Farmer Boys vs Honest
Franchise Comparison 2026
Both Farmer Boys and Honest are full-service restaurants franchises. Farmer Boys requires an investment of $1.6M – $3.2M while Honest requires $1.9M – $2.7M. Farmer Boys discloses average revenue of $2.4M; Honest does not report Item 19 data. Farmer Boys has SBA lending data on file with a 10.0% charge-off rate. FranchiseVerdict rates Farmer Boys A (Top Quintile) and Honest A (Top Quintile).
| Metric | Farmer Boys | Honest |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $1.6M – $3.2M | $1.9M – $2.7M |
| Franchise Fee | $45K | $25K |
| Royalty Rate | 5.0% | 5.5% |
| Average Revenue (Item 19) | $2.4M | N/A |
| SBA Charge-Off Rate | 10.0% (20 loans) | Limited data |
| Total Units | 102 | 40 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1997 | 2016 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.6M – $3.2M
$1.9M – $2.7M
Franchise Fee
$45K
$25K
Royalty Rate
5.0%
5.5%
Average Revenue (Item 19)
$2.4M
N/A
SBA Charge-Off Rate
10.0% (20 loans)
Limited data
Total Units
102
40
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1997
2016
FDD Year
2025
2025