Quick Verdict · who it fits
Honest1 fits first-time franchise buyers looking for a mid-scale automotive concept.
The numbers a buyer needs first — straight from the filing.
Franchise fee (Item 5)
$75K
Royalty (Item 6)
6% + 4% ad
Item 19 median rev
$1.26M franchised units operating continuously for at least a year u…
System size (Item 20)
58
Years in business
19+ yrs
Item 3 litigation
2 suits
Model Honest1's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 6% + ad fund 4% on gross sales.
PROJECTED ANNUAL SALES$1,260,000
$100k$2.3M
Royalty (6%)
—
Ad fund (4%)
—
Total / year
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▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Honest1 | Disclosed | $75K | — | 6% | 58 |
| Auto SelectSimilar price | None | $3K | — | 5% | — |
| Jiffy LubeBiggest system | None | $18K | — | 4% | 2,083 |
| Systemforward AmericaTop-rated in category | Disclosed | $50K | $118K - $191K | 7% | 309 |
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Free explainers to go deeper before you sign.
Brand Analysis
Mavis never acquired Big O Tires. It bought NTB and Tire Kingdom from TBC in 2023 and closed on Midas in June 2025. Big O is still a wholly-owned TBC subsidiary, and its FDD issued June 30, 2025 reports a $2,824,712.79 average across 457 stores.
Brand Analysis
Byrider franchise costs run $947,000 to $1,577,500 per the 2026 FDD, and most of that money never touches the building. It funds the loans you make to your own customers. Here's the full breakdown, including real Item 19 earnings by quartile.
Brand Analysis
Big O Tires runs 461 franchised stores and zero company-owned, charges a 3.5% to 5.0% royalty matrix, and does disclose Item 19: an average of $2,824,712.79 across 457 stores. It is a TBC brand, not a Mavis one. Here is what the FDD supports.
Honest1 requires a $75,000 initial franchise fee, per the most recent FDD on file.
Honest1 is franchised by H-1 Auto Care, LLC (Unit), the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Honest1 discloses Item 19 financial performance representations with reported revenue around $1,259,796. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 6% of weekly gross sales and an advertising fund contribution of 2-4% of weekly gross sales on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Honest1 has 58 total locations. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt