Hannoush Jewelers Franchise

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.

Retail
Min. Liquid Capital

$20,000

Min. Franchise Fee

$20,000

Total Number of Units

-

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

Min. Franchise Fee

$20,000

Royalty Fee

4.0%
Gross Sales

Ad Fund Fee

0.5%
Gross Sales

Why 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.

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.

Initial Investment

$290,000 - $720,000

Min. Liquid Capital

$20,000

Net Worth Required

$100,000

Benefits

  • Training and Support
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