The HoneyBaked Ham Company & Cafe vs Planet Sub Franchise Comparison

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

Start-Up Costs and Fees
  The HoneyBaked Ham Company & Cafe Planet Sub
Investment 292900 - 567600 182000 - 402000
Franchise Fee 0
Royalty Fee 6% 5%
Advertising Fee 3.25% 1 - 3%
Year Founded 1957 1979
Year Franchised 1998 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The HoneyBaked Ham Company & Cafe Planet Sub
Experience Industry experience General business experience Marketing skills

Financing Options
  The HoneyBaked Ham Company & Cafe Planet Sub
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  The HoneyBaked Ham Company & Cafe Planet Sub
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 Comprehensive 30 day training program
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 Planet Sub
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 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
Planet Sub
Franchise Fee
The HoneyBaked Ham Company & Cafe
Planet Sub
Royalty Fee
The HoneyBaked Ham Company & Cafe 6%
Planet Sub 5%
Advertising Fee
The HoneyBaked Ham Company & Cafe 3.25%
Planet Sub 1 - 3%
Year Founded
The HoneyBaked Ham Company & Cafe 1957
Planet Sub 1979
Year Franchised
The HoneyBaked Ham Company & Cafe 1998
Planet Sub 0
Term Of Agreement
The HoneyBaked Ham Company & Cafe 7 years
Planet Sub
Renewal Fee
The HoneyBaked Ham Company & Cafe
Planet Sub


Business Experience Requirements
Experience
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills
Planet Sub

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

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
Planet Sub Comprehensive 30 day training program
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
Planet Sub
Marketing
The HoneyBaked Ham Company & Cafe Co-op advertising, Ad slicks, National media, Regional advertising
Planet Sub
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)
Planet Sub

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
Planet Sub 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
The HoneyBaked Ham Company & Cafe
Planet Sub
International Expansion
The HoneyBaked Ham Company & Cafe
Planet Sub