Honey Baked Ham Franchise Cost

The Honey Baked Ham Company Llcdirector Franchise Operations Inalpharetta Georgia

Here at HoneyBaked, we believe in “we” over “me” and in paying it forward. Making a difference and keeping it fun are part of our DNA. Being authentic in everything we do and living our Values in full view of the community we serve is just who we are. If that’s who you are, too, then this could be the place for you. We’re looking for a Director, Franchise Operations to join the team in our Alpharetta, GA headquarters. Our perfect candidate will thrive in a fun and casual environment, pay it forward daily, and add value to the company by leading all aspects of franchise store operations, brand standard adherence, franchise business consultation, franchsie portfolio management, franchise sales, and development for 200+ franchise-owned stores.

This is a key role that is also responsible for leading excellence in day to day franchise operations, providing business solutions and influencing franchisees by developing a trusting and mutually beneficial working relationship. The Director is also responsible for leading a team of 7 to 10 Franchise Business Leaders and other operations support team members.

WHAT THIS ROLE DOES

YOUR TRACK RECORD

Bachelor’s degree , along with 5+ years of extensive multi-unit franchise leadership and operational roles preferably within the retail or restaurant industry, along with a successful track record of recruiting talent, building teams, people development and performance management.

We think success in this role will require:

WHAT ELSE TO KNOW?

Historical Sales And Certain Expenses For 152 Franchised Stores For Calendar Year 2020

• Part 3 presents Net Sales, Cost of Goods Sold, and Hourly Labor expense data for 152 franchised Stores that were open during the entire period from January 1, 2020 to December 31, 2020 and that provided year-end profit and loss statements to the franchisor on its standardized form for this period. The franchisor has not audited or verified this information.

• Part 3 does not include any data related to 63 franchised Stores that were open in 2020, that did not provide profit and loss statements to the franchisor, or whose statements were not provided to the franchisor in the correct format.

• Cost of Goods Sold includes the total costs of food and beverage sales as well as paper and packaging supplies.

• Gross Profit is calculated by subtracting Cost of Goods Sold from Average Net Sales.

• Hourly Labor Costs include only hourly employee wages.

• Store Operating Profit After COGS and Hourly Labor is calculated by subtracting Cost of Goods Sold and Total Hourly Labor Costs from Average Net Sales.

• The cost and expense data presented in Part 3 does not reflect all costs and expenses that must be deducted from the Net Sales figures to obtain your net income or profit, including store operating expenses such as manager salary, fringe benefits, payroll taxes, supplies, menus, uniforms, credit card fees, bank charges, utilities, dues and licenses, maintenance contracts, trash removal, exterminators, royalty fees, contributions to the advertising fund, local advertising, and rent.

All Stores

The Honey Baked Ham Menu With Prices

Craving for some amazing ham? Honey Baked Ham has got you covered. Apart from that, The Honey Baked Ham menu also includes sandwiches, turkey, salads, soups, treats and more.

The food items like Whole Turkey Breast, Quarter Ham Meal, BBQ Baby Back Ribs, and honey baked ham are some of the most popular on The Honey Baked Ham menu. Once you try the ham offered by The Honey Baked Ham, I am sure there is no going back.

They also have options for catering and buffets. In buffets, they have VIP Buffet, sandwich builder buffet, signature meat Tray. In boxed lunches, they have sandwich boxes, salad boxes, buffet salads.

Honey Baked Ham has become a legacy that people all over the country turn to the place in order to buy ham for their Christmas meals, for birthday parties and more.

Another reason why The Honey Baked Ham is so famous is because of its affordable prices. So without waiting more, lets check out the latest The Honey Baked Ham menu with prices. Check out the notable list of menu items along with the updated price.

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Is Honeybaked Ham A Franchise

A franchise is owned and operated by the HBH Franchise Company, LLC. On-site cafés at HoneyBaked restaurants serve sandwiches, salads, beverages, and other menu items approved by the franchisor and are made with the use of trade secrets. HoneyBaked stores sell products that are made using proprietary processes and contain trade secrets.

What Is The The Honey Baked Ham Co Franchise Failure Rate

The Honey Baked Ham Co franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

The Honey Baked Ham Co failure rate over the past 3 years is 5%. Over the last year we have data for, The Honey Baked Ham Co had a franchise failure rate of 0%.

