The Honey Baked Ham Co.

The Honey Baked Ham Co. franchise is a unique business opportunity that offers specialty-food retail, lunchtime dining, catering and corporate and individual gifting services. The brand operates year-round and sees peak business during the holidays. Franchisees benefit from flexibility and multiple revenue streams. The ideal candidate is passionate about customer service and is community-oriented. Single and multi-unit opportunities are available. Since its founding in 1957, The Honey Baked Ham Co. has expanded to over 400 locations across the country. You don't need experience since you'll be provided with support and training, which has three parts. The franchisor also provides site selection and grand opening assistance. 

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The Honey Baked Ham Co.

The Honey Baked Ham Co. Franchise Cost and Requirements for 2023

Background

The Honey Baked Ham Co. franchise is a legacy American brand that has been serving holiday meals since 1957. Franchisees are offered single or multi-unit opportunities and benefit from a feel-good service; schedule flexibility; the respect, responsibility and relationships that come with being a business owner; and the ability to take charge and pave your own way. Franchisees also benefit from four revenue streams: retail, gifting, lunch and catering. The brand's menu includes  made-to-order sandwiches, home-style soups, and salads. With the brand's year-round retail service, families can enjoy Honey Baked Ham, turkey and sides for special occasions. Franchisees should be passionate about customer service and providing a quality product. They also don't need prior experience because they'll be provided with great support and training.
Training takes place in three parts. The first part is with corporate staff and franchise business leaders. The next part involves hands-on training at a certified franchise training store. During this time, you'll learn everything you need to know about the daily operations of running a location. This including hiring, food prep, marketing and advertising, managing the books, and more. Lastly, there is store opening training with a franchise business leader. Support and training are ongoing. In terms of the initial investment, it ranges between $431,050-$718,200, which includes a one-time franchise fee of $30,000. Royalty fees are 6%. Veterans get $10,000 off the franchise fee, which will incentive veteran ownership. Qualified candidates have a net worth of at least $500,000 for a multi-unit investment and at least $350,000 for a single unit investment.

Company Details

Headquarters: Alpharetta, GA 30022-1532
Canada: No
International: No
Founded: 1957
First franchise: 1988  
B2B: No
Absentee: Yes
Exclusive territory: Yes
Mobile/home-based: No

Support and Training Offered By The Honey Baked Ham Co.

Training takes place in three parts. The first part is with corporate staff and franchise business leaders. The next part involves hands-on training at a certified franchise training store. Lastly, there is store opening training with a franchise business leader. Support and training are ongoing.  

2023 Franchise Requirements Needed to Own a The Honey Baked Ham Co. Franchise.

What does a The Honey Baked Ham Co. Franchise Cost?

The Honey Baked Ham Co. franchise fees for 2023:

Cash Requirement: $100,000 - $250,0000
Veteran Incentives: $10,000 off first-store franchise fee
Initial Investment: $431,050-$718,200
Net Worth Requirement: $350,000 - $500,000
Initial Franchise Fee: $30,000
Royalty fee: 6%

Is The Honey Baked Ham Co. a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. The Honey Baked Ham Co. is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is The Honey Baked Ham Co. a Home Based franchise?

No. The Honey Baked Ham Co. is not a home based franchise opportunity.

What Do The Honey Baked Ham Co. Franchise Owners Make?

Click here to find out how much The Honey Baked Ham Co. franchisees make. The Honey Baked Ham Co. offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does The Honey Baked Ham Co. Offer a Veteran Discount?

Yes. The Honey Baked Ham Co. franchise does offer a veteran discount.

Is The Honey Baked Ham Co. Looking for Franchisees in Canada?

No. The Honey Baked Ham Co. franchise is not looking for Canada franchisees.

Is The Honey Baked Ham Co. Looking for International franchisees?

No. The Honey Baked Ham Co. franchise is not looking for International franchisees.

Where can I see The Honey Baked Ham Co.'s FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants, Miscellaneous & Unique, Retail, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

The Honey Baked Ham Co. Franchises for Sale

Click Here to inquire about existing The Honey Baked Ham Co. franchises for sale. We may have The Honey Baked Ham Co. franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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