Hannoush Jewelers vs Educational Outfitters Franchise Comparison

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

Start-Up Costs and Fees
 
Hannoush Jewelers Franchise
Educational Outfitters Franchise
Investment $291,000 - $717,000$82,600 - $198,150
Franchise Fee $20,000$29,500
Royalty Fee 4%5%
Advertising Fee -3%
Year Founded 19801998
Year Franchised 19952001
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Hannoush Jewelers Franchise
Educational Outfitters Franchise
Experience -
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Hannoush Jewelers Franchise
    Educational Outfitters Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables Yes/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Hannoush Jewelers Franchise
    Educational Outfitters Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertisingCo-op advertising, Ad slicks, Regional 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)

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Hannoush Jewelers Franchise
    Educational Outfitters Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    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 Educational Outfitters

    Chattanooga, Tennessee-based Educational Outfitters was founded by Jamey and Brian Elrod in 1998 to make school uniform shopping more convenient for parents. The company sells tops, bottoms, jackets and accessories for public and private elementary, junior high and high school students.Educational Outfitters is the first franchise opportunity that offers retail stores-selling school uniforms and dress code apparel. Our customers are parents of students enrolled in Kindergarten through 12th grade at private, parochial, Christian and public schools. This is a huge and growing market. Not only are enrollments at private secular and religious schools growing, but also an increasing number of public schools are turning to uniforms and dress codes as a means of improving scholastic achievement, conduct, safety and self-esteem.

    We are committed to our customers and our franchise owners, and this culminates in our stated two-fold company purpose: "To seek, serve, and honor God as a business, and to have a multiplying impact on the lives our business touches."

    For our customers, we work to provide superior products, service, value, and convenience. For our franchise system, we deploy our proven concept, systems, and best efforts to help our owners succeed in their local markets.