Signature Ham, Smokin' Profits & Spiraling Growth!

Asking Price$150,000

Cash Flow
$123,298
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$527,520

Inventory$15,000
Included in asking price
FF&E$100,000
Included in asking price
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Signature Ham, Smokin' Profits & Spiraling Growth!


Asking Price$150,000

Cash Flow
$123,298
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$527,520

Inventory$15,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
Semi-absentee opportunity with 4 revenue streams! Customers can’t resist the signature hams and sides at the retail space, while the gifting, lunch, and catering streams wrap up a year-round revenue package. It’s a recipe for success, offering flexibility and flavor in every slice of business.

Own the only Honey Baked Ham franchise in a 40-mile radius, in the heart of Kankakee. Since the current owner took the reins in December 2018, they've skillfully increased annual sales from $320,000 to $527,520, producing a juicy cash flow of $123,298. Marketing has been the secret sauce to build a loyal customer base that includes corporate clients like NuCor Steel and local healthcare institutions.

This is a turnkey opportunity, complete with $100,000 in fixtures, furniture, and equipment, alongside ample inventory to ensure a seamless operation. Supported by a dedicated team of 8 part-time employees, the business promises a smooth transition. Requiring just 10-15 hours/week from the owner, this operation affords the perfect balance for an investor or growth minded owner-operator. The Kankakee area is alive with potential customers from expanding local enterprises, making it ripe for targeted outreach to local businesses, schools, and factories.

HoneyBaked Ham Co. of Bourbonnais offers a taste of entrepreneurial success without the need to start from scratch. Sweet opportunity to carve out new levels of success!

Inquire today for NDA by email!
About the Business
Years in Operation
7
Number of Employees
8
Franchise
This business is an established franchise
Facilities & Assets
The sale price includes the following: walk-in cooler, walk-in freezer, storage cooler, storage freezer, cold prep table, Coke machine, Kitchen Equipment to run the daily business, Office Computer, 2 new POS systems. Estimated value is $100,000. The franchise's inventory on hand at the time of the sale is also included, estimated to be $15,000 at any time.
Website
https://www.honeybaked.com/stores/1702
Market Outlook / Competition
The Honey Baked Ham Co.® taps into the multi-billion-dollar prepared foods and specialty retail market, serving a unique niche with premium hams, catering, gifting, and lunch offerings. With over 400 locations nationwide, it blends tradition with convenience, meeting the demand for quality meals year-round. This diversified model, strong brand recognition, and multiple revenue streams create a growth-ready franchise opportunity in a thriving market.
Opportunities for Growth
Capitalizing on a prime growth trajectory, this Honey Baked Ham franchise in Kankakee stands at the cusp of a significant expansion, with the upcoming factory promising 2,600 new employees—a sizable market for lunches, catering, and corporate gifting. The local economic landscape is fertile, with major players like CSL Behring and Nucor Steel fueling employment and creating a burgeoning customer base. Yet, an untapped avenue for potential lies in the digital domain. The franchise's current digital presence is underdeveloped offering ripe opportunity.
Real Estate
Owned or Leased
Leased
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Franchisor provides comprehensive training and support including: 32 hours in classroom, 150 hours on-the-job, franchisee intranet, proprietary software, and ongoing field operations support from Franchise Business Leaders, meetings & conventions, marketing support across many channels
such as social, SEO, email, and national media.
Listing Info
ID
2292748
Listing Views
2211

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Listing ID: 2292748 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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