OFFICIAL FILING · MN · 2026
Honest-1 FDD (Franchise Disclosure Document) — 2026
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Honest-1's most recent FDD tracked here was filed in 2026 as a multistate filing — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $75K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $285K–$1.3M |
| ITEM 3 | Disclosed litigation matters | 2 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $1.3M (Franchised Annual Gross Sales as of 12/31/2025: n=58 franchised Centers operating continuously ≥1 year under the same owner as of 12/31/2025 (of 61 total system locations: 58 franchised + 3 company-owned; one franchised location terminated in 2025). Total franchised system sales $81,123,173. Chart shows mean/median/highest/lowest only — no quartiles. "25 and 43%" of locations met the average.) |
| ITEM 20 | Outlets (fiscal 2025) | 58 franchised at year end · 1 exits (1.7% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Smith + Howard PC |
Citation discipline: every figure above is extracted from the 2026 Honest-1 FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
Honest-1 FDD questions, answered
Where can I download the Honest-1 FDD for free?
Honest-1's 2026 Franchise Disclosure Document is a public record. It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is Honest-1's most recent FDD on file?
The most recent Honest-1 FDD tracked here was filed in 2026. Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does Honest-1's FDD disclose earnings (Item 19)?
Yes — Honest-1 makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $1.3M. Read the basis fine print: franchisors choose which units and metrics to include.
What does Honest-1's FDD Item 20 show?
In fiscal 2025, Honest-1 ended with 58 franchised outlets; 1 of 59 open at the start of the year left the system — an annualized exit rate of 1.7% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Honest-1's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →