Honest Hospitality Group LLC vs CruiseOne

Compare FDD disclosures, investment range, royalty and ad fund burden, SBA lending outcomes, Item 20-style unit movement, Item 19 transparency, and data-confidence caveats with a permanent shareable URL.

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Honest Hospitality Group LLC
Travel
Investment
$1.9M to $2.7M
Franchise fee
$25,000
Item 19 status
Confidence
Medium Confidence
Units
36
CruiseOne
Travel
Investment
$13K to $21K
Franchise fee
$10,500
Item 19 status
Limited Data
Confidence
High Confidence
Units
1,954
Lower entry cost
Leans right
Based on disclosed minimum initial investment only; buyer cash needs may be higher after working capital, lease, and financing assumptions.
Better disclosed economics
CruiseOne
Uses the same Item 19 transparency hierarchy shown on franchise pages and rankings.
Lower SBA default risk
Even
Treat low-loan brands carefully; sample size and SBA borrower mix matter.
MetricHonest Hospitality Group LLCCruiseOne
Franchise Fee
From disclosed FDD fee data when available; excludes buyer-specific legal, diligence, and financing costs.
$25,000$10,500
Min Investment
Lower bound of disclosed initial investment range, not a recommended capital budget.
$1.9M$13K
Max Investment
Upper end of FDD range; still reconcile to site, lease, buildout, and working-capital assumptions.
$2.7M$21K
Royalty Rate
Ongoing royalty burden before local store economics and owner salary.
5.5%3.0%
Ad Fund Rate
National/brand fund rate when disclosed; local marketing may be additive.
N/AN/A
Total Ongoing Burden
Royalty plus ad fund when available.
5.5%3.3%
Median Revenue (Item 19)
Only meaningful when the franchisor provides an Item 19 financial-performance representation.
N/A$138K
Cash-on-Cash Return
Estimated when revenue and margin assumptions are available.
N/A96.9%
Payback Period
N/A1.0 yrs
Revenue per Dollar Invested
N/A8.24x
Franchised Units
Latest disclosed franchised-unit count in the corpus.
361,954
1-Year Net Unit Change
Item 20-style system movement signal; investigate transfers, closures, and refranchising before assuming organic growth.
4221
Net Unit Growth Rate
12.9%13.0%
Net Closure Rate
Net closure proxy based on disclosed unit change.
N/AN/A
SBA Default Rate
Historical SBA performance for matched loans, not a prediction for a new buyer or location.
N/A0.0%
SBA Loan Count
Use this to judge whether SBA default data is statistically meaningful.
N/A1
Average SBA Loan Size
N/A$850K
Item 19 Status
Canonical transparency badge used across franchise, ranking, and compare surfaces.
Limited Data
Has Item 19
✓ Yes✓ Yes
Data Confidence
Derived from the same data-quality thresholds used on franchise pages.
Medium Confidence · 75/100High Confidence · 100/100

What stands out

  • Honest Hospitality Group LLC discloses an initial investment range of $1.9M to $2.7M, while CruiseOne discloses $13K to $21K. Treat these as FDD ranges, not a full purchase budget.
  • Honest Hospitality Group LLC shows an Item 19 financial-performance disclosure; CruiseOne shows an Item 19 financial-performance disclosure. Missing Item 19 data should narrow confidence, not automatically kill a brand.
  • Honest Hospitality Group LLC has 36 franchised units versus 1,954 for CruiseOne; use one-year net unit movement and closure proxies as early diligence signals, not final underwriting.

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Last updated: May 2026