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Updated RecentlyHannoush Jewelers Franchise
Jewelry stores
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Hannoush Jewelers Franchise?
The investment required to open a Hannoush Jewelers Franchise is between $291,000-$717,000. There is an initial franchise fee of $20,000 which grants you the license to run a business under the Hannoush Jewelers name.
Individual Unit Costs
- Initial Investment:
$291,000-$717,000 - Initial Franchise Fee:
$20,000 - Royalty Fee:
4% - Advertising Fee:
- Term of Agreement:
10 years
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For Hannoushes, Every Day A Jewel
Hannoush Jewelers could create a new holiday - Family Day - and then design the baubles that would make perfect gifts for the occasion.
Actually, every day is family day at the West Springfield based jewelry retail chain and manufacturer. The company is operated by eight Hannoush brothers, whose b...
The Hannoush Family
The vision of America as the land of opportunity where determination and hard work can lead to success has been made a reality by, not just one entrepreneur, but an entire family with a shared goal. From the first store, which opened in the Fairfield Mall in September 1980, Hannoush Jewelers has gro...
Hannoush Jewelers News & Press Releases
When did Hannoush Jewelers start Franchising? 1995
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 20 | 0 | 0 | 52 |
| 2003 | 20 | 0 | 0 | 43 |
| 2002 | 21 | 0 | 0 | 51 |
| 2001 | 20 | 0 | 0 | 51 |
| 2000 | 19 | 0 | 0 | 31 |
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | Yes | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising
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)
To calculate how much income a franchise owner can do at Hannoush Jewelers Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Hannoush Jewelers and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Hannoush Jewelers franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Hannoush Jewelers
Hannoush Jewelers
1655 Boston Road Unit B7
Springfield,
MA
01129-1155