Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Power Smoothie Cafe | |
| Investment | 292900 - 567600 | 92000 - 279900 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 3.25% | |
| Year Founded | 1957 | 2003 |
| Year Franchised | 1998 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Power Smoothie Cafe | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Power Smoothie Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Power Smoothie Cafe | |
| 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 | Power Smoothie Cafe | |
| 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 | |
| Power Smoothie Cafe | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Power Smoothie Cafe | |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Power Smoothie Cafe | |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Power Smoothie Cafe | 2003 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Power Smoothie Cafe | 2003 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Power Smoothie Cafe | |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Power Smoothie Cafe | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Power Smoothie Cafe | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Power Smoothie Cafe | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |
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 |
| Power Smoothie Cafe | |
| 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 |
| Power Smoothie Cafe | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Power Smoothie Cafe | |
| 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) |
| Power Smoothie Cafe | |
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 |
| Power Smoothie Cafe | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | 0 |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Power Smoothie Cafe | |