Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | Sandwich Tree Restaurants | |
| Investment | 292900 - 567600 | 90000 - 120000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3.25% | 3% |
| Year Founded | 1957 | 1978 |
| Year Franchised | 1998 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | Sandwich Tree Restaurants | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | Sandwich Tree Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | Sandwich Tree Restaurants | |
| 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 | Headquarters 2 Weeks |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| The HoneyBaked Ham Company & Cafe | Sandwich Tree Restaurants | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| Sandwich Tree Restaurants | 5% |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Sandwich Tree Restaurants | 3% |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Sandwich Tree Restaurants | 1978 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Sandwich Tree Restaurants | 1979 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Sandwich Tree Restaurants | 5 years +5 |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| Sandwich Tree Restaurants | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| Sandwich Tree Restaurants | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| Sandwich Tree Restaurants | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |
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 |
| Sandwich Tree Restaurants | Headquarters 2 Weeks |
| 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 |
| Sandwich Tree Restaurants | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Sandwich Tree Restaurants | |
| 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) |
| Sandwich Tree Restaurants | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
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 |
| Sandwich Tree Restaurants | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| Sandwich Tree Restaurants | |