Start-Up Costs and Fees |
||
| Earl of Sandwich | The HoneyBaked Ham Company & Cafe | |
| Investment | 331600 - 485200 | 292900 - 567600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 5% | 3.25% |
| Year Founded | 2004 | 1957 |
| Year Franchised | 2005 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Earl of Sandwich | The HoneyBaked Ham Company & Cafe | |
| Experience | $200,000 Liquidity | Industry experience General business experience Marketing skills |
Financing Options |
||
| Earl of Sandwich | The HoneyBaked Ham Company & Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Earl of Sandwich | The HoneyBaked Ham Company & Cafe | |
| Training | Initial Manager Training is 28 days at an Earl of Sandwich Certified Training Restaurant. | Comprehensive two-week training, both in-store and in a classroom. Ongoing training through conferences and webinars. On-The-Job Training: 97 hours Classroom Training: 25 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 7 - 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Earl of Sandwich | The HoneyBaked Ham Company & Cafe | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Franchise Fee | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Royalty Fee | |
| Earl of Sandwich | 6% |
| The HoneyBaked Ham Company & Cafe | 6% |
| Advertising Fee | |
| Earl of Sandwich | 5% |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Year Founded | |
| Earl of Sandwich | 2004 |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Year Franchised | |
| Earl of Sandwich | 2005 |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Term Of Agreement | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Renewal Fee | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
Business Experience Requirements |
|
| Experience | |
| Earl of Sandwich | $200,000 Liquidity |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Start-up Costs | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Equipment | |
| Earl of Sandwich} | |
| The HoneyBaked Ham Company & Cafe | |
| Inventory | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Receivables | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
| Payroll | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |
Training & Support |
|
| Training | |
| Earl of Sandwich | Initial Manager Training is 28 days at an Earl of Sandwich Certified Training Restaurant. |
| The HoneyBaked Ham Company & Cafe | Comprehensive two-week training, both in-store and in a classroom. Ongoing training through conferences and webinars. On-The-Job Training: 97 hours Classroom Training: 25 hours |
| Support | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 7 - 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Earl of Sandwich | 0 |
| The HoneyBaked Ham Company & Cafe | |
| International Expansion | |
| Earl of Sandwich | |
| The HoneyBaked Ham Company & Cafe | |