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Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Nature's Table Cafe 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 | $56,000 - $372,100 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3.25% | - |
Year Founded | 1957 | 1977 |
Year Franchised | 1998 | 1987 |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
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 | - |
Support | 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 | - |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Nature’s Table offers the right person a unique opportunity in a
business for themselves - but not by themselves. We fill the demand for
healthy choices for our customers on the go.
We are committed to growth driven by excellent service and
that's what we offer to both the
consumer and our franchisees.