Honey Baked Ham Franchise Owner Salary

What Is The Honey Baked Ham Franchise For Sale Rate

The franchise for sale rate for Honey Baked Ham over the past 3 years is 6%. Over the last year we have data for, Honey Baked Ham had a franchise for sale rate of 5%.

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

How Much Does A General Manager Make At Honey Baked Ham Co Llc In The United States

Average Honey Baked Ham Co. LLC General Manager yearly pay in the United States is approximately $52,327, which is 6% below the national average.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

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

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

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

Recommended Reading: How To Get Baked On Grease Off

The Honey Baked Ham Company Salary Faqs

The average The Honey Baked Ham Company salary ranges from approximately $48,956 per year for an Assistant Manager to $69,097 per year for a General Manager. The average The Honey Baked Ham Company hourly pay ranges from approximately $12 per hour for a Cashier to $18 per hour for a Store Supervisor. The Honey Baked Ham Company employees rate the overall compensation and benefits package 3/5 stars.

The highest-paying job at The Honey Baked Ham Company is a General Manager with a salary of $69,097 per year.

The lowest-paying job at The Honey Baked Ham Company is an Assistant Manager with a salary of $48,956 per year.

The Honey Baked Ham Company employees attributed a compensation and benefits rating of 3.0/5 stars to their company. Read what they think about their salaries on our Compensation FAQ page for .

How Much Does A Honey Baked Ham Franchise Owner Make

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

Honey Baked Ham discloses financials at the unit level. In other words, they show how much Honey Baked Ham 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 Honey Baked Ham franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Honey Baked Ham. Dont just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Honey Baked Ham owners were making.

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

Don’t Miss: Crispy Oven Baked Chicken Thighs

Why Join The #hamfam

Living our core values is so important to us at HBH and they guide our focus and decisions. We all have a heart for service to each other and our customers and make it a priority to give back to the communities where we live and work.

Our giving philosophy starts with a goal to make a difference – providing resources and encouragement for our associates, giving countless professional and volunteer hours, sponsoring important community events and contributing to national hunger-relief programs.

We help each other, too. The HoneyBaked Employee Assistance Relief Team is an employer-sponsored fund that offers a way for HoneyBaked associates to support their fellow team members who are affected by a disaster, such as weather related events or house fires. Grants from the H.E.A.R.T. fund provides assistance to associates in immediate need.

At HoneyBaked, were very serious about quality of our products and our service, but we dont take ourselves too seriously ! We always manage to Keep It Fun from our Hamjamas to our monthly Co-Mingles, where we not only have nibbles, but where at any moment, a water-pistol fight could break out

Were not your typical corporate culture were different. If this resonates with you, then Bring it all to our table. Weve saved you a seat.

How Much Does A Manager Make At Honey Baked Ham Co Llc In The United States

Average Honey Baked Ham Co. LLC Manager hourly pay in the United States is approximately $12.77, which is 8% below the national average.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

You May Like: Best White Fish To Bake

How Much Does A Honey Baked Ham Franchise Cost

Are you wondering how much is a Honey Baked Ham franchise? Before starting a Honey Baked Ham franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Honey Baked Ham franchise is $292,900 and can go all the way up to $567,900. Keep in mind, you should also allocate additional funds to live off of while the Honey Baked Ham business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Honey Baked Ham franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Honey Baked Ham business 2) pass break even 3) hit significant income.

After you pass the point of earning significant income from your Honey Baked Ham franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

What Is The Average Salary For Honeybaked Ham Employees In The United States

HoneyBaked Ham employees earn $30,000 annually on average, or $14 per hour, which is 75% lower than the national salary average of $66,000 per year. According to our data, the highest paying job at HoneyBaked Ham is a VP of Supply Chain at $171,000 annually while the lowest paying job at HoneyBaked Ham is a Food Service Representative at $14,000 annually.

Read Also: How Long To Bake Brussel Sprouts

Are Honey Baked Ham Stores Franchised

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.

When Was Honey Baked Ham Founded

Honey Baked Ham started offering franchises in 1998. Honey Baked Ham was founded 24 years ago in 1998.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

Also Check: Honey Baked Ham Willow Grove

How Much Does Honey Baked Ham Co Llc

Average Honey Baked Ham Co. LLC hourly pay ranges from approximately $8.97 per hour for Management Trainee to $29.96 per hour for Manager in Training. The average Honey Baked Ham Co. LLC salary ranges from approximately $18,000 per year for Management Trainee to $62,677 per year for District Manager.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

The Honeybaked Ham Company Seeks Franchisees In Iowa And Kansas

Three owners tell how they built a better life by buying a franchise

Atlanta, GA Jobs are one of the hottest topics in the US right now. At both the Democratic and Republican National Conventions, the need to create more work was at the forefront. Fortunately, according to the International Franchise Association, there are jobs in franchising close to 18 million actually and theres opportunity for growth in Kansas. Thats why The HoneyBaked Ham Company is actively seeking potential franchisees in the Des Moines, Cedar Rapids and Wichita areas.

Current HoneyBaked owners come from all corners of the country and all walks of life. But most will say the same things when asked about their success as franchisees. Its not simply being an owner/operator at HoneyBaked Ham that makes their jobs so satisfying. They say its about exciting work, a strong support network, and a great balance of home and family.

I knew I didnt want to be an employee for someone else for the rest of my life, and I wanted my children to get a good education, so I had to get my priorities in order to make that all happen. Working with HoneyBaked Ham, both as an employee and as a franchisee, gave me more time to be home with my children. I have been able to drop them off at school and football practice, guitar and piano lessons. Its been hard work, but thats what its all about. You have to work hard to be successful.

