The HoneyBaked Ham Company & Cafe vs Primo Hoagies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Primo Hoagies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$292,900 - $567,600 | $215,500 - $554,500 |
Franchise Fee |
$30,000 | $15,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
3.25% | 2% |
Year Founded |
1957 | 2002 |
Year Franchised |
1998 | 2002 |
Term Of Agreement |
7 years | - |
Term Of Agreement |
7 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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: 112 hours
Classroom Training: 8 hours
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | Purchasing Co-ops
Newsletter
Meetings/Conventions
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 Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
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
#173 in Franchise 500 for 2020.
#257 in Franchise 500 for 2021.
About Primo Hoagies
We are very enthused and excited to be able to offer, to certain
qualified individuals, an opportunity to purchase one of a limited
number of PrimoHoagies franchises.
Our venture into franchising has been made possible, and somewhat
necessitated, by an increasingly hard to manage workload at our existing
locations. This is the result of a growing recognition and demand for
our product in the outlying areas of Philadelphia.
This offer presents the opportunity to own and operate your
own business, with the security of having a name and product
recognition that is well established, along with a formula that has
proven to be greatly successful. Through on-going consultation, you will
benefit greatly from the knowledge and expertise provided by the people
who originated PrimoHoagies and subsequently established it as one of the most popular retail food institutions throughout the area and beyond.
We enthusiastically believe that our unique and diverse
menu, along with our widespread reputation for unconditional quality,
will be a springboard for success in this franchise opportunity. We will
not, however, make any claims of instant prosperity based solely on the
reputation that Primo has established up to this point. The end result will ultimately depend on
your diligent work and total commitment to achieve success in your
business and eventually reap the benefits of your accomplishments.
Seeking franchisees for strategic national growth.
Veteran Incentives 10% off franchise fee