The HoneyBaked Ham Company & Cafe vs Moe's Italian Sandwiches Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Moe's Italian Sandwiches 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
Moe's Italian Sandwiches Franchise
Investment $292,900 - $567,600$93,500 - $159,500
Franchise Fee $30,000$15,000
Royalty Fee 6%5%
Advertising Fee 3.25%1%local +1%Nat'l
Year Founded 19571959
Year Franchised 19981993
Term Of Agreement 7 years10+15+15
Term Of Agreement 7 years10+15+15
Renewal Fee -Then current fee


Business Experience Requirements

 
The HoneyBaked Ham Company & Cafe Franchise
Moe's Italian Sandwiches Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    The HoneyBaked Ham Company & Cafe Franchise
    Moe's Italian Sandwiches Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    The HoneyBaked Ham Company & Cafe Franchise
    Moe's Italian Sandwiches 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

    A designated manager and one employee must attend and successfully complete the training program established by the company at one of our training locations to be designated

    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

    *You will receive Moe's Operation Manual which covers the many important aspects of your business operation. *As manuals are updated, revisions will be sent to you. *You will receive regular visits from our field reps who will consult with you and offer useful advice and counsel on your operation. *We have quarterly meetings to provide you with the ongoing training and tools you will need to operate a successful Moe's Italian Sandwich Franchise.

    Marketing Co-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)

    -

    Expansion Plans

     
    The HoneyBaked Ham Company & Cafe Franchise
    Moe's Italian Sandwiches Franchise
    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
    "Entrepreneur
    #173 in Franchise 500 for 2020.
    #257 in Franchise 500 for 2021.









    About Moe's Italian Sandwiches

    If you are reading this, you are like millions of other people who think about owning their own business versus working for someone else. Most of you want the ability to increase your earning power, maximize job security, control your quality of life, have long term equity, or to own a family business. Often, people start their own business out of frustration with the corporate "rat race", have been laid off one too many times, are retired from the corporate world and still want to work for themselves, or they have a vision and want to be in control of their future. Everyone usually asks the same questions: Should I try to start my own business from scratch or buy into a franchise with a system that has been around? *Where do I start if I really want to do it? *How much money do I need to get started? *Where do I get the money? *Do I really have the desire to make a change? *How much money will I make? They all realize there is a tremendous opportunity in the restaurant segment because it is recession proof and it continues to grow every year. Why choose Moe's over the other franchise options? *Our $15,000 franchise fee is one of the lowest *Our Royalty fee (5%) and Ad Fund fee (1%) are among the lowest *Help with business plans and finding equipment leases *Protected territories upon signing franchise agreement *Our products are second to none. Taste and compare the difference before you decide *We have kept the concept simple for easy training, low staffing needs, and maximum profitability *Over 50 years of heritage and tradition in New England *We are not too big that we forget how important your business is - we started with one unit just like you *We have selected equipment lineups that keep start-up, maintenance, and utility costs lower than others *Convenience and take out foods are the fastest growing segment in the restaurant industry *Most importantly - We have available territories! - Get in on the ground floor now.