Franchise opportunities compared
HoneyBaked vs Just Between Friends
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
HoneyBaked
$167,200 – $829,600
2026 FDD · Item 7Just Between Friends
$67,365
2026 FDD · Item 7 · PDF p. 21Initial franchise fee · Item 5
HoneyBaked
Not available
Just Between Friends
$24,900
2026 FDD · Item 5 · PDF p. 12Royalty · Item 6
HoneyBaked
6%
2026 FDD · Item 6 · PDF p. 12Just Between Friends
3%
2026 FDD · Item 6 · PDF p. 14Before you compare
- Both sets of figures come from 2026 FDDs.
- HoneyBaked discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (HoneyBaked: 20, Just Between Friends: 12). Different groups are not directly comparable.
Financial commitment
HoneyBaked
Just Between FriendsHoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
System scale & health
HoneyBakedJust Between FriendsHoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
HoneyBaked
Just Between Friends
Financial performance (Item 19), by location group
HoneyBakedJust Between FriendsItem 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
HoneyBaked vs Just Between Friends: common questions
- Which costs less to open, HoneyBaked or Just Between Friends?
- HoneyBaked: $167,200 – $829,600 (2026 FDD · Item 7); Just Between Friends: $67,365 (2026 FDD · Item 7 · PDF p. 21). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Just Between Friends. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do HoneyBaked and Just Between Friends royalties compare?
- HoneyBaked: 6% (2026 FDD · Item 6 · PDF p. 12); Just Between Friends: 3% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, HoneyBaked or Just Between Friends?
- HoneyBaked: 271 (2026 FDD · Item 20 · PDF p. 62); Just Between Friends: 151 (2026 FDD · Item 20 · PDF p. 62). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do HoneyBaked and Just Between Friends disclose financial performance (Item 19)?
- HoneyBaked has reviewed Item 19 figures for 20 location groups; Just Between Friends has reviewed Item 19 figures for 12 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full HoneyBaked report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Just Between Friends report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
