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Updated RecentlyHannoush Jewelers vs Trunk Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hannoush Jewelers vs Trunk Club 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 | $5,000 |
| Franchise Fee | $20,000 | N/A |
| 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 | - | Successful candidates will have a strong track record of experience in business development, sales, or account management and a very skilled eye for men's apparel and styling. We're looking for top performers who are independent, motivated, and excited to work in a highly-entrepreneurial environment. |
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 | - | - |
| 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 |
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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 Trunk Club
THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY Trunk Club is a young and rapidly growing startup built around the idea that there's a better way for men to find awesome clothing. Trunk Club is led by a management team with a track record of success in men's apparel. We're looking to rapidly expand our team of full-time Trunk Club stylists. THE FULL-TIME STYLIST ROLE Stylists are the face of our company: They build and maintain client relationships and provide the exceptional level of service on which we pride ourselves. Our stylists are one part personal fashion outfitter and one part business development manager. They provide highly-personalized style advice and are always looking for ways to exceed their clients' expectations. They're passionate about maintaining long-term client relationships and continually generating referrals and new clientele. The licensee fee includes: representation on the website, all marketing material, on-board training, continued mentorship training, access to all the TC systems, policies and procedures, access to a home based business, access to the TC product division, marketing leads, support and the ability to sign on sub-licensees to build huge success. The best way to find out more about this opportunity is to email [email protected]