The HoneyBaked Ham Company & Cafe vs Capriotti's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Capriotti's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$292,900 - $567,600 | $380,000 - $660,413 |
Franchise Fee |
$30,000 | $30,000 - $40,000 |
Royalty Fee |
6% | 6%-7% |
Advertising Fee |
3.25% | 3% |
Year Founded |
1957 | 1976 |
Year Franchised |
1998 | 1987 |
Term Of Agreement |
7 years | - |
Term Of Agreement |
7 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
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
| Within two months prior to your opening, you will complete the 3 level Capriotti's University training program including on-line training, three weeks of in-store training and one week of classroom offered at our corporate headquarters in Las Vegas, Nevada. Your visit will give you the full flavor of the Capriotti's experience.
On-The-Job Training: 270 hours
Classroom Training: 49 hours
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-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) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
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.
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
#173 in Franchise 500 for 2020.
#257 in Franchise 500 for 2021.
About Capriotti's
No doubt you've already experienced our amazing high-quality sandwiches and friendly customer service. If you're at all like most of our franchise owners, you instantly fell in love with the incredible food and smiling faces. You thought, "Wow! A Capriotti's franchise would be an incredible opportunity!"
That it is! There is no better time than NOW to start exploring that opportunity.
It is no secret that Capriotti's is different than the competition:
Our food is FRESH and of the BEST quality! Our turkey and roast beef are homemade. That's what makes them taste so good!
We have a UNIQUE menu with specialty subs that keep customers coming back!
We consider our franchise owners to be family and provide ongoing support to make your business successful.
The total investment necessary to begin operation of a Capriotti's restaurant ranges from $380,000 to $660,413. This includes
$61,000 that must be paid to the franchisor or affiliate.
If you want development rights, you must pay us a development fee equal
to $30,000 (the initial franchise fee for the first Restaurant), plus
the $6,000 Development Services Fee for the first Restaurant, plus a
deposit of 33% of the initial franchise fee (which is $30,000) for each
additional Restaurant you commit to develop. The total investment
necessary to begin operation if you acquire development rights (with a
minimum required commitment of 3 Capriotti's restaurants)
is $390,000 to $670,413. This includes $71,000 that must be paid to the franchisor or affiliate.
Veteran Incentives 15% off franchise fee
#329 in Franchise 500 for 2020.