The HoneyBaked Ham Company & Cafe vs Original SoupMan, The Franchise Comparison

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

Start-Up Costs and Fees
  The HoneyBaked Ham Company & Cafe Original SoupMan, The
Investment 292900 - 567600 79500 - 198500
Franchise Fee 0
Royalty Fee 6% 5%
Advertising Fee 3.25%
Year Founded 1957 1984
Year Franchised 1998 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The HoneyBaked Ham Company & Cafe Original SoupMan, The
Experience Industry experience General business experience Marketing skills

Financing Options
  The HoneyBaked Ham Company & Cafe Original SoupMan, The
 
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 Original SoupMan, The
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 Original SoupMan, The
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
Original SoupMan, The
Franchise Fee
The HoneyBaked Ham Company & Cafe
Original SoupMan, The
Royalty Fee
The HoneyBaked Ham Company & Cafe 6%
Original SoupMan, The 5%
Advertising Fee
The HoneyBaked Ham Company & Cafe 3.25%
Original SoupMan, The
Year Founded
The HoneyBaked Ham Company & Cafe 1957
Original SoupMan, The 1984
Year Franchised
The HoneyBaked Ham Company & Cafe 1998
Original SoupMan, The 2005
Term Of Agreement
The HoneyBaked Ham Company & Cafe 7 years
Original SoupMan, The
Renewal Fee
The HoneyBaked Ham Company & Cafe
Original SoupMan, The


Business Experience Requirements
Experience
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills
Original SoupMan, The

Financing Options
 
Franchise Fees
The HoneyBaked Ham Company & Cafe No
Original SoupMan, The No
Start-up Costs
The HoneyBaked Ham Company & Cafe
Original SoupMan, The
Equipment
The HoneyBaked Ham Company & Cafe}
Original SoupMan, The
Inventory
The HoneyBaked Ham Company & Cafe
Original SoupMan, The
Receivables
The HoneyBaked Ham Company & Cafe
Original SoupMan, The
Payroll
The HoneyBaked Ham Company & Cafe
Original SoupMan, The

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
Original SoupMan, The
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
Original SoupMan, The
Marketing
The HoneyBaked Ham Company & Cafe Co-op advertising, Ad slicks, National media, Regional advertising
Original SoupMan, The
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)
Original SoupMan, The

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
Original SoupMan, The
Canada Expansion
The HoneyBaked Ham Company & Cafe
Original SoupMan, The 0
International Expansion
The HoneyBaked Ham Company & Cafe
Original SoupMan, The