Hannoush Jewelers vs Bon Worth Franchise Comparison

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

Start-Up Costs and Fees

 
Hannoush Jewelers Franchise
Bon Worth Franchise
Investment $291,000 - $717,000$123,690 - $190,375
Franchise Fee $20,000$30,000
Royalty Fee 4%-
Advertising Fee --
Year Founded 19801966
Year Franchised 19952016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Hannoush Jewelers Franchise
Bon Worth Franchise
Experience --

Financing Options

 
Hannoush Jewelers Franchise
Bon Worth 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
Bon Worth 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)

-

Expansion Plans

 
Hannoush Jewelers Franchise
Bon Worth Franchise
US Expansion YesYes
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 Bon Worth

Bon Worth has been a nationally recognized retailer of quality women’s fashion for over 52 years. It currently operates 115 company-owned retail stores located in 28 states.
Bon Worth was founded in 1966 by Mr. Loren Wells. It is in a niche market and enjoys an extremely loyal following in the market it caters to. It has captive customers who are extremely loyal. Based on the feedback from dozens of stores across the U.S., along with the flagship store in Hendersonville, N.C., Bon Worth has decided to begin franchising as a vehicle of new growth. We will unify the franchisees under a common operating system and name and will provide the keys to success gained through unparalleled years in the fashion world.
Bon Worth is known for its classic designs and the brand was rated the Number One Outlet Brand. The brand’s designs are exclusive.