Hannoush Jewelers Franchise
Hannoush Jewelers, the largest family-owned fine jewelry store in America has been experiencing steady growth as it expands the number of franchises for sale across the country.
$20,000
$20,000
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Springfield, MA
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About Hannoush Jewelers
Hannoush Jewelers, the largest family-owned fine jewelry store in America, opened its first location in 1980 in Massachusetts and began franchising in 1995. With its reputation for high-quality and excellent value, it quickly became one of the premiere franchise opportunities in the fine jewelry sector. The company is a registered diamond importer. It also makes and sells its own watches, necklaces, earrings, pendants and rings featuring diamonds and various precious gems.
Franchise Fees
$20,000
4.0%
Gross Sales
0.5%
Gross Sales
Why Choose Hannoush Jewelers?
Franchisees benefit from the quality control the company is able to exert as a result of making its own pieces. Hannoush Jewelers also specializes in bridal collections that include loose diamonds, engagement rings and wedding bands. Those who decide to start a franchise with Hannoush Jewelers will find themselves with a good product that has name recognition in its market.
Hannoush Jewelers has been experiencing steady growth as it expands the number of franchises for sale across the country. There are now more than 60 locations in the U.S., with new stores opening on a regular basis. The company's training covers everything from marketing and management to education regarding fine jewelry design. A number of franchisees own and operate more than one location, some doing so with family members - just like the eight Hannoush brothers. As it continues to grow, Hannoush Jewelers can be considered one of the up-and-coming franchise businesses for sale today.
Starting Costs & Investment Requirements
$290,000 - $720,000
$100,000
$20,000
History
Hannoush Jewelers is a company whose philosophy has always been one of family ownership and personal attention to detail. Under the careful guidance of the Hannoush family, the first Hannoush Jewelers store opened its doors in Massachusetts in 1980. Today, the Hannoush Jewelers network includes more than 50 company-owned and franchised stores located throughout the United States.
Ideal Candidate
Franchisees come from a variety of business and professional backgrounds. Many have never before owned or operated a retail jewelry business.
Those who start a Hannoush Jewelers franchise report generally positive experiences with corporate support.
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