Start-Up Costs and Fees |
||
| Hannoush Jewelers | Foot Solutions | |
| Investment | 291000 - 717000 | 69500 - 242000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1980 | 2000 |
| Year Franchised | 1995 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hannoush Jewelers | Foot Solutions | |
| Experience | General business experience | |
Financing Options |
||
| Hannoush Jewelers | Foot Solutions | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | Yes | No |
| Payroll | No | No |
Training & Support |
||
| Hannoush Jewelers | Foot Solutions | |
| Training | Classroom and hands-on training | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising | Co-op advertising, Ad slicks, National media, 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) | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Hannoush Jewelers | Foot Solutions | |
| US Expansion | 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, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Franchise Fee | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Royalty Fee | |
| Hannoush Jewelers | 4% |
| Foot Solutions | 5% |
| Advertising Fee | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Year Founded | |
| Hannoush Jewelers | 1980 |
| Foot Solutions | 2000 |
| Year Franchised | |
| Hannoush Jewelers | 1995 |
| Foot Solutions | 2000 |
| Term Of Agreement | |
| Hannoush Jewelers | 10 years |
| Foot Solutions | 20 years |
| Renewal Fee | |
| Hannoush Jewelers | |
| Foot Solutions | |
Business Experience Requirements |
|
| Experience | |
| Hannoush Jewelers | |
| Foot Solutions | General business experience |
Financing Options |
|
| Franchise Fees | |
| Hannoush Jewelers | No |
| Foot Solutions | No |
| Start-up Costs | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Equipment | |
| Hannoush Jewelers} | |
| Foot Solutions | |
| Inventory | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Receivables | |
| Hannoush Jewelers | |
| Foot Solutions | |
| Payroll | |
| Hannoush Jewelers | |
| Foot Solutions | |
Training & Support |
|
| Training | |
| Hannoush Jewelers | |
| Foot Solutions | Classroom and hands-on training |
| Support | |
| Hannoush Jewelers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Foot Solutions | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Hannoush Jewelers | Co-op advertising |
| Foot Solutions | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Hannoush Jewelers | 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) |
| Foot Solutions | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Hannoush Jewelers | 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, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Foot Solutions | |
| Canada Expansion | |
| Hannoush Jewelers | |
| Foot Solutions | |
| International Expansion | |
| Hannoush Jewelers | |
| Foot Solutions | |