Without a comparison, this number doesnt mean much. Compare how the The Honey Baked Ham Co franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Honey Baked Ham Co. More info in the The Honey Baked Ham Cometrics tab.

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The Birth Of A Legend

In 1957, Mr. Hoenselaar opened the first Honey Baked Ham Co.® store in Detroit, Michigan, where he sold the only ham that was pre-sliced in a patented spiral design. Harry chose to smoke the highest-quality bone-in hams for hours over a special blend of hardwood chips and added a secret recipe sweet glaze to make his top-quality hams more tender and flavorful than anything else available on the market then, or today.

Why Choose Honeybaked Ham Company As Your Franchise

Even though it is a restaurant, the franchise operates more like a retail establishment. During non-holiday periods, most locations can operate with just 2 or 3 employees, which means overhead stays low. Youll have better hours because youre working retail times instead of restaurant times and because youre baking your products, there is no frying involved. In return, you get very loyal customers who enjoy the quality product that you will produce!

What makes the HoneyBaked Ham different than other products on the market? Although the spiral slicing that originated with this organization is at the core of the product, it is the sweet glaze and incredible flavors that drive people back for more ham and turkey. Each item is hand-selected by the home organization so that you can always know youll be presenting a good product to your customers. They are then smoked slowly over 24 hours to give it extreme tenderness and arrives at the store fully cooked.

Are you ready to get started exploring this opportunity? The place to begin is to contact HoneyBaked Ham directly to discuss your finances and have your credit history run. Once your financials have been proven, youll then schedule an interview and go through an online introduction to the products that youll be representing. Theres a holiday coming up right around the corner could that be the best time for you to have your grand opening and find investment success?

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Is The Honey Baked Ham Co Growing Are They Opening More Locations Than They Are Closing

The net unit growth rate for The Honey Baked Ham Co over the past 3 years is 1%. Over the last year we have data for, The Honey Baked Ham Co had a net unit growth rate of 0%.

Without a comparison, this number doesnt mean much. Compare how the The Honey Baked Ham Co growth rate compares to 2,000+ other franchises and Industry franchises like The Honey Baked Ham Co. More info in the The Honey Baked Ham Cometrics tab.

How Much Does A The Honey Baked Ham Co Franchise Owner Make

The Honey Baked Ham Co franchise earnings and revenue can vary significantly from one franchisee to another. The The Honey Baked Ham Co franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

The Honey Baked Ham Co discloses financials at the unit level. In other words, they show how much The Honey Baked Ham Co franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the The Honey Baked Ham Co franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like The Honey Baked Ham Co. Dont just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those The Honey Baked Ham Co owners were making.

Visit the The Honey Baked Ham Cometrics tab to explore the financials for this business.

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What Is The The Honey Baked Ham Co Franchise Fee

Owning a The Honey Baked Ham Co franchise requires 6% royalty fee and 3.25% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the The Honey Baked Ham Co Franchise Disclosure Document

Keep in mind, there is also an initial The Honey Baked Ham Co franchise fee of $30,000 that is included in the initial investment amount of $396,050 to $673,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the The Honey Baked Ham Co franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the The Honey Baked Ham Co franchise fee of $30,000.

Visit the The Honey Baked Ham Cometrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

The Honey Baked Ham Nutritional Information

You can check all the nutritional breakdown of the items served in Honey Baked Ham by visiting the link mentioned above.

If you are a diet conscious person, then you can edit the calories of each item according to yourself using the nutritional calculator that we have also mentioned above.

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Things You Need To Know About The Honey Baked Ham Company Franchise

Introduces New Store Design

1. After spending the last few years unveiling a new brand identity, which features a revamped logo and new burgundy and warm orange color palette, The Honey Baked Ham Company announced its plans to launch a major remodeling program across its entire network of stores, beginning in late October 2019. In addition to providing an updated look to HoneyBakeds retail stores, the initiative also aims to provide an enhanced customer experience.

2. HoneyBakeds first renovated store to feature the new design opened in Alpharetta, Georgia on October 28, with a second planned soon thereafter in the Perimeter Center area of Atlanta. The Honey Baked Ham Company plans to remodel 10-20 retail stores per year.

