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Honest-1 Auto Care

At a Glance

Products & Services: Auto repair & maintenance

Number of Locations: 23

Total Investment: $174.2K - 292.5K

Founded: 2003

Began Franchising: 2003

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 23 0 0 0
2010 23 0 0 0
2009 19 0 0 0
2008 17 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $174,200 - $292,500
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $90,000
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #338 (2011), #373 (2010),

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