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| Brand | Honest1 Auto Care Automotive Remove | Meineke Automotive Remove |
|---|---|---|
| Vitals | ||
Investment range | $256K – $1.2M | $225K – $1.2M |
Liquid capital | $50K – $75K | $50K – $75K |
Franchise fee | $75K | $45K |
Royalty rate | 6.0% | 7.0% |
Ad fund rate | 2.0% | 8.0% |
| Performance | ||
Avg gross sales | $1.5M | $971K |
Median gross sales | $1.4M | $914K |
Avg owner earnings Metric varies by brand. Check type below | N/A | $211K |
Earnings metric | Not classified | EBITDA |
| Risk | ||
Rating | ATop Quintile | FBottom Quintile |
Risk score | 48 / 100 | 96 / 100 |
SBA charge-off rate | N/A | 27.1% |
SBA loans on record | 5 | 572 |
| Scale | ||
Total units | 64 | 716 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 1.6% | 0.8% |
| Contract | ||
Initial term (years) | 20 | 15 |
Renewal term (years) | 10 | 15 |
Initial training (hrs) | 194 | 76 |
| Contacts | ||
Franchisee phones | 72 | 23 |
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