Start-Up Costs and Fees |
||
| The HoneyBaked Ham Company & Cafe | The Submarine Station | |
| Investment | 292900 - 567600 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $500/mo |
| Advertising Fee | 3.25% | |
| Year Founded | 1957 | 0 |
| Year Franchised | 1998 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The HoneyBaked Ham Company & Cafe | The Submarine Station | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| The HoneyBaked Ham Company & Cafe | The Submarine Station | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The HoneyBaked Ham Company & Cafe | The Submarine Station | |
| 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 Submarine Station | |
| 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 Submarine Station | |
| Franchise Fee | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
| Royalty Fee | |
| The HoneyBaked Ham Company & Cafe | 6% |
| The Submarine Station | $500/mo |
| Advertising Fee | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| The Submarine Station | |
| Year Founded | |
| The HoneyBaked Ham Company & Cafe | 1957 |
| The Submarine Station | 0 |
| Year Franchised | |
| The HoneyBaked Ham Company & Cafe | 1998 |
| The Submarine Station | 0 |
| Term Of Agreement | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| The Submarine Station | 5 years |
| Renewal Fee | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
Business Experience Requirements |
|
| Experience | |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
| The Submarine Station | |
Financing Options |
|
| Franchise Fees | |
| The HoneyBaked Ham Company & Cafe | No |
| The Submarine Station | No |
| Start-up Costs | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
| Equipment | |
| The HoneyBaked Ham Company & Cafe} | |
| The Submarine Station | |
| Inventory | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
| Receivables | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
| Payroll | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
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 Submarine Station | |
| 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 Submarine Station | |
| Marketing | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| The Submarine Station | |
| 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 Submarine Station | |
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 Submarine Station | |
| Canada Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |
| International Expansion | |
| The HoneyBaked Ham Company & Cafe | |
| The Submarine Station | |