HoneyBaked franchisees benefit from four distinct revenue streams. This diverse mix of offerings helps improve our franchisees’ bottom line year-round. During the holidays, they can focus on retail business and gifting. Throughout the rest of the year, catering and lunch sustain business. Explore what our revenue streams mean for HoneyBaked franchisees.
Four Revenue Streams
Multiple revenue streams, all within one franchise system, help franchisees diversify their business and means they don’t have to rely too heavily on one source of revenue or one time of year. The HoneyBaked system is made to utilize all four revenue streams – all to the benefit of our franchisees.
Our busiest time for retail business is during the holidays, with lines snaking through our store. Of course we sell the World’s Best Ham, but our retail offerings include turkey, traditional heat-and-serve sides, in addition to desserts and the signature sauces and dips to take each bite to the next level.
The retail revenue stream is generally the largest for HoneyBaked franchisees and it’s what we’re known for. For thousands of Americans, the holidays just aren’t the same without our spiral-sliced, glazed ham on the table, so they make sure to visit their local HoneyBaked store each holiday season.
Who doesn’t love the gift of the World’s Best Ham? That is the thought behind our gifting revenue stream. Whether your customers want to gift everyone in their office a Honey Baked Ham or want to give their friends HoneyBaked gift cards, we have them covered.
Another popular holiday option, the gifting revenue stream is a favorite among corporate customers who want to send a meaningful gift to each colleague or client.
Beyond the holidays, HoneyBaked’s catering revenue stream helps franchisees generate revenue year-round and serves as a convenient option for your local customers. We cater office events, neighborhood block parties, graduation celebrations and any other event that calls for premium boxed lunches or party platters.
The catering revenue stream has proven to be a crucial part of many franchisees’ core business. In fact, some of our franchisees have even hired team members dedicated to placing catering orders, preparing them, and orchestrating delivery or pickup.
For our lunch revenue stream, we’ve turned our premium meats into delicious sandwiches, soups and salads that customers can look forward to midday. The HoneyBaked lunch menu was recently revamped to include a new sandwich, a new salad and some improved recipes.
Because we specialize in lunch, employees typically don’t arrive for work in our franchise locations before the sun is up and they aren’t staying past sundown for most of the year. Our lunch revenue stream helps ensure family-friendly hours for our franchisees, and their team members.
We have four different revenue streams for you to take advantage of, making us different from any other Quick Service Restaurant franchise. Are you ready to start utilizing retail, gifting, catering and lunch to build your own business? Start your HoneyBaked franchise journey by reaching out for more information.