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The HoneyBaked Ham Co. and Café
This 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 Café. A fast-casual restaurant, the Café 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.
Fast Facts
| Year established | 1957 |
| Franchising since | 1998 |
| Can be run from home? | No |
| Number of employees needed | 4 - 6 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | |
| % of franchisees who own multiple units | 10% |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 179 | 0 | 260 |
| 2010 | 184 | 0 | 260 |
| 2009 | 178 | 0 | 276 |
Expanding in These Locations
| Total Investment | $243,900 - $364,900 |
| Franchise Fee | $30,000 |
| Royalty Fee | 5% - 6% |
| Net Worth | $350,000 |
| Liquid Capital | $125,000 |
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
