Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Goodcents Deli Fresh Subs | |
| Investment | 292900 - 567600 | 211432 - 431843 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3.25% | 3.50% |
| Year Founded | 1957 | 1988 |
| Year Franchised | 1998 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Goodcents Deli Fresh Subs | |
| Experience | Industry experience General business experience Marketing skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Goodcents Deli Fresh Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Goodcents Deli Fresh 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 | On-The-Job Training: 120 hours Classroom Training: 40 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| The HoneyBaked Ham Company & Cafe | Goodcents Deli Fresh 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 | |
| Goodcents Deli Fresh Subs | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Goodcents Deli Fresh Subs | 6% |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Goodcents Deli Fresh Subs | 3.50% |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Goodcents Deli Fresh Subs | 1988 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Goodcents Deli Fresh Subs | 1990 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Goodcents Deli Fresh Subs | 10 years |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | 60% of current fee |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Goodcents Deli Fresh Subs | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Goodcents Deli Fresh Subs | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Goodcents Deli Fresh Subs | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh 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 |
| Goodcents Deli Fresh Subs | On-The-Job Training: 120 hours Classroom Training: 40 hours |
| 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 |
| Goodcents Deli Fresh Subs | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Goodcents Deli Fresh Subs | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Goodcents Deli Fresh Subs | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. |
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 |
| Goodcents Deli Fresh Subs | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Goodcents Deli Fresh Subs | |