Hannoush Jewelers vs The Glove Guy Franchise Comparison

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

Start-Up Costs and Fees

 
Hannoush Jewelers Franchise
The Glove Guy Franchise
Investment $291,000 - $717,000$28,995
Franchise Fee $20,000N/A
Royalty Fee 4%-
Advertising Fee --
Year Founded 1980-
Year Franchised 1995-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Hannoush Jewelers Franchise
The Glove Guy Franchise
Experience --

Financing Options

 
Hannoush Jewelers Franchise
The Glove Guy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables Yes/No-/-
Payroll No/No-/-

Training & Support

 
Hannoush Jewelers Franchise
The Glove Guy Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Co-op advertising-
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)

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Expansion Plans

 
Hannoush Jewelers Franchise
The Glove Guy Franchise
US Expansion 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 The Glove Guy

People will always need safety apparel and gear, and demand is increasing due to long-term worker safety laws and regulations newly in place. Glove Guy products are required in almost every industry, including; * Construction * Manufacturing * Maintenance * Agriculture * Food * Automotive/ Transportation and many more!