Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Joey Bag a Donuts | |
| Investment | 292900 - 567600 | 207700 - 587800 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3.25% | 1% |
| Year Founded | 1957 | 2009 |
| Year Franchised | 1998 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Joey Bag a Donuts | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Joey Bag a Donuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Joey Bag a Donuts | |
| 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: up to 5 days Classroom Training: up to 10 days |
| 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 Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates |
| 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) | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
||
| The HoneyBaked Ham Company & Cafe | Joey Bag a Donuts | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Joey Bag a Donuts | 5% |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Joey Bag a Donuts | 1% |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Joey Bag a Donuts | 2009 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Joey Bag a Donuts | 2012 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Joey Bag a Donuts | |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Joey Bag a Donuts | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Joey Bag a Donuts | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Joey Bag a Donuts | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |
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 |
| Joey Bag a Donuts | On-The-Job Training: up to 5 days Classroom Training: up to 10 days |
| 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 |
| Joey Bag a Donuts | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Joey Bag a Donuts | Co-op Advertising Ad Templates |
| 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) |
| Joey Bag a Donuts | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
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 |
| Joey Bag a Donuts | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Joey Bag a Donuts | |