Charge-Off Rate
8.7% (65 loans)
Limited data
Total Units
167
157
Unit Growth (YoY)
+1 units
-39 units
Year Began Franchising
1988
2017
FDD Year
2025
2025