Question 1

Does The HoneyBaked Ham Company franchise offer exclusive territory?

Accepted Answer

The HoneyBaked Ham Company offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the The HoneyBaked Ham Company franchise agreement term length?

Accepted Answer

The initial franchise agreement term for The HoneyBaked Ham Company is 10 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for The HoneyBaked Ham Company franchise?

Accepted Answer

The The HoneyBaked Ham Company franchise non-compete clause extends for 2 years within a 15-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a The HoneyBaked Ham Company franchise?

Accepted Answer

Yes, The HoneyBaked Ham Company allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.