Start-Up Costs and Fees |
||
| Locos Grill & Pub | The HoneyBaked Ham Company & Cafe | |
| Investment | 575400 - 1960000 | 292900 - 567600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | 6% |
| Advertising Fee | 3.25% | |
| Year Founded | 1988 | 1957 |
| Year Franchised | 1997 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Locos Grill & Pub | The HoneyBaked Ham Company & Cafe | |
| Experience | Customer service skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| Locos Grill & Pub | The HoneyBaked Ham Company & Cafe | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Locos Grill & Pub | The HoneyBaked Ham Company & Cafe | |
| Training | 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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | 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 |
||
| Locos Grill & Pub | The HoneyBaked Ham Company & Cafe | |
| US Expansion | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, | 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 | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| Franchise Fee | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| Royalty Fee | |
| Locos Grill & Pub | 4% |
| The HoneyBaked Ham Company & Cafe | 6% |
| Advertising Fee | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | 3.25% |
| Year Founded | |
| Locos Grill & Pub | 1988 |
| The HoneyBaked Ham Company & Cafe | 1957 |
| Year Franchised | |
| Locos Grill & Pub | 1997 |
| The HoneyBaked Ham Company & Cafe | 1998 |
| Term Of Agreement | |
| Locos Grill & Pub | 10 years |
| The HoneyBaked Ham Company & Cafe | 7 years |
| Renewal Fee | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
Business Experience Requirements |
|
| Experience | |
| Locos Grill & Pub | Customer service skills |
| The HoneyBaked Ham Company & Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Locos Grill & Pub | No |
| The HoneyBaked Ham Company & Cafe | No |
| Start-up Costs | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| Equipment | |
| Locos Grill & Pub} | |
| The HoneyBaked Ham Company & Cafe | |
| Inventory | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| Receivables | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| Payroll | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
Training & Support |
|
| Training | |
| Locos Grill & Pub | |
| 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 | |
| Locos Grill & Pub | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Locos Grill & Pub | Co-op advertising, Ad slicks, National media, Regional advertising |
| The HoneyBaked Ham Company & Cafe | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Locos Grill & Pub | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| 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 | |
| Locos Grill & Pub | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, |
| 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 | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |
| International Expansion | |
| Locos Grill & Pub | |
| The HoneyBaked Ham Company & Cafe | |