Honest

Food & Beverage Restaurants (Sit-Down)

Franchise Summary

Description

An Honest franchisee will operate a fast-casual service restaurant specializing in the sale of freshly prepared, non-frozen, Indian street food dishes cooked to order and related menu items, in a traditional Indian restaurant, cafeteria or canteen setting, and available for consumption at the restaurant or through catering, delivery and/or carry-out.

Company Background

Honest is a fast-casual service restaurant specializing in freshly prepared, non-frozen Indian street food dishes cooked to order and related menu items in a traditional Indian restaurant, cafeteria or canteen setting. Honest's mission is to bring healthful and affordable meals to everyone by using the best ingredients available.

Franchise Opportunity

Indian food can be intimidating to order at a restaurant, but it's hard to find good quality Indian restaurants outside of India. We're changing that with Honest. Our mission is to bring high-quality fast-casual Indian food right into your neighborhood. We've taken the best parts of traditional street food and made them even better by cooking everything fresh onsite every day in our kitchens using only the highest quality ingredients. It's healthy, delicious and affordable! With Honest you get all the taste of an authentic Indian meal without any of the hassle or intimidation.

Corporate Structure

We are a Texas limited liability company organized on January 19, 2016. We have no predecessors. We conduct business under the name “Honest”. Our principal business address is 95 Christopher Columbus Drive, 16th Floor, Office #19, Jersey City, NJ 07302, and our telephone number is (551) 216 1382. We have been offering Honest franchises since March, 2016. We have not conducted business or offered franchises any other line of business, though we have entered into manufacturing and distribution agreements with third parties for the right to manufacture, supply and distribute our proprietary and trademarked products

Franchise Types Available

#	Type	Investment	Fees

Honest Franchise System Development in 2022

FAQ

How much investment do I need to start my own Honest business?

Franchisees typically require at least $1 to $1 investment to get their Honest business started

What are the initial franchise fees for Honest?

Franchisees typically need to pay at least $160 in fees directly to Honest in order to earn the right to launch their business

How much money can I make with a Honest franchise? What are the average revenues for a typical Honest business?

We haven’t done the math on how much revenue a typical Honest brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Honest to generate a similar amount

How long do I need to commit to running a Honest unit? What is my contractual commitment?

The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10

The Franchisor's investment costs ranges from $1,265,000 to $1,957,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) 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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