Honest-1 Auto Care Franchise
Have you ever wanted to own your own business? Be your boss? Are you looking for a franchise in the USA? The franchise is right for you. To know about how you can get a franchise, in the following paragraph. You can see the cost and profit you can make through the franchise. You can even learn about the requirements that are needed for a franchise.
Table of Contents
Wiki
Honest-1 Auto Care is a full-service auto care company that offers various automotive services, including but not limited to engine repairs, brake repairs, oil changes and tune-ups, electrical system repairs, and A/C and heating repairs.
Honest-1 Auto Care is based on Set. Petersburg, Florida, has been providing auto maintenance services since 2005.
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Honest-1 Auto Care FranchiseBenefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
Honest-1 Auto Care Franchise Financial Assistance
Honest1 does not finance. However, we are an SBA pre-approved franchise and can recommend several qualified SBA lenders who will provide financing. Honest1 will help you develop the business plan and package you need to get the funding.
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Honest-1 Auto Care Franchise Cost/ Investment / Price / Fee
In order to qualify, we recommend a minimum net worth of $700,000 with at least $200,000 in liquid assets, and have a good credit rating.
How much does it cost to become an Honest1 franchise owner?
Estimated start-up costs range from $223,150 – $867,650.
How much is the franchise fee?
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The franchise fee is $45,000.
Are there any royalties or other fees?
Yes. The current Royalty Fee is 6% of gross sales, and the current national Advertising Fee is 1%.
Honest-1 Auto Care Franchise Requirements
- Legal to work in the USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
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Experiance
No. Honest1 provides the platform, training, and resources to be a successful franchise owner, even if you have not gained previous automotive industry experience. However, our most successful owners have strong business acumen and extensive management experience and are actively involved in their local communities.
How Much Money Can I Make With A Honest-1 Auto Care Franchise
We encourage prospective franchisees to conduct significant due diligence during the discovery process and contact existing franchisees with questions on marketing, finances, sales volumes, operations, etc. The amount of profit or loss depends on several factors, including the ability of the franchisee to manage the business, drive sales volume, and control operating costs.
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How to Apply For Honest-1 Auto Care Franchise
First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.
Contact details
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Conclusion
So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you
FAQ (Frequently Asked Question)
Is Honest-1 Auto Care Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sales need to be lowered. So, you can make more profit from this business.
How much does it cost to open Honest-1 Auto Care Franchise?
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In order to qualify, we recommend a minimum net worth of $700,000 with at least $200,000 in liquid assets, and have a good credit rating.
Is Honest-1 Auto Care a Franchise?
Yes, it’s a franchise.
Can I speak to a current franchise owner to get their insight?
Absolutely. Once you have been qualified and we’ve completed the first few steps together, we’ll give you access to franchise owners who will be happy to answer your questions.
Can I send managers or other employees to the training program?
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Yes. H-1’s training schools are an excellent resource for educating and training valuable employees who will be critical to your success. Our classroom training is always free. The only cost to you is travel and lodging.
How long does it take to open an Honest1 franchise?
The timing varies, but generally, it takes about 6-18 months from the time you execute your franchise agreement.
How long has Honest1 been in business? How many franchise owners are operating today?
Honest1 has been providing exceptional auto maintenance services since 2003. Currently, there are over 70 stores open and operating.
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Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.
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