The franchise offered is for the establishment and operation of an Honest Abe Roofing business ("Franchised Business"). Your Franchised Business will be a business that will offer customers roof repair services, new roof installation, and gutter installation, with the primary focus being new roof installation.
Company Background
Honest Abe Roofing provides professional roofing services for residential and commercial customers. Honest Abe is not just a business, it's a way of life. We are committed to providing our clients with the most exceptional customer service experience possible. Honest Abe cares about your home or business as much as you do!
Franchise Opportunity
You have a roofing problem, but you don't know where to start. Honest Abe Roofing is here for you! We will get your roof fixed or replaced with no worries about the cost, and we can do it fast! Honest Abe Roofing has been in business since 1828. Our experience allows us to fix any type of roof damage quickly and efficiently so that our customers can move on with their lives without worrying about their roofs. For new roofs, we offer high quality materials at competitive prices - plus, our services are guaranteed for life!
Corporate Structure
We are an Indiana corporation organized on June 21, 2017. As of the Issuance Date of this disclosure document, our principal place of business is 1070 Windsor Road, Terre Haute, Indiana 47802. We do business under the names 'Honest Abe Roofing,' and 'Honest Abe Roofing, The Reliable Roofer.' We do not do business under any other name. We have not offered franchises in other lines of business. We have affiliates who operate an Honest Abe Roofing business substantially similar to the Franchised Business being offered to you. Our affiliate, Abraham Lincoln's Honest Abe Roofing, LLC ('Affiliate'), is an Indiana limited liability company, doing business as Honest Abe Roofing, the Reliable Roofer, in Terre Haute, Indiana. Our Affiliate's principal place of business is 1700 E. Woodsmall Dr., Terre Haute, Indiana 47802. Our affiliate, Honest Abe Roofing of Indianapolis, Inc. is an Indiana corporation doing business as Honest Abe Roofing in Indianapolis, Indiana. Our affiliate's principal place of business is 5601 Fortune Circle S., Indianapolis, Indiana 46241. Our affiliate, Honest Abe Roofing of Muncie, Inc. is an Indiana corporation doing business as Honest Abe Roofing in Muncie, Indiana. Our affiliate's principal place of business is 2110 W. Enterprise Avenue, Muncie, Indiana 47304. Our affiliate, Honest Abe Roofing of Dayton, Inc is an Ohio corporation doing business as Honest Abe Roofing in Dayton Ohio. Our affiliate's principal place of business is 235 Advanced Drive, Springboro OH, 45066. Our affiliate, Honest Abe Roofing of Kansas City, Inc is a Kansas corporation doing business as Honest Abe Roofing in Kansas City, Kansas. Our affiliate's principal place of business is 7001 W 79th Street, Overland Park, KS 66204. Since 2007, our Affiliates have operated 1 or more outlets that are similar to the franchise offered in this Disclosure Document. Our Affiliates currently operate 5 outlets. We may utilize one or more of our Affiliate's outlets to test our System and System improvements. Our Affiliate does not offer franchises.
Royalties and Marketing Fees
Royalties : 5% of Gross Sales; but you must begin paying the minimum Royalty of $4000 per month if you are not open within 12 months of executing the Franchise Agreement for the first 12 months you are open and a minimum of $7000 per month for the remainder of the term, whichever is greater.
Royalties : Up to 3% of Gross Sales; currently 2%
Royalties : $5,000 per month
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Building & Construction Industry
$2,334,716 / unit
Franchise Type: Standard
Average Revenue During 2021
$2,334,716
$138,307 Industry Low
$2,334,716 Industry High
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
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Name
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Phone Number
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Honest Abe Roofing Franchise System Development in 2022
FAQ
How much investment do I need to start my own Honest Abe Roofing business?
Franchisees typically require at least $185 to $466 investment to get their Honest Abe Roofing business started
What are the initial franchise fees for Honest Abe Roofing?
Franchisees typically need to pay at least $35 in fees directly to Honest Abe Roofing in order to earn the right to launch their business
How much money can I make with a Honest Abe Roofing franchise? What are
the average revenues for a typical Honest Abe Roofing business?
We estimate that the average revenue of an individual
Honest Abe Roofing unit is approximately
$2,334,716. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Honest Abe Roofing unit? What
is my contractual commitment?
Honest Abe Roofing franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
3 /10
The Franchisor's investment costs ranges from
$185,025 to $466,341
which is
Much Higher
than the $0 to $0 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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