Heavenly Ham Franchise Details
Print Page- Investment Required
- Investment Level: $ 125 K
- Training and Support: Yes
There are currently 150 Heavenly Ham stores in the United States, mostly spread across the Southeast, though they ship across the country. While a handful of those stores are corporate owned, the vast majority of them are franchises. These franchises build up solid, loyal customer bases of repeat customers, and have strong seasonal sales spikes around Thanksgiving (for turkeys), Christmas and Easter (for hams) and during the summer (for graduation and wedding receptions). Most Heavenly Hams sales have strong regional ties, and the shops tailor their offerings with seasonal variation to capitalize on this. As a result, Heavenly Hams looks for business people with strong community ties, rather than "hands off" owners, and tries to make sure that each owner runs a small number of well-run shops.
Heavenly Hams takes a "tree ring" approach to growth – they only offer new franchises when they are certain that they can do so without jeopardizing their current franchise partner's business model. This means they won't open up franchises in subdivided areas…but it also means that they only offer franchising opportunities for limited periods of time, called windows. The current Heavenly Ham franchising window is closed, though the sales growth at existing stores indicates it may be opening sometime in 2008 or 2009. Until that window opens again, the price for a new franchise is not publicly disclosed. Current overall sales for the chain are $900 million per year, with steady growth.
Current franchise opportunities for Heavenly Hams include buying existing franchises; there are a number of them for sale, and the company welcomes all inquiries on this subject. Typical sales price for a Heavenly Hams franchise is a quarter million dollars, more depending on regional variability and market capitalization. The company does provide training and support to people who buy existing franchises, as part of their tree-ring growth pattern approach, and trying to maximize the success of their franchise partners.
Business Franchise World is not actively submitting franchise applications to this company at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.
