|
Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Just Fresh including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $292,900 - $567,600 | $475,000 - $650,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3.25% | - |
Year Founded | 1957 | 1993 |
Year Franchised | 1998 | 2003 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
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 |
||
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 Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, 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) |
Number of employees needed to run franchised unit: 12 - 15
(100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
At Just Fresh, we're committed to serving great tasting foods that are consistent with today's healthier lifestyle, never see a fryer, and include lots of fresh fruit, vegetables, nuts and grains, as well as poultry, seafood and lean meats. Besides our signature tossed-to-order salads, we feature delicious wraps and sandwiches made with our fresh baked breads, comforting soups, fabulous pastas and pizzas and a kid's menu that every parent will find appealing. We round it out with hassle-free, take home specialties and a variety of beverages, not to mention those Legendary Just Fresh Big Cookies. There really is something for everyone at Just Fresh!