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HoneyBaked Ham Co. & Cafe
 

The HONEYBAKED HAM CO. & CAFE is a truly exciting franchise opportunity with 50 years of experience building a strong brand. We are the original (and the world's largest) specialty retailer of high quality spiral-sliced glazed hams, turkeys and other special occasion center-of-the-table products complemented by a full service cafe.

Franchisor Background

Year Established:

  1957

Franchising Since:

  1998

IFA Member



Operating Units:

Franchised Units:175 38.5%  
Company-Owned Units:280 61.5%  
 ______ _____  
Total Operating Units:455 100%  
 

Geographic Distribution:

U.S.:455 100% In 39 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:455 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California46
2. Florida43
3. Georgia37

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$350K
Cash Investment:$100-125K
Total Investment:$325-375K
Average Total Investment:$350K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:5-6%
Average Royalty:5%
Advertising Fee:2%

Average Number of Employees:

   1 Full-time, 7 Part-time

Space Needs (in square footage):

   2,000

Preferred Sites:

   Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:110
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Atlanta, GA2 Weeks
2. Franchise's Location1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:4
Formal Education:3
Psychological Profile:2
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:1%
Asian-American:1%
Hispanic:2%
Native American:1%
Other:3%
Specific Minority:We are a member of the IFA VetFran program and give our minority franchisees a $10,000 earned credit towards the Area Development Fee.

Terms of Contract

Term of Initial Contract:7 Year(s)
Term of Renewal Period:7 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 2 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   NR
U.S.:Yes, 25 states
Canada:No
Overseas:No
 
 
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