The HoneyBaked Ham Company & Cafe vs Larry's Giant Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Larry's Giant Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  The HoneyBaked Ham Company & Cafe Larry's Giant Subs
Investment 292900 - 567600 136800 - 201900
Franchise Fee 0 0
Royalty Fee 6% 6%
Advertising Fee 3.25%
Year Founded 1957 1982
Year Franchised 1998 1986
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The HoneyBaked Ham Company & Cafe Larry's Giant Subs
Experience Industry experience General business experience Marketing skills Industry experience General business experience

Financing Options
  The HoneyBaked Ham Company & Cafe Larry's Giant Subs
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  The HoneyBaked Ham Company & Cafe Larry's Giant 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 Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op advertising, Ad slicks, 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) 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans
  The HoneyBaked Ham Company & Cafe Larry's Giant 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
Larry's Giant Subs
Franchise Fee
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs
Royalty Fee
The HoneyBaked Ham Company & Cafe 6%
Larry's Giant Subs 6%
Advertising Fee
The HoneyBaked Ham Company & Cafe 3.25%
Larry's Giant Subs
Year Founded
The HoneyBaked Ham Company & Cafe 1957
Larry's Giant Subs 1982
Year Franchised
The HoneyBaked Ham Company & Cafe 1998
Larry's Giant Subs 1986
Term Of Agreement
The HoneyBaked Ham Company & Cafe 7 years
Larry's Giant Subs 10 years
Renewal Fee
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs $1K


Business Experience Requirements
Experience
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills
Larry's Giant Subs Industry experience General business experience

Financing Options
 
Franchise Fees
The HoneyBaked Ham Company & Cafe No
Larry's Giant Subs No
Start-up Costs
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs
Equipment
The HoneyBaked Ham Company & Cafe}
Larry's Giant Subs
Inventory
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs
Receivables
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs
Payroll
The HoneyBaked Ham Company & Cafe
Larry's Giant 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
Larry's Giant 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
Larry's Giant Subs Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives
Marketing
The HoneyBaked Ham Company & Cafe Co-op advertising, Ad slicks, National media, Regional advertising
Larry's Giant Subs Co-op advertising, Ad slicks, Regional advertising
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)
Larry's Giant Subs 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

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
Larry's Giant Subs
Canada Expansion
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs
International Expansion
The HoneyBaked Ham Company & Cafe
Larry's Giant Subs