The Honey Baked Ham Co. logo

The Honey Baked Ham Co.®

Food & Beverage • Year: 2025
All product and company names mentioned are trademarks™ or registered® trademarks of their respective holders. Use of these names does not imply any affiliation with, sponsorship by, or endorsement by them.

What Is The Honey Baked Ham Co.?

The Honey Baked Ham Co. is a retail franchise specializing in specialty hams, turkeys and related prepared food products operating under the HoneyBaked Store brand. HoneyBaked Stores sell ham, turkey and other specialty products and operate on-site cafés that serve sandwiches, salads, beverages and other approved menu items, generating revenue from retail product sales and café food and beverage sales. Stores are typically located in shopping centers but may also be freestanding locations.

The Honey Baked Ham Co. Franchise: Pros and Cons

The franchise's biggest strength is a 100 training and support score (top quarter), reflecting strong onboarding and ongoing help to get new operators revenue-ready; its biggest risk is that the franchisor runs 231 company-owned units (top 5%), signaling heavy corporate reliance that may limit franchise growth and autonomy.

Pros

100 training and support score, well above typical (top quarter), indicating strong onboarding and ongoing operational help to get new operators revenue-ready and keep standards consistent.
$15,000 initial franchise fee, well below what's common in Food & Beverage (bottom 10%), leaving you with more cash on hand for build-out, inventory, and early operating costs.
0 franchisor-initiated enforcement actions, well below typical (bottom 5%), which suggests the franchisor rarely resorts to formal legal enforcement and the system is not frequently adversarial.

Cons

231 company-owned units, well above typical for Food & Beverage (top 5%), indicating the franchisor relies heavily on corporate locations rather than growing a large base of franchised operators - something to investigate about their franchise commitment and growth plan.
4 reacquired outlets, well above typical (top 10%), signaling past franchisees have exited the system and pointing to operator turnover you should probe further.
1 franchisee-initiated settlement, above typical (top quarter), which shows at least one dispute was resolved through settlement and suggests there have been points of friction between operators and the franchisor that merit clarification.

Lawsuits & Legal Risk

81/100
NORMAL

The Honey Baked Ham Co. reported no material legal proceedings,

Territory Protection

43/100
NORMAL

The Honey Baked Ham Co. grants a negotiated protected territory around the store under the Franchise Agreement, with relocation allowed only by prior written consent. Territory rights are contingent on meeting performance quotas; the franchisor retains rights to develop nearby units and to sell via e-commerce and other distribution channels.

Training & Support

100
Excellent

The Honey Baked Ham Co. provides a comprehensive 202-hour training curriculum designed to prepare two designated individuals for launch. The program includes on-site operational readiness support for launch; franchisees are responsible for travel and living expenses, and additional on-site support is available for a separate fee.

How Much Does It Cost to Open a The Honey Baked Ham Co. Franchise?

Opening a The Honey Baked Ham Co. franchise requires a total initial investment of $581,400 to $876,950, according to the 2025 Franchise Disclosure Document. This range covers the franchise fee, real estate, equipment, training, and initial working capital needed to launch and operate through the early months.

Minimum Investment

$581,400
Minimum Investment Breakdown
Franchise Fee
Real Estate
Equipment & Assets
Reserves
Training
Other

Maximum Investment

$876,950
Maximum Investment Breakdown

Minimum Investment Breakdown

Franchise Fee$30,000
Real Estate$273,700
Equipment & Assets$213,000
Reserves$50,000
Training$2,000
Other$12,700

Maximum Investment Breakdown

Franchise Fee$30,000
Real Estate$496,350
Equipment & Assets$263,500
Reserves$50,000
Training$7,500
Other$29,600

Investment Analysis

This investment analysis is coming soon. Have ideas for other analyses you'd like us to add? Get in touch.

The initial investment amounts shown are estimates only. Actual costs may vary based on location size, business model, and multi-unit ownership arrangements. We recommend reviewing the full Franchise Disclosure Document for complete details.

Frequently Asked Questions

Is The Honey Baked Ham Co. a good franchise to own?

Whether The Honey Baked Ham Co. is a good franchise depends on your goals, experience, and local market. Key factors from the 2025 FDD: The Honey Baked Ham Co. operates 439 locations, received a legal risk score of 81/100, a training and support score of 100/100. Financial performance data is disclosed in Item 19. Prospective franchisees should review the full Franchise Disclosure Document and consult with a franchise attorney before making any investment decision.

Is a The Honey Baked Ham Co. franchise worth the investment?

The value of a The Honey Baked Ham Co. franchise investment depends on factors such as location, operator experience, and market demand. The initial investment ranges from $581,400 to $876,950. The Honey Baked Ham Co. disclosed average gross sales of $989,787 in 2025. Franchise investments carry inherent risk, and prospective buyers should conduct thorough due diligence before committing capital.

What is the failure rate of The Honey Baked Ham Co. franchises?

In the 2025 FDD, The Honey Baked Ham Co. reported 0 terminated franchises and 3 non-renewals out of 439 total locations. Franchise closures can result from many factors including market conditions, operator decisions, lease expirations, and franchisor enforcement actions. The FDD's Item 20 provides the most detailed unit turnover data.

How long does it take to break even with a The Honey Baked Ham Co. franchise?

Break-even timelines for The Honey Baked Ham Co. franchises are not disclosed in the 2025 Franchise Disclosure Document. Break-even periods vary significantly based on initial investment level, local market conditions, operating costs, and revenue ramp-up speed. Prospective franchisees should build a pro forma financial model using Item 7 cost estimates and, where available, Item 19 financial performance data from the FDD.

Is The Honey Baked Ham Co. a franchise or a corporate-owned business?

As of the 2025 FDD, The Honey Baked Ham Co. operates 208 franchised locations and 231 company-owned locations. Franchise opportunities are available through the franchisor's disclosure process.

Report generated on June 16, 2026 at 08:40 AM

ZeeReport does not audit the information it receives and does not independently verify the information in every instance.

Prospective franchisees should consult the original Franchise Disclosure Document before making any investment decision.

Data is extracted via automated AI tools. Inaccuracies or omissions are possible due to the nature of the technology.

This report is for informational purposes only and does not constitute legal, tax, financial, investment, or other professional advice.

Interested in The Honey Baked Ham Co.?

Get more information and connect with the franchise directly.