Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Big Mike's Subs | |
| Investment | 292900 - 567600 | 0 - 0 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | |
| Advertising Fee | 3.25% | |
| Year Founded | 1957 | 0 |
| Year Franchised | 1998 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Big Mike's Subs | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Big Mike's Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Big Mike's Subs | |
| 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/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, National media, Regional advertising | |
| Operations | 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 |
||
| The HoneyBaked Ham Company & Cafe | Big Mike's Subs | |
| US Expansion | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Big Mike's Subs | |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Big Mike's Subs | |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Big Mike's Subs | 0 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Big Mike's Subs | 0 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Big Mike's Subs | |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Big Mike's Subs | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Big Mike's Subs | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Big Mike's Subs | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
Training & Support |
|
| Training | |
| 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 |
| Big Mike's Subs | |
| Support | |
| 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 |
| Big Mike's Subs | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Big Mike's Subs | |
| Operations | |
| 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) |
| Big Mike's Subs | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Big Mike's Subs | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Big Mike's Subs | |