Strong Nationwide Franchise
Business Description
ESTABLISHED HONEYBAKED HAM FRANCHISE - ERIE, PA
This well-established HoneyBaked Ham franchise presents an exceptional opportunity in Erie's growing market. Operating successfully since 2015, this profitable location generates $547,000 in annual revenue with strong cash flow of $106,000.
BUSINESS HIGHLIGHTS:
• Established franchise with comprehensive brand recognition
• Multiple revenue streams: retail ham/turkey sales, lunch service, catering, and corporate gifting
• Unique "cut off the bone" fresh ham and turkey offerings
• Strong growth trajectory - nearly doubled revenue since opening ($278,000 first year)
• Significant market potential with demographics supporting $1M+ revenue opportunity
• Prime 4,000 sq ft location with favorable lease through December 2030
• Comprehensive training and ongoing franchise support included
REVENUE STREAMS:
• Retail: Premium ham, turkey, sides, and desserts
• Food Service: Fresh sandwiches and lunch items
• Catering: Sandwich platters and buffet-style trays for events
• Corporate Gifting: Established customer base with expansion potential
FINANCIALS:
• Annual Revenue: $547,000
• Cash Flow (SDE): $106,000
• FF&E Value: $30,000
• Inventory: $50,000 (included in price)
• Monthly Lease: $4,100
• Lease Term: Through December 1, 2030
This turnkey operation offers multiple growth opportunities in an underserved market. The retiring owner provides comprehensive training alongside established franchise support systems. Seller financing available to qualified buyers.
Perfect for owner-operators seeking a proven business model with strong brand recognition, diverse revenue streams, and significant growth potential in Erie's expanding market.
This well-established HoneyBaked Ham franchise presents an exceptional opportunity in Erie's growing market. Operating successfully since 2015, this profitable location generates $547,000 in annual revenue with strong cash flow of $106,000.
BUSINESS HIGHLIGHTS:
• Established franchise with comprehensive brand recognition
• Multiple revenue streams: retail ham/turkey sales, lunch service, catering, and corporate gifting
• Unique "cut off the bone" fresh ham and turkey offerings
• Strong growth trajectory - nearly doubled revenue since opening ($278,000 first year)
• Significant market potential with demographics supporting $1M+ revenue opportunity
• Prime 4,000 sq ft location with favorable lease through December 2030
• Comprehensive training and ongoing franchise support included
REVENUE STREAMS:
• Retail: Premium ham, turkey, sides, and desserts
• Food Service: Fresh sandwiches and lunch items
• Catering: Sandwich platters and buffet-style trays for events
• Corporate Gifting: Established customer base with expansion potential
FINANCIALS:
• Annual Revenue: $547,000
• Cash Flow (SDE): $106,000
• FF&E Value: $30,000
• Inventory: $50,000 (included in price)
• Monthly Lease: $4,100
• Lease Term: Through December 1, 2030
This turnkey operation offers multiple growth opportunities in an underserved market. The retiring owner provides comprehensive training alongside established franchise support systems. Seller financing available to qualified buyers.
Perfect for owner-operators seeking a proven business model with strong brand recognition, diverse revenue streams, and significant growth potential in Erie's expanding market.
About the Business
- Years in Operation
- 11
- Employees
- 4 (1 Full-time, 3 Part-time)
5 - Franchise
- This business is an established Honey Baked Ham franchise
- Facilities & Assets
- Comes complete for a turn-key operation, to include walk in freezer, cooler, sandwich cart, merchandiser, turbo chef oven, convection oven, 2 pos computers, 2 desktop computers, and all utensils, shelving needed and much more.
- Website
- https://www.honeybaked.com/stores
- Market Outlook / Competition
- Honeybaked ham is a one of a kind franchise offering retail. (Ham, turkey, sides and desert sales.
Lunch, sandwich and sides with "cut off the bone" ham and turkey.
Catering, a whole array of sandwich and buffet style trays.
Gifting, established gifting customer with room for growth. - Opportunities for Growth
- It is still a relatively unknown market. But is quickly growing, average gross income with similar demographics.appx $1,000,000.
First year gross $278,000.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $4,100.00 per month
- Lease Expiration
- 12/1/2030
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Comprehensive seller and franchise training and support.
- Financing Options
- Seller financing negotiable
Listing Info
- ID
- 2480772
- Listing Views
Business Location
Listing ID: 2480772 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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