Start-Up Costs and Fees |
||
| Runza Restaurants | The HoneyBaked Ham Company & Cafe | |
| Investment | 1250000 - 2720000 | 292900 - 567600 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1%+up to 4% locally | 3.25% |
| Year Founded | 1949 | 1957 |
| Year Franchised | 1970 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Runza Restaurants | The HoneyBaked Ham Company & Cafe | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Runza Restaurants | The HoneyBaked Ham Company & Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Runza Restaurants | The HoneyBaked Ham Company & 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 |
||
| Runza Restaurants | The HoneyBaked Ham Company & 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Franchise Fee | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Royalty Fee | |
| Runza Restaurants | 5% |
| The HoneyBaked Ham Company & Cafe | 6% |
| Advertising Fee | |
| Runza Restaurants | 1%+up to 4% locally |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Year Founded | |
| Runza Restaurants | 1949 |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Year Franchised | |
| Runza Restaurants | 1970 |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Term Of Agreement | |
| Runza Restaurants | 10 years |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Renewal Fee | |
| Runza Restaurants | $5,000 |
| The HoneyBaked Ham Company & Cafe | |
Business Experience Requirements |
|
| Experience | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Start-up Costs | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Equipment | |
| Runza Restaurants} | |
| The HoneyBaked Ham Company & Cafe | |
| Inventory | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Receivables | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| Payroll | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
Training & Support |
|
| Training | |
| Runza Restaurants | |
| 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 |
| Support | |
| Runza Restaurants | |
| 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 |
| Marketing | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Runza Restaurants | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Runza Restaurants | |
| 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 |
| Canada Expansion | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |
| International Expansion | |
| Runza Restaurants | |
| The HoneyBaked Ham Company & Cafe | |