Legacy Claims Services Franchise FDD, Profits & Costs (2025)
Legacy Claims Services operates in the insurance appraisal industry, delivering a full suite of claims solutions for automobiles, property, heavy equipment, and specialty assets. Established in June 2021 by Mark Petty and Patrick Wright, the company is based in Birmingham, Alabama, where it continues to manage its growing operations.
As part of its expansion strategy, Legacy Claims Services launched a franchise program to allow qualified professionals to run their own businesses under the brand’s established systems and reputation for excellence.
The brand’s service portfolio includes auto damage appraisals, residential and commercial property claims, heavy equipment assessments, and specialty asset valuations. It also handles diminished value appraisals, re-inspections, and desk review services, ensuring clients receive accurate and efficient evaluations.
Legacy Claims Services stands out in the market for its speed, precision, and customer-focused approach.
Initial Investment
How much does it cost to start a Legacy Claims Services franchise? It costs on average between $68,000 – $138,000 to start a Legacy Claims Services franchised facility.
This includes costs for office setup, equipment, software systems, and initial operating expenses. The total investment varies based on factors such as the size and location of the territory, local market conditions, and whether the franchisee opts to lease or purchase office space.
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $49,900 |
| Real Estate/Rent | $0 to $2,000 |
| Renovations and Improvements | $0 to $5,000 |
| Office Equipment and Supplies | $300 to $2,000 |
| Computer & Software | $1,500 to $3,500 |
| Training | $1,200 to $3,500 |
| Vehicle | $1,000 to $40,000 |
| Marketing Materials | $500 to $1,500 |
| Insurance | $2,000 to $3,500 |
| Licenses & Permits | $0 to $1,000 |
| Certifications | $0 to $3,500 |
| Legal & Accounting | $1,500 to $2,500 |
| Additional Funds (3 months) | $10,000 to $20,000 |
| Total | $67,900 to $137,900 |
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Frequently Asked Questions
How many Legacy Claims Services locations are there?
As of the latest available data, Legacy Claims Services has 29 franchised locations across the United States.
What is the total investment required to open a Legacy Claims Services franchise?
The total investment required to open a Legacy Claims Services franchise ranges from $68,000 to $138,000.
What are the ongoing fees for a Legacy Claims Services franchise?
Legacy Claims Services franchisees pay ongoing fees that include a royalty fee of 15% of monthly gross sales and a marketing and advertising fee of 2% of monthly gross sales.
Who owns Legacy Claims Services?
The franchise is owned by the company Legacy Claims Services LLC, which was co-founded by Mark Petty and Patrick Wright in June 2021.
Disclaimer
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