3. JoAnn Herold, chief marketing officer of The Honey Baked Ham Company, said, After 62 great years, it was time for HoneyBaked to modernize itself to appeal to todays consumers. This modernization started with an updated brand identity, manifesting itself across our website, advertising creative, merchandising, packaging, uniforms and now, our retail stores. Because consumers have responded really well to our new brand identity, we believe the implementation of this new retail store design could have significant impact on our business, potentially resulting in a 5-7 percent increase in sales for renovated stores.

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Our Family Tradition: Making The Worlds Best Ham

Our signature Bone-In Half Ham is what were famous for. Only the top 10% of hams go on to become Honey Baked Hams smoked over a special blend of hardwood chips for up to 24 hours, spiral-sliced, hand-glazed and wrapped in our iconic gold foil. But were more than just ham for the holidays. Our franchisees benefit from an array of products and services that help keep business flowing.

What Is The The Honey Baked Ham Co Franchise For Sale Rate

The The Honey Baked Ham Co systemwide health and franchisee satisfaction can be measured by the The Honey Baked Ham Cofranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The Honey Baked Ham Co franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, The Honey Baked Ham Co had a franchise for sale rate of 0%.

Without a comparison, this number doesnt mean much. Compare how the The Honey Baked Ham Co franchise for sale rate compares to 2,000+ other franchises and Industry franchises like The Honey Baked Ham Co. More info in the The Honey Baked Ham Cometrics tab.

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How To Open A Honeybaked Ham Franchise

To own a HoneyBaked Ham franchise, you will need to meet the company’s set net worth and liquid capital requirements. You may then submit a franchise inquiry form.

If chosen to proceed, you typically go through an initial webinar to teach you about the franchise brand and process. After that, you’ll receive the Franchise Disclosure Document to help you compile your questions that a franchise representative may answer in a follow-up Q& A session.

Next, you may receive a business template to help you develop a plan and meet with experienced franchisees to get their perspective. Then, you might go through a final evaluation before signing, but only after you attend discovery day at company headquarters in Alpharetta, Georgia.

You will go through some training before you open your doors. The HoneyBaked Ham franchise wants to see the company expand and is ready to support you in every way.

Are exclusive territories available?

Yes

Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.

What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.

Interested in franchise ownership like The Honey Baked Ham Co.? Request a free consultation with a Franchise Advisor now.

Finding The Latest The Honey Baked Ham Menu With Prices Of Your Nearest Location

Do you want to know how to order food from your nearest The Honey Baked Ham? Im here to guide you through the process of how to find the latest menu. So, read all the steps and refer to the pictures below to learn how to order online from The Honey Baked Ham.

1. Click on the link of official website of The Honey Baked Ham and the homepage will be displayed.

2. Click on the stores to find the nearest outlet of The Honey Baked Ham. It will direct you to locate the address.

3. When you add the address, the complete menu will be displayed.

4. Select the food items and add it to the cart. You can customize the food items as per your taste.

5. When you added the food items to the cart, proceed further to checkout.

6. Click on the checkout and add your personal details to place the order.

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Honey Baked Ham Franchise In Usa Cost Profit How To Apply Requirement Investment Review

Are you looking for a franchise in USA. Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.

Are There Any Additional Requirements To Be A Franchisee

When you become a franchisee of this organization, youre also assigned a Franchise Business Consultant who has one primary job: to promote your franchises success. Youll get IT support that includes a specific POS system and cash flow modeling that must be adapted. Inventory control and labor scheduling are also part of the required package. In return, your assigned consultant can help you with food safety, QA throughout the store, and addition inspection support.

The organization will also help you source your equipment, contracting support, and assist with construction site visits if necessary. Youll also receive help in analyzing your market to determine additional selling strategies that may be effective in the future.

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What Makes Honey Baked Ham So Unique

Each Honey Baked Ham is cured for up to 24 hours using a proprietary method that increases the meats flavor. Our hams weigh the same entering into the curing process as they do coming out since we dont add any more water or juices. After curing, our hams are smoked for 24 hours over a special combination of hardwood chips, imparting a rich, smoky taste that our customers adore.

All Honey Baked Hams are rich mahogany in color and packed with tantalizing smokey flavor because to the accuracy and care with which they are smoked, and because they are smoked at least twice as long as the industry norm.