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Updated RecentlyThe HoneyBaked Ham Company & Cafe vs Link Business Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Link Business 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 | $53,200 - $148,500 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 6% | 6.5% |
| Advertising Fee | 3.25% | 2% |
| Year Founded | 1957 | 1996 |
| Year Franchised | 1998 | 2007 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 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 | -/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 |
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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 | On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academy |
| 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/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Marketing Support Ad Templates Social media Website development Email marketing |
| 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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | Yes |
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.
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
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#173 in Franchise 500 for 2020.
#257 in Franchise 500 for 2021.
About Link Business
Become a LINK Franchisee
We have now expanded into the competitive US
market, with our first offices in Los Angeles, St. Louis, San Diego and
Phoenix. Now that we have established our presence we plan to expand our
office locations and bring our unique brand of industry tailored
business brokerage to the rest of the US. We are particular about who we
do business with, but if you are an existing business broker or owner
of a business brokering company (even if you are currently with another
group) and are successful, with impeccable integrity - we would like to
hear from you.
We can also send you our 24 page brochure "Partner Overview"
outlining the many benefits of joining LINK, and what's in it for you.Our marketing is second to none, our broker tools are revolutionary,
our software system is powerful and world-leading and our support is
real. We work with individual offices to help them grow and prosper, we
don't just sign you up and move on. LINK has truly changed the landscape
of business brokering, and now its unique system is available in the
United States. Don't miss the opportunity, as franchises locations are
limited.