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Updated RecentlyHannoush Jewelers vs Bijoux Terner Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hannoush Jewelers vs Bijoux Terner 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 | $255,850 - $546,850 |
| Franchise Fee | $20,000 | $30,000 |
| 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 |
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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 | - | Bijoux Terner conducts an intensive initial training program for all new franchisees over a six day period at its Miami, FL training facility and/or one of its operating luxury boutiques. The training course includes detailed education and instruction in all facets of the business operation including: * The Bijoux Terner Concept * Visual Merchandising * Boutique Management * Sales and Service |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Bijoux Terners' focused support services provide valuable information to and shared experience with its franchisees to ensure early and ongoing successful program implementation. These services include: * Initial and Ongoing Training Programs * Business and Marketing Planning Assistance * Simplified Purchasing at Substantial Volume Discounts * Inventory Management Systems * Leading-Edge Merchandising Practices * Integrated POS System What does being supported by a global operation mean to you? A staff of 150 design, distribution, logistics, and merchandising specialists. A 165,000 Sq Ft distribution center. Sourcing and quality assurance offices in Hong Kong and Shenzen. State-of-the-Art inventory management. And more� Store Opening Assistance - a Bijoux Terner representative will be on site for up to seven days to help you through a successful opening, including training your employees! |
| 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 | - |
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 Bijoux Terner
Fashion Accessory Retail - Simplified & Perfected. For You. As a Bijoux Terner franchisee, you own and operate one or more luxury boutiques selling highly fashionable accessories at a simple $10 price point. Our proven Bijoux Terner system keeps the right products in your boutique, brilliantly merchandised, to deliver consistent customer traffic and sales. We pioneered this powerful retail niche and are eager to share it with qualified people interested in owning their own luxury boutique. If you have ever desired to be in the fashion business, the Bijoux Terner franchise may be the right opportunity for you. Bijoux Terner offers the fashion entrepreneur several options for entering this exciting business. Depending on your financial resources and ideas about the size of the business you intend to build, you may opt to open a single luxury boutique or to open multiple stores under our Multi-Unit Option agreement. As a Bijoux Terner franchisee, you focus on creating a highly visual and captivating customer experience in your luxury boutique. You'll keep your customers enticed through a continual replenishment of new, exciting inventory, the entire look and feel of your store will be ever-changing! Bijoux Terner continues to be a great business partnership for us and the product quality is exceptional for the price. The service is extremely professional and provided on a very personal, friendly, and accommodating level. BijouxTerner is a great company to be a part of and we look forward to opening many more new stores in the near future!