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Honey Baked Ham

Honey Baked Ham

The total investment to open a Honey Baked Ham franchise ranges from $431,050 to $877,000. The initial franchise fee is $15,000. Ongoing royalties are 6% plus a 4.25% advertising fee.

What is the Honey Baked Ham franchise?

The Honey Baked Ham franchise operates in the specialized retail food sector, with a focus on premium prepared hams and turkeys. It is classified in the Meat Markets category and centers on convenience, quality, and products that customers often choose for holidays, special occasions, family meals, and celebrations. The brand has 18 total units, with locations serving products that have developed a loyal following over time. Its position in prepared foods responds to consumer interest in high quality, ready to serve meals that reduce preparation time for individuals and families. The Loan Activity Score for the Honey Baked Ham franchise is 28, giving prospective investors one data point when considering the brand’s performance and operating characteristics. Along with its unit count, the score reflects an operating business with a presence in multiple communities and an offering that includes signature products and related gourmet items. The brand’s identity is closely associated with celebratory dining and convenient prepared meals in the food service and retail grocery markets.

Businesses in the Meat Markets category are shaped by consumer demand for convenience, quality, food safety, and clear sourcing practices. Many buyers seek ready to eat or easy to prepare products without giving up taste, which aligns with the core offering of a Honey Baked Ham franchise. Food retail has also seen continued interest in specialty products, as customers consider flavor, consistency, and a distinctive culinary experience when choosing beyond conventional grocery selections. Honey Baked Ham products can serve as a centerpiece for family meals and holiday gatherings. Consumer attention to food safety and transparent sourcing favors brands with established reputations and defined quality standards. Prepared meat products also experience seasonal demand around major holidays, creating concentrated sales periods during the year. A Honey Baked Ham franchise must respond to changing tastes, lifestyle patterns, and dietary preferences while maintaining the quality and identity of its primary products.

Opening a Honey Baked Ham franchise requires planning across several areas of retail food investment. Costs generally include the right to use the established brand name, trademarks, and operating systems. A franchisee may also need to fund the development and fit out of a physical retail space, including architectural design, construction or renovation, specialized ovens, refrigeration units, display cases, and point of sale systems. Initial inventory is another major expense, covering signature products and complementary merchandise. Other planned expenses can include local marketing, grand opening promotions, business licenses, permits, and professional services. Working capital is needed for early operating costs such as employee salaries, utilities, and continuing supplies before revenue becomes consistent. These categories show why launching a specialized retail food business requires financial planning across real estate, equipment, inventory, staffing, marketing, and day to day operations.

The Honey Baked Ham franchise operating model is built around a premium product, consistent quality, and an organized customer experience. Franchisees typically work within procedures covering product handling, preparation, inventory management, and customer service. Training for new franchisees and key personnel would address the skills needed to manage the business. It would likely include the methods used to prepare and glaze the signature hams and turkeys, supporting consistent taste and presentation. Continuing operational guidance may address supply chain management, quality control, marketing, and problem solving. Store layouts are generally planned for efficient product movement and customer interaction, with areas for product display and order fulfillment, as well as complementary gourmet items such as side dishes, desserts, and sauces. Inventory systems help reduce waste and preserve product availability during seasonal demand. A clean, inviting store and a knowledgeable, customer focused team support customer satisfaction and repeat business at each location.

Buyers therefore need to evaluate the opportunity through retail food economics and broader category conditions. In the Meat Markets category, financial results are generally affected by sales volume, cost control, and margins on core products and related offerings. Sales at a Honey Baked Ham franchise may vary with store location, local demographics, community involvement, and local marketing, especially during holidays and catering seasons. Operating efficiency also affects results through labor management, inventory control, energy use, and waste reduction. Prospective franchisees should conduct due diligence and, where permitted, speak with existing franchisees to better understand the financial realities and possible returns in their intended market.

The Honey Baked Ham franchise has 18 total units, reflecting an established presence in the Meat Markets sector. Detailed historical growth rates and expansion plans are not stated in the source, but the existing unit count indicates a measured approach to market presence and brand development. Its competitive position is tied to its distinctive products and established recognition. The glazing process and resulting flavor of its hams and turkeys distinguish the brand from more general offerings. That specialization can encourage repeat purchases and referrals from customers seeking the product for particular occasions. The prepared format also gives the brand an advantage over meal options that require extensive preparation at home. Experience accumulated over many years may provide franchisees with established recipes, production methods, and customer service practices. The Loan Activity Score of 28 offers a current performance reference point and may identify areas for continued attention as the brand operates in a changing food retail market. Consistent delivery of a sought after product, supported by an established operating system, forms the basis of the franchise’s competitive position.

