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Below is an in-depth analysis and side-by-side comparison of Hannoush Jewelers vs Adam & Eve Stores including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $291,000 - $717,000 | $149,000 - $345,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1980 | 1970 |
Year Franchised | 1995 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-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 |
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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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
Visitors to Adam & Eve often find themselves surprised. The company is based on a 10-acre site in historic Hillsborough, North Carolina - operating from our 110,000 sq. ft. warehouse and a three-story office building. It is one of the largest private employers in Orange County, North Carolina with a diverse staff of nearly 375 people, including recent high school and college graduates, new parents and white-haired grandmothers. Apart from signed posters of adult stars and representatives in the call center praising the merits of a new video, there's very little on the surface to distinguish Adam & Eve from any other company in America. But the company promotes a very employee-friendly environment, as demonstrated by a high retention rate. Great benefits like half-day Fridays, personal days throughout the year and quarterly performance bonuses promote a rare family-like atmosphere at Adam & Eve that's the envy of companies throughout the nation.