Honest1 Auto Care vs Meineke
Franchise Comparison 2026
Both Honest1 Auto Care and Meineke are automotive franchises. Honest1 Auto Care requires an investment of $256K – $1.2M while Meineke requires $225K – $1.2M. In terms of revenue, Honest1 Auto Care reports higher average unit revenue at $1.5M. Meineke has SBA lending data on file with a 27.1% charge-off rate. FranchiseVerdict rates Honest1 Auto Care A (Top Quintile) and Meineke F (Bottom Quintile).
| Metric | Honest1 Auto Care | Meineke |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | FBottom QuintileBottom Quintile |
| Investment Range | $256K – $1.2M | $225K – $1.2M |
| Franchise Fee | $75K | $45K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $1.5M | $971K |
| SBA Charge-Off Rate | N/A | 27.1% (572 loans) |
| Total Units | 64 | 716 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2007 | 1972 |
| FDD Year | 2024 | 2025 |
Investment Range
$256K – $1.2M
$225K – $1.2M
Franchise Fee
$75K
$45K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$1.5M
$971K
SBA Charge-Off Rate
N/A
27.1% (572 loans)
Total Units
64
716
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2007
1972
FDD Year
2024
2025