Concepts & Costs

At Honest-1, we have several alternatives to becoming an Honest-1 owner, each spotlighting a range of investment options and experience levels. We are seeking qualified single and multi-unit franchise owners as well as region developers with specific qualifications:

  1. Executive minded — great business acumen in financial management, team building and able to execute proven marketing strategy
  2. An unwavering adherence to the highest ethical practices
  3. Commitment to honesty, integrity and providing trustworthy service

The Honest-1 support team is ready to work with you as you begin your journey opening your first unit/store.

Single Unit Multi Store Development Agreement
(3 to 5 Stores)
Initial Franchise Fee $35,000 $85,000 to $125,000
Lease Hold Improvement

$0 – $120,000

$0 – $600,000

Equipment

$25,000 – $100,000

$125,000 – $600,000

Working Capital

$68,000 – $100,000

$255,000 – $425,000

First & Last Month Rent & Other Business Startup Cost

$64,975 -$131,475

$324,875 – $589,875

ESTIMATED START UP COSTS

$192,975 – $506,475

$774,875 – $2,314,875

Multi Store developer will open 3 stores in 54 months and 5 stores in 90 months

Region Developer Investment

As a Region Developer with Honest-1, you are making a serious business commitment that involves serious money. But if you’ve got what it takes to be successful, we’ll be there to help you make it happen.

The initial investment for an RD is $150,000 to $200,000 paid in full upon execution or the agreement.

In order to qualify, you must have a minimum net worth of $500,000 with at least $150,000 in liquid assets, and have a good credit rating.