Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Hogi Yogi | |
| Investment | 292900 - 567600 | 108000 - 452000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3.25% | |
| Year Founded | 1957 | 1989 |
| Year Franchised | 1998 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Hogi Yogi | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Hogi Yogi | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Hogi Yogi | |
| 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 | Hogi Yogi | |
| 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 | |
| Hogi Yogi | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Hogi Yogi | 6% |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Hogi Yogi | |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Hogi Yogi | 1989 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Hogi Yogi | 1993 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Hogi Yogi | |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Hogi Yogi | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Hogi Yogi | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Hogi Yogi | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
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 |
| Hogi Yogi | |
| 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 |
| Hogi Yogi | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Hogi Yogi | |
| 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) |
| Hogi Yogi | |
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 |
| Hogi Yogi | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Hogi Yogi | |