Hannoush Jewelers vs Mainstream Boutique Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hannoush Jewelers vs Mainstream Boutique including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Hannoush Jewelers Franchise	Mainstream Boutique Franchise
Investment	$291,000 - $717,000	$160,800 - $306,350
Franchise Fee	$20,000	$40,000
Royalty Fee	4%	7.5%
Advertising Fee	-	0.5%
Year Founded	1980	1991
Year Franchised	1995	1998
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	-	-
Business Experience Requirements
	Hannoush Jewelers Franchise	Mainstream Boutique Franchise
Experience	-	-
Financing Options
	Hannoush Jewelers Franchise	Mainstream Boutique Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	-/Yes
Start-up Costs	No/No	-/Yes
Equipment	No/No	-/Yes
Inventory	No/No	-/Yes
Receivables	Yes/No	-/Yes
Payroll	No/No	-/Yes
Training & Support
	Hannoush Jewelers Franchise	Mainstream Boutique Franchise
Training	-	Initial training course at our corporate office in Apple Valley, Minnesota. The course includes classroom instruction and on-the-job training to learn basic operating skills, such as booking and conducting shows, inventory purchase and control, merchandising, customer service, customer relations, basic computer set-up and operations, selling and marketing techniques, financial reporting and much, much more. On-The-Job Training: 50+ hours Classroom Training: 26+ hours Additional Training: Ongoing training as needed
Support	Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations	You'll receive a copy of the Confidential Operations Manual that covers policies and procedures involved in running your business. You'll also receive periodic visits from a Mainstream Boutique representative who will provide experienced guidance along the way. And, of course, we are only a phone call away to answer your day-to-day questions. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	Co-op advertising	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)	Absentee Ownership Allowed
Expansion Plans
	Hannoush Jewelers Franchise	Mainstream Boutique Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	No	-

Company Overviews

About Hannoush Jewelers

Hannoush Jewelers' philosophy is one of personal attention to detail and family ownership. With the careful guidance of the Hannoush family, the first Hannoush Jewelers store launched in Massachusetts in 1980. The Hannoush Jewelers network today includes more than 50 company-owned and franchised stores throughout the United States.Hannoush Jewelers believes that a company can only be as good as the people who represent it daily. We have over 400 professionally trained employees who provide expert purchase advice to customers at stores in freestanding locations and fine malls.

About Mainstream Boutique

Mainstream Boutique is an exciting retail and fashion franchise concept that sells some of the fashion world's most unique clothing, accessories and giftware at franchise-owned retail stores, and a variety of direct sales venues such as home parties and corporate sponsored events. Our clientele is all ages, all sizes and always on the lookout for something out of the ordinary at affordable prices. Our franchisees are savvy, sales-oriented, and love working with people. Whether you are looking for the perfect outfit, or the perfect business opportunity, Mainstream Boutique might be for you! Mainstream Fashions is a company dedicated to helping women look and feel great in fun, unique fashions. We are also dedicated to helping our franchisees be successful and profitable.

Veteran Incentives  10% off franchise fee

#405 in Franchise 500 for 2020.