Tropical Smoothie Cafe vs The HoneyBaked Ham Company & Cafe Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs The HoneyBaked Ham Company & Cafe including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Tropical Smoothie Cafe The HoneyBaked Ham Company & Cafe
Investment 198500 - 543500 292900 - 567600
Franchise Fee 0
Royalty Fee 6% 6%
Advertising Fee 3% 3.25%
Year Founded 1997 1957
Year Franchised 1998 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Tropical Smoothie Cafe The HoneyBaked Ham Company & Cafe
Experience Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! Industry experience General business experience Marketing skills

Financing Options

  Tropical Smoothie Cafe 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

  Tropical Smoothie Cafe The HoneyBaked Ham Company & Cafe
Training We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. 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 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 Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 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

  Tropical Smoothie Cafe 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 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
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe
Franchise Fee
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe
Royalty Fee
Tropical Smoothie Cafe 6%
The HoneyBaked Ham Company & Cafe 6%
Advertising Fee
Tropical Smoothie Cafe 3%
The HoneyBaked Ham Company & Cafe 3.25%
Year Founded
Tropical Smoothie Cafe 1997
The HoneyBaked Ham Company & Cafe 1957
Year Franchised
Tropical Smoothie Cafe 1998
The HoneyBaked Ham Company & Cafe 1998
Term Of Agreement
Tropical Smoothie Cafe 15 years
The HoneyBaked Ham Company & Cafe 7 years
Renewal Fee
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe


Business Experience Requirements

Experience
Tropical Smoothie Cafe Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!!
The HoneyBaked Ham Company & Cafe Industry experience General business experience Marketing skills

Financing Options

 
Franchise Fees
Tropical Smoothie Cafe No
The HoneyBaked Ham Company & Cafe No
Start-up Costs
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe
Equipment
Tropical Smoothie Cafe}
The HoneyBaked Ham Company & Cafe
Inventory
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe
Receivables
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe
Payroll
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe

Training & Support

Training
Tropical Smoothie Cafe We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening.
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
Tropical Smoothie Cafe Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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
Tropical Smoothie Cafe 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
Tropical Smoothie Cafe Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20
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
Tropical Smoothie 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
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
Tropical Smoothie Cafe 0
The HoneyBaked Ham Company & Cafe
International Expansion
Tropical Smoothie Cafe
The HoneyBaked Ham Company & Cafe