Start-Up Costs and Fees |
||
| New York Burrito-Gourmet Wraps | The HoneyBaked Ham Company & Cafe | |
| Investment | 85000 - 150000 | 292900 - 567600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 3.25% | |
| Year Founded | 1995 | 1957 |
| Year Franchised | 1996 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New York Burrito-Gourmet Wraps | The HoneyBaked Ham Company & Cafe | |
| Experience | General business experience Marketing skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| New York Burrito-Gourmet Wraps | The HoneyBaked Ham Company & Cafe | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| New York Burrito-Gourmet Wraps | The HoneyBaked Ham Company & Cafe | |
| Training | Comprehensive two-week training, both in-store and in a classroom. Ongoing training through conferences and webinars. On-The-Job Training: 97 hours Classroom Training: 25 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 7 - 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| New York Burrito-Gourmet Wraps | The HoneyBaked Ham Company & Cafe | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion | Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| Franchise Fee | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| Royalty Fee | |
| New York Burrito-Gourmet Wraps | 7% |
| The HoneyBaked Ham Company & Cafe | 6% |
| Advertising Fee | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Year Founded | |
| New York Burrito-Gourmet Wraps | 1995 |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Year Franchised | |
| New York Burrito-Gourmet Wraps | 1996 |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Term Of Agreement | |
| New York Burrito-Gourmet Wraps | 10 years |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Renewal Fee | |
| New York Burrito-Gourmet Wraps | $1K |
| The HoneyBaked Ham Company & Cafe | |
Business Experience Requirements |
|
| Experience | |
| New York Burrito-Gourmet Wraps | General business experience Marketing skills |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| New York Burrito-Gourmet Wraps | No |
| The HoneyBaked Ham Company & Cafe | No |
| Start-up Costs | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| Equipment | |
| New York Burrito-Gourmet Wraps} | |
| The HoneyBaked Ham Company & Cafe | |
| Inventory | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| Receivables | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| Payroll | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
Training & Support |
|
| Training | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | Comprehensive two-week training, both in-store and in a classroom. Ongoing training through conferences and webinars. On-The-Job Training: 97 hours Classroom Training: 25 hours |
| Support | |
| New York Burrito-Gourmet Wraps | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| The HoneyBaked Ham Company & Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| New York Burrito-Gourmet Wraps | Co-op advertising, Ad slicks, Regional advertising |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| New York Burrito-Gourmet Wraps | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| The HoneyBaked Ham Company & Cafe | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 7 - 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| New York Burrito-Gourmet Wraps | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| The HoneyBaked Ham Company & Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| New York Burrito-Gourmet Wraps | |
| The HoneyBaked Ham Company & Cafe | |
| International Expansion | |
| New York Burrito-Gourmet Wraps | Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe, |
| The HoneyBaked Ham Company & Cafe | |