A suitable Honey Baked Ham franchisee would generally bring an entrepreneurial outlook and a genuine interest in quality food and customer service. Experience in retail management, food service, or business operations is not always required, but it can help with staff management, inventory control, and local marketing. Franchisees must follow brand standards and established procedures so that quality remains consistent across all 18 units. Communication skills and involvement in the local community can help owners build relationships and encourage customer loyalty. Site selection typically considers local demographics, visibility, accessibility, and proximity to complementary businesses or residential areas. High traffic retail corridors, shopping centers, and convenient neighborhood locations may offer useful access and exposure. The target customers often include families and individuals looking for premium, convenient meal solutions. A prospective location should therefore serve a market that can support the brand’s specialized products.

The Honey Baked Ham franchise is an established business in specialized food retail, with 18 total units and a Loan Activity Score of 28. Its model is based on premium prepared hams and turkeys, along with related products, convenience, seasonal demand, and a recognizable customer experience. The core product appeals to customers seeking taste, reliability, and less preparation for holidays, special events, and everyday meals. A defined operating system and the brand’s recognition can give franchisees a foundation for serving their local communities. The business may suit entrepreneurs who value a tangible food product, customer relationships, and a specialized retail format.

Loan Activity Score

28/100

SBA Default Rate

25.0%

Active Lenders

12

According to its Franchise Disclosure Document or public business records, Honey Baked Ham has 22 locations, all owned by franchisees. Public SBA loan records show 12 lenders made 24 loans to franchisees of Honey Baked Ham. PeerSense calculates Honey Baked Ham's score as 28 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.

2026 FDD ON FILEMeat Markets

Franchising since 1957 · 22 locations

Investment

$431,050 to $877,000

Franchise Fee

$15,000

Total Units

22

22 franchised

Loan Activity Score
High
28
SBA Lending
1
Lender Quality
9
Transparency
8
Reach
7
Momentum
3

Proprietary PeerSense metric

Limited
Capital Sources
12SBA lenders

Distinct lenders in public SBA records for Honey Baked Ham

24

Total SBA loans

$250K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Honey Baked Ham

Loan Activity Score Breakdown

Growing (10 to 24 loans)

High Confidence
28out of 100
Limited
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety1/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency8/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

25.0%

vs 10.3% peer avg

SBA Loans

24

Total Volume

$6.0M

Active Lenders

12

1 selective

States

14

vs. SBA Sector Average

-14.7%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Data Insights

Key performance metrics for Honey Baked Ham based on SBA lending data

SBA Default Rate

25.0%

14.7% above peer avg

SBA Loan Volume

24 loans

Across 12 lenders

Lender Diversity

12 lenders

Avg 2.0 loans per lender

Investment Tier

Significant investment

$431,050 to $877,000 total

Honey Baked Ham: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2007

5 approvals. The best year on record for Honey Baked Ham.

Top SBA State

Texas

5 SBA financed Honey Baked Ham locations, the densest operator footprint.

Average Loan Size

$250K

Median $298K. Use as a sizing anchor when modeling your own Honey Baked Ham unit.

Lender Concentration

58.3%

Concentrated

Share of Honey Baked Ham approvals captured by the top 3 SBA lenders.

Honey Baked Ham's SBA lending pipeline peaked in 2007 (5 approvals). Operator density is highest in Texas with 5 SBA financed locations. Average funded ticket sits at $250K, with the median at $298K. Lender mix is concentrated: the top three SBA lenders account for 58.3% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$345K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$4,462

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Honey Baked Ham, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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1 FDD Available for Honey Baked Ham

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Honey Baked Ham

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman

This is not a franchise offering and does not constitute financial, investment, or legal advice. Data is sourced from Franchise Disclosure Documents (FDDs), public filings, and third party sources and may contain inaccuracies. The figures reflect the FDD on file for the year shown and may have been superseded or extracted with errors. PeerSense is not a financial advisor, attorney, or accountant. Always consult the brand's current FDD and seek professional guidance from a qualified attorney, accountant, or financial advisor before making any franchise investment decision. See full Terms & Conditions.