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Updated RecentlyThe HoneyBaked Ham Company & Cafe vs Miami Rice Pudding Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Miami Rice Pudding Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $292,900 - $567,600 | $71,000 - $175,000 |
| Franchise Fee | $30,000 | $24,500 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3.25% | - |
| Year Founded | 1957 | 2006 |
| Year Franchised | 1998 | 2006 |
| Term Of Agreement | 7 years | 10 years |
| Term Of Agreement | 7 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| 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 | * Available at headquarters: 1 week * At franchisee's location: 1 week |
| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About The HoneyBaked Ham Company & Cafe
Veteran Incentives $10,000 off first-store franchise fee
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#173 in Franchise 500 for 2020.
About Miami Rice Pudding Company
NO LONGER FRANCHISING
We are hoping someone would like to take our concept to the next level email us for some info [email protected]
Unbelievable franchise opportunity introducing this great dessert concept to the malls, airports, art shows and similar venues in your market. Over 35 flavors of Rice Pudding delivered in cups or cones with the customers' choice of toppings. A low investment franchise.
Miami Rice Pudding's goal is to help franchisees bring the healthy joy of flavored rice pudding to the world. The reception of our 35 great flavors at our prototype proves the public is ready. Our concept also provides frozen "active culture" frozen "real" yogurt, smoothies and the option to sell ice cream both hard and soft. Other items are available for retail depending on your market location.
Customers regularly claim, "This rice pudding is Unbelievable!"
Miami Rice Pudding units occupy 300 to 1000 square feet of space in malls, airports, shopping centers, downtown areas where foot traffic is constant.
Free sampling is a big part of drawing in our customer and a great percentage say, "Wow, this is great!" and head to the counter to make a purchase.
You can join our franchise system and open in your market with a low investment and start up in a short period of time. Our system requires minimal food preparation and our product has a long shelf-life. Mall chains are eager for us to expand to their locations because we're unique, competitive, nutritious and a fun concept.
Call us toll free today at 866-6EAT-RICE