Is The Honey Baked Ham Co. or Smokin’ Oak Wood-Fired Pizza cheaper to open?

The Honey Baked Ham Co. costs $514,200–$829,600 and Smokin’ Oak Wood-Fired Pizza costs $448,745–$891,205 to open (FDD Item 7). Smokin’ Oak Wood-Fired Pizza has the lower entry cost.

Which is the better franchise, The Honey Baked Ham Co. or Smokin’ Oak Wood-Fired Pizza?

FranchiseVerdict grades The Honey Baked Ham Co. A and Smokin’ Oak Wood-Fired Pizza B, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

The Honey Baked Ham Co. vs Smokin’ Oak Wood-Fired Pizza

Franchise Comparison 2026

Both The Honey Baked Ham Co. and Smokin’ Oak Wood-Fired Pizza are quick-service restaurants franchises. The Honey Baked Ham Co. requires an investment of $514K – $830K while Smokin’ Oak Wood-Fired Pizza requires $449K – $891K. The Honey Baked Ham Co. discloses average revenue of $984K; Smokin’ Oak Wood-Fired Pizza does not report Item 19 data. The Honey Baked Ham Co. has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates The Honey Baked Ham Co. A (Strongest tier) and Smokin’ Oak Wood-Fired Pizza B (Above average).

Metric	The Honey Baked Ham Co.	Smokin’ Oak Wood-Fired Pizza
Verdict Grade	AStrongest tierStrongest tier	BAbove averageAbove average
Investment Range	$514K – $830K	$449K – $891K
Franchise Fee	$20K	$50K
Royalty Rate	6.0%	6.0%
Average Revenue (Item 19)	$984K	N/A
SBA Charge-Off Rate	0.0% (17 loans)	Limited data
Total Units	448	7
Unit Growth (YoY)	N/A	N/A
Year Began Franchising	1998	2015
FDD Year	2026	2025