The HoneyBaked Ham Company & Cafe vs Mr. Sub Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Mr. Sub 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
Mr. Sub Franchise
Investment $292,900 - $567,600$160,000
Franchise Fee $30,000$15,000
Royalty Fee 6%5%
Advertising Fee 3.25%-
Year Founded 19571968
Year Franchised 19981972
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee -50% of initial fee


Business Experience Requirements
 
The HoneyBaked Ham Company & Cafe Franchise
Mr. Sub Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
    		•

    Financing Options
     
    The HoneyBaked Ham Company & Cafe Franchise
    Mr. Sub Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The HoneyBaked Ham Company & Cafe Franchise
    Mr. Sub 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 -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-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)

    		 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    Expansion Plans
     
    The HoneyBaked Ham Company & Cafe Franchise
    Mr. Sub Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    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 Mr. Sub

    The first Mr. Sub restaurant opened in Toronto, Ontario in March of 1968. Right from the start, the concept was simple: sell quality subs, make them fresh, and serve them fast. And above all, give customers value for their money. A lot has changed since then. Our menu has grown to include salads, wraps, soup, fresh baked bread and more. Today, there are over 520 restaurants from coast to coast, and Mr. Sub is still owned by the founding partners. Lots of things have changed over the years, but every franchisee remains committed to our original concept of quality and freshness. That thinking was what brought people to our restaurants back in the 60's, and it continues to create new customers today.

    "Top

    #38 in Canada's Top franchises.