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At a Glance
Products & Services: Auto repair & maintenance
Number of Locations: 29
Total Investment: $153.5K - 372.5K
Founded: 2003
Began Franchising: 2003
About Honest-1 Auto Care LLC
Founded in 2003, Scottsdale, Arizona-based Honest-1 Auto Care offers automotive repair and maintenance services, including oil changes, brake repair, tune-ups, transmission repair and preventative maintenance.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 29 | 0 | 0 | 0 |
| 2011 | 23 | 0 | 0 | 0 |
| 2010 | 23 | 0 | 0 | 0 |
| 2009 | 19 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $153,500 - $372,500
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $100,000
Operations
17% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 - 6. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Ongoing training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks,
Franchise Ranking History
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