Hannoush 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.

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Please Note: The operators of Hannoush Jewelers, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Hannoush Jewelers website.

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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News and Press Releases

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

Hannoush Jewelers Franchise Growth History

When did the first Hannoush Jewelers open? 1980
When did Hannoush Jewelers start Franchising? 1995

Year	U.S.A.	Corporate
2004	20	52
2003	20	43
2002	21	51
2001	20	51
2000	19	31

Hannoush Jewelers Franchise Expansion Plans

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,

Financing Options

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

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising

Business 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)

How much does a Hannoush Jewelers Franchise owner make?

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

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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.