
The Honey Baked Ham Co.
Retail specialty foods, catering, cafes- 2023 Franchise 500 Rank
-
#152 Ranked #166 last year
- Initial investment
-
$396K - $673K
- Units as of 2022
-
404 2% over 3 years
HoneyBaked Ham is a family-oriented business that was founded in 1957. It is a leading American food retailer with more than 400 locations, half of which are operated by franchisees. They sell mouth-watering hams, turkey breasts, and other pre-cooked entrées, side dishes, and desserts.
As you operate a franchise, you may get to feed many people with quality and delicious food. The perfect candidate for a HoneyBaked Ham franchise is a creative self-starter interested in the food business and ready to work with HoneyBaked Ham's business model.
Why You May Want to Start a HoneyBaked Ham Franchise
If you love the idea of dishing out delicious and convenient food, then opening a HoneyBaked Ham franchise might be for you. For over 60 years, HoneyBaked Ham has been committed to providing pre-cooked ham and delicious side dishes and desserts.
As a HoneyBaked Ham franchisee, you could be providing a crucial service to many people. Having quick and quality foods that are easily accessible typically helps make many people's lives easier, including overworked students and parents short on time.
HoneyBaked Ham might give you a chance to be part of a family tradition, not only in serving one of America's favorite holiday meals–honey baked ham–but in the exceptional service and amazing food they offer customers every day. You might turn this great family tradition into your business legacy.
What Might Make a HoneyBaked Ham a Good Choice?
To be part of the HoneyBaked Ham team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees, including advertising, royalty, and potential renewal fees.
Many times in the past few decades, HoneyBaked Ham has been ranked in Entrepreneur’s Franchise 500 based on the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Their classic honey-baked ham, coupled with their impressive marketing, keeps people choosing HoneyBaked Ham for their holiday food needs. It is the classic holiday meal that many families drool over.
HoneyBaked Ham has retail, gift, catering, and lunch options to explore creative business options for various customers. Being part of the family-oriented HoneyBaked Ham franchise might be the business thrill you have been seeking.
How To Open a HoneyBaked Ham Franchise
To own a HoneyBaked Ham franchise, you will need to meet the company's set net worth and liquid capital requirements. You may then submit a franchise inquiry form.
If chosen to proceed, you typically go through an initial webinar to teach you about the franchise brand and process. After that, you'll receive the Franchise Disclosure Document to help you compile your questions that a franchise representative may answer in a follow-up Q&A session.
Next, you may receive a business template to help you develop a plan and meet with experienced franchisees to get their perspective. Then, you might go through a final evaluation before signing, but only after you attend discovery day at company headquarters in Alpharetta, Georgia.
You will go through some training before you open your doors. The HoneyBaked Ham franchise wants to see the company expand and is ready to support you in every way.
Company Overview
About The Honey Baked Ham Co.
- Industry
- Food
- Related Categories
- Miscellaneous Food/Beverage Businesses, Sandwiches, Miscellaneous Full-Service Restaurants
- Founded
- 1957
- Parent Company
- The Honey Baked Ham Co. LLC
- Leadership
- Jim Dinkins, CEO
- Corporate Address
-
3875 Mansell Rd.
Alpharetta, GA 30022-1532
Business Overview
- Franchising Since
- 1998 (2023-1998 years)
- # of employees at HQ
- 170
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 404 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a The Honey Baked Ham Co. franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $30,000
-
Initial Investment
Information Circle - $396,050 - $673,200
-
Net Worth Requirement
Information Circle - $350,000 - $500,000
-
Cash Requirement
Information Circle - $100,000 - $250,000
-
Veteran Incentives
Information Circle - $10,000 off first-store franchise fee
-
Royalty Fee
Information Circle - 6%
-
Ad Royalty Fee
Information Circle - 3.25%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- The Honey Baked Ham Co. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 150-160 hours
- Classroom Training
- 32 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 7-10
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like The Honey Baked Ham Co.? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where The Honey Baked Ham Co. landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where The Honey Baked Ham Co. ranked on other franchise lists? Find out below.
Ranked #152 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #2 in Miscellaneous Food/Beverage Businesses in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
Ranked #108 in 2022
Our ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to The Honey Baked Ham Co..

Edible
- description
- Sculpted fruit bouquets, chocolate covered fruit, smoothies, fruit salads, baked goods
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider
7 Essential Questions to Ask Yourself Before Starting a Franchise
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.
'Worst Day of My Life': Fans Are Furious as Dairy Queen Removes Iconic Item From Menu Just Ahead of Summer
The popular flavor has been on (and sometimes off) menus for the last five years.
With Company Layoffs Increasing, Here's Why Franchising Is the Next Best Move
Here's why franchise ownership is a great option for recently laid-off employees who want to pursue entrepreneurship as their next step.
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One
A successful private equity transaction for your franchise business means bringing on the right strategic thought partner.