Wall Street Deli vs The HoneyBaked Ham Company & Cafe Franchise Comparison

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

Start-Up Costs and Fees
  Wall Street Deli The HoneyBaked Ham Company & Cafe
Investment 190500 - 457000 292900 - 567600
Franchise Fee 0 0
Royalty Fee 5% 6%
Advertising Fee 3.25%
Year Founded 1992 1957
Year Franchised 1992 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Wall Street Deli The HoneyBaked Ham Company & Cafe
Experience General business experience Industry experience General business experience Marketing skills

Financing Options
  Wall Street Deli The HoneyBaked Ham Company & Cafe
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Wall Street Deli The HoneyBaked Ham Company & Cafe
Training Available at franchisee's location 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 Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad slicks, Regional advertising Co-op advertising, Ad slicks, National media, Regional advertising
Operations 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) 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
  Wall Street Deli 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
Wall Street Deli
The HoneyBaked Ham Company & Cafe
Franchise Fee
Wall Street Deli
The HoneyBaked Ham Company & Cafe
Royalty Fee
Wall Street Deli 5%
The HoneyBaked Ham Company & Cafe 6%
Advertising Fee
Wall Street Deli
The HoneyBaked Ham Company & Cafe 3.25%
Year Founded
Wall Street Deli 1992
The HoneyBaked Ham Company & Cafe 1957
Year Franchised
Wall Street Deli 1992
The HoneyBaked Ham Company & Cafe 1998
Term Of Agreement
Wall Street Deli 10 years
The HoneyBaked Ham Company & Cafe 7 years
Renewal Fee
Wall Street Deli $5K
The HoneyBaked Ham Company & Cafe


Business Experience Requirements
Experience
Wall Street Deli General business experience
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills

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

Training & Support
Training
Wall Street Deli Available at franchisee's location
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
Wall Street Deli Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
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
Wall Street Deli Ad slicks, Regional advertising
The HoneyBaked Ham Company & Cafe Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Wall Street Deli 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)
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
Wall Street Deli
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
Wall Street Deli
The HoneyBaked Ham Company & Cafe
International Expansion
Wall Street Deli
The HoneyBaked Ham Company & Cafe