RestaurantNews.com

Recommended Reading: Where To Sell Home Baked Goods

Opportunity Means A Lot To Entrepreneurs Looking To Franchise A Business

• The chance to serve best-in-class products that people have loved for generations
• The freedom of a flexible schedule so you have more time to enjoy your life
• Making a comfortable living without limitations on how much you can grow or make
• The respect, responsibility and relationships that come with business ownership
• The ability to take charge and pave your own way in your life and career

With The Honey Baked Ham Co.®, the opportunity is all yours. And its also exactly what you make of it.

What Is The Honey Baked Ham Franchise Fee

Owning a Honey Baked Ham 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.

Keep in mind, there is also an initial Honey Baked Ham franchise fee of $30,000 that is included in the initial investment amount of $292,900 to $567,900. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Honey Baked Ham franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Honey Baked Ham franchise fee of $30,000.

Visit the Honey Baked Ham metrics 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.

Read Also: How To Make Baked Apples

The Honey Baked Ham Company

The Honey Baked Ham Company is a food retailer which sells hams, turkey breasts and other pre-cooked entrées, side dishes, and desserts. It was founded in 1957 in Detroit, Michigan, and its headquarters is in Alpharetta, Georgia. As of June 5, 2020 there are 492 outlets.

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.

You May Like: Honey Baked Ham Albany Ny

How Much Does Honey Baked Ham Co Llc In The United States Pay

Average Honey Baked Ham Co. LLC hourly pay ranges from approximately $8.19 per hour for Stocker to $19.23 per hour for Maintenance Technician. The average Honey Baked Ham Co. LLC salary ranges from approximately $15,000 per year for Customer Service Associate / Cashier to $300,000 per year for Cook.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

To Becoming A Franchisee

INITIAL CONVERSATION

Well set up a time to talk with you to learn more about your goals and share an overview of our program. If your goals align with ours and the territory that youd like to develop is available, well email you more information and schedule a more in-depth conversation.

FRANCHISE WEBINAR

Once youve talked with us and completed an application, youll spend some time learning from a webinar that includes a more detailed illustration of the HoneyBaked brand.

FRANCHISE DISCLOSURE DOCUMENT

After attending the webinar, you will receive the Franchise Disclosure Document and return the receipt page. Begin reading and compiling your questions.

Q & A

Discuss your questions in a Q& A session with your Honey Baked Ham Co.® Franchise Development contact. By the end of this session, you should understand the revenue streams, terms and fee structure.

BUSINESS TEMPLATE

During this step, you will receive our business template. The template will help you create business-building scenarios.

MEET EXPERIENCED FRANCHISEES

Next, youll speak with current franchisees to learn about our business from their perspective, gain insight into your business planning scenarios and validate your business plan.

DISCOVERY DAY

Visit The Honey Baked Ham Co.® team for a Discovery Day in our corporate office in Atlanta to better understand the tools and level of support we provide to help you grow your business.

FINAL EVALUATION & SIGNING

LETS GET YOU STARTED

Also Check: Can You Bake Frozen White Castle Burgers

Considering A Honeybaked Ham Franchise Dont Overlook These 33 Important Franchise Fees

Last updated on April 12, 2021in Franchise Fees, Miscellaneous Food Franchises, Retail Franchise

If you are considering a HoneyBaked Ham franchise, dont get blindsided by these 33 important franchise fees .

1. Franchise Fee: $20,000 to $30,000

• The initial franchise fee for a franchise is $30,000 and is payable when you sign the Franchise Agreement. If you are an existing franchisee and you operate at least one HoneyBaked Ham Store, HoneyBaked Ham will reduce your Franchise Fee to $20,000.

• The Franchise Fee is fully earned when paid, is not refundable under any circumstances, and is not credited against any other fees paid to HoneyBaked Ham.

• If you paid a Development Fee for a Store under an Area Development Agreement, HoneyBaked Ham will credit the Development Fee that you paid for that Store against the Franchise Fee for that Store.

• HoneyBaked Ham is a member of the International Franchise Associations VetFran Program. Under HoneyBaked Hams VetFran Program, if you provide HoneyBaked Ham with a DD Form 214 or other adequate documentation as determined by HoneyBaked Ham, demonstrating honorable discharge from the United States military, and you sign a Franchise Agreement to develop and operate a new Store, then HoneyBaked Ham will reduce your Franchise Fee by $10,000.

2. Development Fee: $10,000 for each Store that you agree to develop at the time you sign the Agreement

3. Payments for Products, Equipment, and Services: $11,000 to $18,000

5. Royalty: 6% of net sales

Job Posting For Manager Franchise Administration At The Honeybaked Ham Company

After over 60 years in business, we’re still deeply committed to Making Meals Memorable. We’re the home of The World’s Best Ham and the secret to our success isn’t a secret at all-it’s our people. We’re a high performance team committed to being authentic in everything we do and to living our Values in full view of the communities we serve. We have an entrepreneurial spirit that’s brought us a lot of success and we’re looking for a Franchise Administration Manager to join the team. Our perfect candidate will thrive in a fun and casual environment, pay it forward daily, and add value to the company by managing all franchise administration activities, from the Franchise Disclosure Document to coordinating with other departments on franchise processes, compliance and procedures. NOTE: We have a hybrid “return to office” schedule: currently working three days in the office/two days at home.

WHAT YOU’LL DO

YOUR TRACK RECORD

WHAT WE OFFER

Competitive salary and benefits plan, including a matched 401 and a culture where doing the right thing is the only thing to do…and where you can have fun

We’re proud of our company and to be an equal opportunity employer. Applicants for employment are considered without regard to race, sex, color, citizenship, national origin, religion, age, marital status, disability, military/uniformed service, sexual orientation, gender identity or expression or any other protected class under applicable federal, state or local law.

Read Also: Fresh Baked Shampoo And Body Wash

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.