The HoneyBaked Ham Company & Cafe vs the streat Franchise Comparison

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

Start-Up Costs and Fees
  The HoneyBaked Ham Company & Cafe the streat
Investment 292900 - 567600 160000 - 260000
Franchise Fee 0
Royalty Fee 6% 6%
Advertising Fee 3.25% 2%
Year Founded 1957 1999
Year Franchised 1998 1999
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The HoneyBaked Ham Company & Cafe the streat
Experience Industry experience General business experience Marketing skills

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

Training & Support
  The HoneyBaked Ham Company & Cafe the streat
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 It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
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 streat
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
International Expansion

Start-Up Costs and Fees Mobile
Investment
The HoneyBaked Ham Company & Cafe
the streat
Franchise Fee
The HoneyBaked Ham Company & Cafe
the streat
Royalty Fee
The HoneyBaked Ham Company & Cafe 6%
the streat 6%
Advertising Fee
The HoneyBaked Ham Company & Cafe 3.25%
the streat 2%
Year Founded
The HoneyBaked Ham Company & Cafe 1957
the streat 1999
Year Franchised
The HoneyBaked Ham Company & Cafe 1998
the streat 1999
Term Of Agreement
The HoneyBaked Ham Company & Cafe 7 years
the streat
Renewal Fee
The HoneyBaked Ham Company & Cafe
the streat


Business Experience Requirements
Experience
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills
the streat

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

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 streat It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
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 streat
Marketing
The HoneyBaked Ham Company & Cafe Co-op advertising, Ad slicks, National media, Regional advertising
the streat
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 streat

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 streat
Canada Expansion
The HoneyBaked Ham Company & Cafe
the streat
International Expansion
The HoneyBaked Ham Company & Cafe
the streat