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Promoted Opportunities

HoneyBaked Ham
#111

Initial Investment

LOW: $299,200
HIGH: $468,200

Change in Units

+1.8% +7 UNITS (1 Year)
-8.9% -38 UNITS (3 Years)

Company Profile

Founded

1957

Franchising Since

1998 (19 Years)

Corporate Address

3875 Mansell Rd. Alpharetta, GA 30022-1532

CEO

Linda Heasley

Parent Company

The Honey Baked Ham Co. LLC

About HoneyBaked Ham

After inventing the spiral slicer, Harry Hoenselaar founded The HoneyBaked Ham Co. and Cafe in 1957. Family-owned and operated for three generations, the company has more than 300 locations in the United States. Incorporated in 1974, the Atlanta-based company has a catalog division, corporate sales businesses and a temporary holiday store system. The company purchased The Hickory Ham Co. and its 40 franchise stores.

In addition to its sweetly glazed ham, the company offers HoneyBaked turkey breast, side dishes, cheesecake, key lime pie and sandwiches. HoneyBaked Ham offers a corporate gift-giving program, employee recognition options, and catered meals for holidays and business functions.

Financials

Financial Requirements

Initial Investment

$299,200 - $468,200

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

5-6%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


$10,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 2-3 weeks

Training at headquarters: 1 week

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 7 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 5th, 2017

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