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HoneyBaked Ham Co & Cafe

Franchise

HoneyBaked Ham Co. & Cafe is a family-owned franchisor launched 50 years ago with one location in Detroit. Since then, that family recipe for honey-glazed ham has grown into a franchise chain that offers four ways for franchisees to generate revenue: retail, catering, gifts and the dine-in Honeybaked Ham Cafe. A fast-casual restaurant, the Cafe features no messy grills or fryers and limited staffing requirements, making it simpler to operate than typical restaurants. It also offers family-friendly hours: Locations are typically open from 10 a.m. until 6 p.m. Monday through Saturday and closed on Sundays. In 1998, the company began franchising when it bought Hickory Ham, a Southeastern-based franchise; in 2002, it bought its largest competitor, Heavenly Ham.

Facts & Figures

Liquid capital required
$100,000
Net worth required
$350,000
Investment
$325,000 - $375,000
Franchise fee
$30,000
Units in operation
455

Overview

To open a location, you should have $100,000 available as liquid capital. $350,000 is the minimum net worth required to open a location. $325,000 is the minimum that someone opening a location should expect to invest. $375,000 is the maximum that someone opening a location should expect to invest. The franchise fee to open a HoneyBaked Ham Co & Cafe unit is $30,000. There is currently a total of 455 units in operation.

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