Hannoush Jewelers

Founded: 1980 Franchising since: 1995

134 Capital Dr. West Springfield, Massachusetts 01089

Phone: (413)846-4640

Franchisor has 20 employee(s); 4 employee(s) in franchise department.

Where Seeking Franchisees
In the U.S. 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, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: Negotiable

Total investment: $291K-717K Franchise fee: $20K

Ongoing royalty fee: 4% Term of agreement: 10 years, renewable

Type of Financing Available

	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

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $100K

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)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 3 months (as needed)

Ongoing Support

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

Marketing Support

• Co-op advertising