Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Mr. Pickle's Sandwich Shop | |
| Investment | 292900 - 567600 | 151500 - 342500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $250+/wk |
| Advertising Fee | 3.25% | Up to 2% Monthly |
| Year Founded | 1957 | 1996 |
| Year Franchised | 1998 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Mr. Pickle's Sandwich Shop | |
| Experience | Industry experience General business experience Marketing skills | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Mr. Pickle's Sandwich Shop | |
| 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 | Mr. Pickle's Sandwich Shop | |
| 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 | Mr. Pickle's Sandwich Shop | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Mr. Pickle's Sandwich Shop | 1996 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Mr. Pickle's Sandwich Shop | 2006 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Mr. Pickle's Sandwich Shop | 10 years |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Mr. Pickle's Sandwich Shop | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Mr. Pickle's Sandwich Shop | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Mr. Pickle's Sandwich Shop | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |
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 |
| Mr. Pickle's Sandwich Shop | |
| 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 |
| Mr. Pickle's Sandwich Shop | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Mr. Pickle's Sandwich Shop | |
| 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) |
| Mr. Pickle's Sandwich Shop | |
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 |
| Mr. Pickle's Sandwich Shop | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | 0 |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Mr. Pickle's Sandwich Shop | |