Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | The Carving Board | |
| Investment | 292900 - 567600 | 314500 - 621500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 3.25% | |
| Year Founded | 1957 | 2012 |
| Year Franchised | 1998 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | The Carving Board | |
| Experience | Industry experience General business experience Marketing skills | A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system. |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | The Carving Board | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | The Carving Board | |
| 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 | The Carving Board | |
| 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 | |
| The Carving Board | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| The Carving Board | |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| The Carving Board | |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| The Carving Board | 2012 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| The Carving Board | 2016 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| The Carving Board | |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| The Carving Board | A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system. |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| The Carving Board | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| The Carving Board | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |
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 |
| The Carving Board | |
| 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 |
| The Carving Board | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| The Carving Board | |
| 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) |
| The Carving Board | |
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 |
| The Carving Board | 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 | |
| The Carving Board | |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| The Carving Board | |