百大连锁店-Rank no. 300 – 新移民致富之路

百大连锁店-Rank no. 300 – 新移民致富之路

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Rank no. 300 – The HoneyBaked Ham Co. & Cafe – US

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Products & Services: Specialty ham & turkey store/cafe

Number of Locations: 428

Total Investment: $278.79K – 409.89K

Founded: 1957

Began Franchising: 1998

About The HoneyBaked Ham Co. & 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.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 188 0 0 240
2012 181 0 0 251
2011 183 0 0 —
2009 170 0 0 —
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, West, Washington, Wisconsin, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $278,800 – $409,900
Franchise Fee: $30,000
Ongoing Royalty Fee: 5-6%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $350,000
Liquid Cash Available: $100,000 – $150,000

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. (95% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee’s location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #300 (2013), #227 (2012), #219 (2010),
Fastest-Growing: #45 (2010),
Over 40 years ago, Harry J. Hoenselaar began a special tradition when he opened his first The HoneyBaked Ham Company store in Michigan. He’d select the finest quality bone-in ham. Cure it in his secret marinade, and then for tenderness, he’d smoke the ham for hours over a unique blend of hardwood chips.The crowning touch was Harry’s crunchy sweet glaze that crackled with good taste. He even found a way to slice the ham into perfectly even slices. He invented and patented a unique machine that slices a ham in a single, continuous spiral. The rest is history.

Three generations and over 400 stores later, the Hoenselaar family still prepares The HoneyBaked Ham the same way that Harry did… one ham at a time. The children and grandchildren of the Hoenselaar family are committed to carrying on the wonderful tradition and legacy of Harry J. Hoenselaar.