HoneyBaked Ham Franchise

Founded in 1957 and franchising since 1998, HoneyBaked Ham is known for its delicious, high-quality ham, turkey, and other products, all crafted using proprietary processes and trade secrets. In addition to selling these specialty items, HoneyBaked Ham stores feature on-site cafes that serve a variety of sandwiches, salads, beverages, and more.

Why Choose HoneyBaked Ham?

• Established Brand: HoneyBaked Ham boasts a rich history and a loyal customer base.
• Diverse Menu: Beyond ham and turkey, enjoy a selection of other approved menu items, ensuring something for everyone.
• Proprietary Processes: Exclusive recipes and preparation methods set HoneyBaked Ham apart in the market.

Training and Support

HoneyBaked Ham offers a comprehensive training program divided into three phases:

• ServSafe Program: An approved food safety and sanitation course.
• 15-Day In-Store Training: Hands-on training at a Certified Franchise Training Store.
• On-Site Pre-Opening Training: A seven-day intensive program to prepare for the store opening.

Ongoing education and mandatory conferences ensure franchisees are always up to speed with the latest operational practices and marketing trends.

Investment Details

An itemized breakdown of the estimated initial investment includes:

• Development Fee: $15,000
• Franchise Fee: $15,000
• Real Estate and Improvements: $165,000 - $450,000
• Equipment, Décor, and Fixtures: $125,000 - $185,000

Total Estimated Investment: $448,600 - $858,900

Financial Assistance

The franchisor does not directly offer financing options, but potential franchisees are encouraged to explore third-party financial assistance. It's important for candidates to have a solid financial plan in place.

Territory and Growth

Franchisees are granted a designated territory that is negotiated before the signing of the Franchise Agreement. This protected area ensures no other HoneyBaked Ham franchise can operate within the same geographic limits, fostering a less competitive environment.

Commitment and Obligations

While franchisees are not required to be involved in the daily operations of their store, active participation is highly encouraged. Franchisees can appoint a store operator who will manage the day-to-day operations. Strict adherence to the franchisor's product and service guidelines is mandatory.

Term and Renewal

The initial franchise term is 10 years, with the option to renew for two additional five-year terms, provided the franchisee meets the renewal terms and conditions.

Other Fees

• Royalty Fee: 6% of net sales.
• Marketing Obligation: Up to 5% of net sales, currently set at 4.25%.

Key Takeaways

• Comprehensive training and ongoing support.
• High brand recognition and loyal customer base.
• Exclusive, proprietary food preparation processes.
• Protected geographic territories.
• Total estimated investment: $448,600 - $858,900.

Interested in learning more? Download the full Franchise Disclosure Document (FDD) or fill out the free information request form on this page to get started on your HoneyBaked Ham franchise journey today!