We offer franchises for outlets that will offer automobile products and services like tune-ups, brakes, oil changes, tires and rims and general repair services.
Company Background
Honest-1 Auto Care is a franchise opportunity that offers opportunities to own and operate an automobile service center. Honest-1 Auto Care provides the necessary products and services for tune-ups, brakes, oil changes, tires and rims, general repair services. With over 1 million potential customers in the US alone who need these car care products or services annually, this business has a wide customer base with plenty of room to grow!
Franchise Opportunity
It's no secret that car maintenance is important, but it can also be expensive. Not only is it important to keep up with general car maintenance like tune-ups and oil changes, but neglecting more serious issues can lead to even bigger problems and expenses in the future. Honest-1 Auto Care offers a solution. We have a wide variety of services that will help you take care of your car without breaking the bank. From tune-ups to brakes, tires, and general repairs, we have you covered. Plus, our franchise model means you'll get quality service at an affordable price.
Corporate Structure
We are a Nevada limited liability company formed on June 29, 2007. We do business as “Honest1” and “Honest 1.” Our principal business address is 100 2nd Avenue S, Suite 1203, St. Petersburg, Florida 33701. In July 2007, we acquired a company owned Center in Oregon from Honest 1 Auto Care, Inc., our predecessor, and we sold the Oregon Center to a franchisee in September 2007. We have offered unit franchises since July 20, 2007. We offered region developer franchises from January 2008 to January 2017 in a separate F.D.D. but no longer offer these franchises. Region Developers paid a fee for the right to develop and service a particular area so that they could develop and service a minimum number of Centers, and in return receive part of the Initial Franchise Fees and a percentage of the Royalty Fee. Existing Region Developers do not have the authority to grant unit franchises or to sign Franchise Agreements with franchisees. While Region Developers also inspect stores according to our standards for compliance purposes, Region Developers do not have management level authority over our unit franchisees and do not offer initial training. We reserve the right to own and operate Honest 1 Centers but will not own or operate a Honest 1 Center within the territory of any franchisee in good standing. With the opening of two Centers (Fall 2018 and Winter 2020), an affiliate of H 1 started conducting a business of the type to be operated by you. Other than as stated in this paragraph, we have not engaged in any other line of business and have not offered franchises in any other line of business. Our agents for service of process are disclosed in Exhibit A.
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. Automotive Industry
$1,202,792 / unit
Franchise Type: Standard
Average Revenue During 2021
$1,202,792
$535,789 Industry Low
$8,443,764 Industry High
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Distribution of Honest-1 Auto Care Franchisees
Honest-1 Auto Care Franchise System Development in 2021
FAQ
How much investment do I need to start my own Honest-1 Auto Care business?
Franchisees typically require at least $223 to $997 investment to get their Honest-1 Auto Care business started
What are the initial franchise fees for Honest-1 Auto Care?
Franchisees typically need to pay at least $62 in fees directly to Honest-1 Auto Care in order to earn the right to launch their business
How much money can I make with a Honest-1 Auto Care franchise? What are
the average revenues for a typical Honest-1 Auto Care business?
We estimate that the average revenue of an individual
Honest-1 Auto Care unit is approximately
$1,202,792. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Honest-1 Auto Care unit? What
is my contractual commitment?
Honest-1 Auto Care franchisees are typically required to sign up to a
20 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
4 /10
The Franchisor's investment costs ranges from
$223,150 to $997,650
which is
Much Higher
than the $0 to $0 average in the Automotive 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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