Start-Up Costs and Fees |
||
| Goodcents Deli Fresh Subs | The HoneyBaked Ham Company & Cafe | |
| Investment | 211432 - 431843 | 292900 - 567600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3.50% | 3.25% |
| Year Founded | 1988 | 1957 |
| Year Franchised | 1990 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Goodcents Deli Fresh Subs | The HoneyBaked Ham Company & Cafe | |
| Experience | Industry experience General business experience Marketing skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| Goodcents Deli Fresh Subs | The HoneyBaked Ham Company & Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Goodcents Deli Fresh Subs | The HoneyBaked Ham Company & Cafe | |
| Training | On-The-Job Training: 120 hours Classroom Training: 40 hours | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. | 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 |
||
| Goodcents Deli Fresh Subs | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Franchise Fee | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Royalty Fee | |
| Goodcents Deli Fresh Subs | 6% |
| The HoneyBaked Ham Company & Cafe | 6% |
| Advertising Fee | |
| Goodcents Deli Fresh Subs | 3.50% |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Year Founded | |
| Goodcents Deli Fresh Subs | 1988 |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Year Franchised | |
| Goodcents Deli Fresh Subs | 1990 |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Term Of Agreement | |
| Goodcents Deli Fresh Subs | 10 years |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Renewal Fee | |
| Goodcents Deli Fresh Subs | 60% of current fee |
| The HoneyBaked Ham Company & Cafe | |
Business Experience Requirements |
|
| Experience | |
| Goodcents Deli Fresh Subs | Industry experience General business experience Marketing skills |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Start-up Costs | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Equipment | |
| Goodcents Deli Fresh Subs} | |
| The HoneyBaked Ham Company & Cafe | |
| Inventory | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Receivables | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| Payroll | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
Training & Support |
|
| Training | |
| Goodcents Deli Fresh Subs | On-The-Job Training: 120 hours Classroom Training: 40 hours |
| 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 | |
| Goodcents Deli Fresh Subs | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 | |
| Goodcents Deli Fresh Subs | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Goodcents Deli Fresh Subs | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. |
| 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 | |
| Goodcents Deli Fresh Subs | |
| 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 | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |
| International Expansion | |
| Goodcents Deli Fresh Subs | |
| The HoneyBaked Ham Company & Cafe | |