The HoneyBaked Ham Company & Cafe vs Link Business Franchise Comparison

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

Start-Up Costs and Fees

 
The HoneyBaked Ham Company & Cafe Franchise
Link Business Franchise
Investment $292,900 - $567,600$53,200 - $148,500
Franchise Fee $30,000$45,000
Royalty Fee 6%6.5%
Advertising Fee 3.25%2%
Year Founded 19571996
Year Franchised 19982007
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements

 
The HoneyBaked Ham Company & Cafe Franchise
Link Business Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    The HoneyBaked Ham Company & Cafe Franchise
    Link Business Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    The HoneyBaked Ham Company & Cafe Franchise
    Link Business Franchise
    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 On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academy
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingMarketing Support Ad Templates Social media Website development Email marketing
    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)

    Absentee Ownership Allowed Number of Employees Required to Run: 1

    Expansion Plans

     
    The HoneyBaked Ham Company & Cafe Franchise
    Link Business Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion NoYes

    Company Overviews

    About The HoneyBaked Ham Company & Cafe

    After inventing the spiral slicer, Harry Hoenselaar founded The HoneyBaked Ham Co. and Cafe in 1957. Family-owned and operated for three generations, the company has more than 300 locations in the United States. Incorporated in 1974, the Atlanta-based company has a catalog division, corporate sales businesses and a temporary holiday store system. The company purchased The Hickory Ham Co. and its 40 franchise stores. In addition to its sweetly glazed ham, the company offers HoneyBaked turkey breast, side dishes, cheesecake, key lime pie and sandwiches. HoneyBaked Ham offers a corporate gift-giving program, employee recognition options, and catered meals for holidays and business functions.

    The total investment necessary to begin operation of a HoneyBaked Ham Store ranges from $292,900 to $567,600. This includes initial fees of $45,900
    to $50,500 that must be paid to the franchisor or their affiliate(s).
    If you sign an Area Development Agreement to develop multiple HoneyBaked Ham Stores, you will pay a Development Fee to the franchisor in the amount of $10,000 for each Store that you agree to develop.
    Veteran Incentives  $10,000 off first-store franchise fee
    "Entrepreneur
    #173 in Franchise 500 for 2020.
    #257 in Franchise 500 for 2021.









    About Link Business

    Become a LINK Franchisee

    We have now expanded into the competitive US market, with our first offices in Los Angeles, St. Louis, San Diego and Phoenix. Now that we have established our presence we plan to expand our office locations and bring our unique brand of industry tailored business brokerage to the rest of the US. We are particular about who we do business with, but if you are an existing business broker or owner of a business brokering company (even if you are currently with another group) and are successful, with impeccable integrity - we would like to hear from you. We can also send you our 24 page brochure "Partner Overview" outlining the many benefits of joining LINK, and what's in it for you.Our marketing is second to none, our broker tools are revolutionary, our software system is powerful and world-leading and our support is real. We work with individual offices to help them grow and prosper, we don't just sign you up and move on. LINK has truly changed the landscape of business brokering, and now its unique system is available in the United States. Don't miss the opportunity, as franchises locations are limited.

    Veteran Incentives  10% off franchise fee