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.