Honeybaked Ham Co.
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The Honey Baked Ham Co.® is an iconic American brand with a legendary legacy serving as the centerpiece of delicious holiday meals and special occasions for families nationwide since 1957. We invite you to learn more about how our ham became America’s favorite and created a truly special franchise opportunity in the process.
FRANCHISE REQUIREMENTS
| Liquid Capital Required | $100,000-$250,000 |
| Net Worth Required | $350,000-$500,000 |
| Total Investment | $448,600-$858,900 |
| Royalty | - |
| AUV | - |
ADDITIONAL DETAILS
| Total Units | - |
| Year Founded | - |
| Financing | - |
| Training | - |
| Veteran Discount | - |
AVAILABLE LOCATIONS
- Georgia
CONTACT INFO
| Franchise Contact Name | - |
| Franchise Email | - |
| Franchise Phone | (678) 966-3399 |
FAQs
- Q: What will it cost to franchise with HoneyBaked?
- A: The development fee is $15,000 and the initial franchise fee is $15,000 for each location (total = $30,000). The initial overall investment ranges from $448,600 – $858,900 to open a store in an in-line leased space. These costs vary and are outlined in our Franchise Disclosure Document, but you can read a little more about it here.
- Q: What are the financial qualifications to become a Honey Baked Ham Co.® franchisee?
- A: For a multi-unit investment, we require a net worth of at least $500,000 and a minimum of $250,000 in liquid assets.
- Q: Does the Honey Baked Ham Co.® offer franchise financing?
- A: While HoneyBaked Ham does not offer in-house financing, we have trusted relationships with a few franchise lenders who help first-time owners and seasoned HoneyBaked operators find lending solutions that match their goals.
- Q: Will I be able to open additional franchise stores?
- A: Yes. Your success – and ours – is tied to your growth and profitability. More than half of our current franchisees have more than one store. We also offer a multi-unit development plan if you’re looking to dive right in.
- Q: What training will I receive as a HoneyBaked franchisee?
- A: We provide extensive training and support. New franchisees must complete three phases of hands-on training before they can open their store.
- Q: How long will it take to get started?
- A: The time between your initial interest call and the opening of your store depends on a lot of different variables, but location is the most telling factor. We estimate it will take three to six months after signing your lease to open your store. We’ll advise and help support you through the whole process but, of course, it all hinges on your own proactive involvement in the site selection, lease negotiation, build-out and construction processes with our real estate and development team.
- Q: Once I sign a lease and start a franchise, will I still get help if I need it?
- A: Absolutely. You’ll be assigned a Franchise Business Leader, who is familiar with all facets of the business. They’ll continue to mentor and help you throughout your tenure as a franchisee. In addition, we offer a variety of resources through our Corporate Service Center and an internal website that acts as a central location for marketing materials, training documents, communications and other resources with just a few clicks.
- Q: Are HoneyBaked franchisees required to have a restaurant background?
- A: Restaurant, food and/or retail experience is a benefit but is not required.
- Q: What special skills are required for this food and restaurant franchise opportunity?
- A: We’re looking for passionate, self-motivated candidates with some business savvy. We’ll make sure you get the training and know-how you need to succeed as a HoneyBaked Ham franchisee, but it doesn’t hurt to have a background in: -Financial management -Outside sales -People management