Meineke vs Honest1 Auto Care
Franchise Comparison 2026
Both Meineke and Honest1 Auto Care are automotive franchises. Meineke requires an investment of $225K – $1.2M while Honest1 Auto Care requires $256K – $1.2M. In terms of revenue, Honest1 Auto Care reports higher average unit revenue at $1.5M. On SBA loan performance, Honest1 Auto Care has a lower charge-off rate (9.5%) compared to Meineke (27.1%). FranchiseVerdict rates Meineke C (Average) and Honest1 Auto Care A (Strongest tier).
| Metric | Meineke | Honest1 Auto Care |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $225K – $1.2M | $256K – $1.2M |
| Franchise Fee | $45K | $75K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | $971KOutlet subset | $1.5M |
| SBA Charge-Off Rate | 27.1% (572 loans) | 9.5% (56 loans) |
| Total Units | 716 | 64 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1972 | 2007 |
| FDD Year | 2025 | 2024 |
Investment Range
$225K – $1.2M
$256K – $1.2M
Franchise Fee
$45K
$75K
Royalty Rate
7.0%
6.0%
Average Revenue (Item 19)
$971KOutlet subset
$1.5M
SBA Charge-Off Rate
27.1% (572 loans)
9.5% (56 loans)
Total Units
716
64
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1972
2007
FDD Year
2025
2024