The Honey Baked Ham Co franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.19 ↗

Franchise fees and ongoing costs

Franchise fee

$5,000 to $20,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · 6% of net sales, paid monthly by the 20th based on the prior calendar month's net sales

Marketing contribution

3.25% (basis not captured; see original filing)

Technology fee

$152/month (Seasonal Stores pay only for months they are open)

Other fees

CMS POS Support & Licensing Fee $2,400/yr; Cybersource fee $34/mo + $0.22-0.29/transaction; Gift Card Transaction Fee 9% of face value (certain cards)

Working capital (FDD Item 7)

$25,000-$50,000 for a standard Store ($5,000-$13,000 for a Seasonal Store) to cover employee salaries, utilities and other operating expenses

Fees sourceFDD p.12 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.19 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average/median net sales by thirds (top/middle/bottom) for stores open 3+ years, separately for all stores, franchised stores, company-owned stores, and seasonal stores; plus a historical net sales, COGS, and EBITDA table for franchised stores

Reporting period

FY2025 net sales tables cover the 3-year period Sept 26, 2022-Sept 28, 2025; the EBITDA/expense table (Table 4) covers calendar year 2024

Sample

198 franchised Stores open at least 3 years (Table 2, FY2025); 203 franchised Stores that submitted P&L statements (Table 4, CY2024)

Reported average

$983,538

Reported median

$923,111

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.49 ↗

Unit growth: Item 20

Reporting year

2025 (fiscal year ended September 28, 2025)

Scope

franchised outlets

Starting outlets

208

Year-end outlets

212

Net change

+4

Derivation

ending minus starting outlets

Openings

8

Terminations

0

Non-renewals

0

Other closures

1

Reacquisitions

3

Transfers

8

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD · page not captured ↗

SBA loan history

Loan activity

9 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$250,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

7 loans

Historical charge-off share

14.29%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

2 / 14

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does The Honey Baked Ham Co franchise cost?

standard HoneyBaked Store (2,000-2,600 sq ft): $514,200 to $829,600; Seasonal Store (800-1,500 sq ft): $167,200 to $265,600 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $5,000 to $20,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.19 ↗

Franchise fee sourceFDD · page not captured ↗

How much do The Honey Baked Ham Co owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average/median net sales by thirds (top/middle/bottom) for stores open 3+ years, separately for all stores, franchised stores, company-owned stores, and seasonal stores; plus a historical net sales, COGS, and EBITDA table for franchised stores. Sample: 198 franchised Stores open at least 3 years (Table 2, FY2025); 203 franchised Stores that submitted P&L statements (Table 4, CY2024). Period: FY2025 net sales tables cover the 3-year period Sept 26, 2022-Sept 28, 2025; the EBITDA/expense table (Table 4) covers calendar year 2024.

Item 19 performance sourceFDD p.49 ↗

What's the SBA charge-off rate for The Honey Baked Ham Co?

14.29%; numerator / denominator: 2 / 14. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $250,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 7 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