The HoneyBaked Ham Company & Cafe vs Cousins Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Cousins Subs 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
Cousins Subs Franchise
Investment $292,900 - $567,600$119,200 - $300,800
Franchise Fee $30,000$25,000
Royalty Fee 6%6%
Advertising Fee 3.25%2%
Year Founded 19571972
Year Franchised 19981985
Term Of Agreement 7 years10 years +10
Term Of Agreement 7 years10 years +10
Renewal Fee --


Business Experience Requirements

 
The HoneyBaked Ham Company & Cafe Franchise
Cousins Subs Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills
  • People skills

  • Financing Options

     
    The HoneyBaked Ham Company & Cafe Franchise
    Cousins Subs 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
    Cousins Subs 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: 185 hours Classroom Training: 53 hours Additional Training: 21 days training total
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-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)

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is allowed.


    Expansion Plans

     
    The HoneyBaked Ham Company & Cafe Franchise
    Cousins Subs Franchise
    US Expansion YesNo
    Canada Expansion NoNo
    International Expansion NoNo

    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 Cousins Subs

    Great food. High quality. Good value. Committed. These are the words our guests and franchisees use to describe the Cousins Subs opportunity. Our guests love our food, and our franchisees respect our organization. Our vision of excellence is what keeps us growing and keeps our guests coming back on a regular basis. We are Cousins Subs , a leader in the growing QSR (Quick Service Restaurant) segment of the restaurant industry. Cousins Subs  competitive advantages include:
     - Being a cash business with low receivables and little inventory.
     - Having a multi-unit market penetration strategy.
     - Possessing an in-depth understanding of the future of our business and industry
     - Offering innovative and automated business systems.
     We invite you to visit several of our locations, and contact us to learn more. Whether you are interested in developing an entire market or to begin with a single unit franchise, Cousins Subs  is your franchise of choice!

    Seeking new franchisees in Arkansas, Arizona, Florida, Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Oklahoma, South Dakota, Texas, and Wisconsin

    Veteran Incentives  $5,000 off franchise fee