Start-Up Costs and Fees |
||
| Hannoush Jewelers | Whimsy | |
| Investment | 291000 - 717000 | 75000 - 180000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | N/A | |
| Year Founded | 1980 | 2003 |
| Year Franchised | 1995 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hannoush Jewelers | Whimsy | |
| Experience | ||
Financing Options |
||
| Hannoush Jewelers | Whimsy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | Yes | |
| Payroll | No | |
Training & Support |
||
| Hannoush Jewelers | Whimsy | |
| Training | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. | |
| 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 |
||
| Hannoush Jewelers | Whimsy | |
| 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, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hannoush Jewelers | |
| Whimsy | |
| Franchise Fee | |
| Hannoush Jewelers | |
| Whimsy | |
| Royalty Fee | |
| Hannoush Jewelers | 4% |
| Whimsy | 6% |
| Advertising Fee | |
| Hannoush Jewelers | |
| Whimsy | N/A |
| Year Founded | |
| Hannoush Jewelers | 1980 |
| Whimsy | 2003 |
| Year Franchised | |
| Hannoush Jewelers | 1995 |
| Whimsy | 2008 |
| Term Of Agreement | |
| Hannoush Jewelers | 10 years |
| Whimsy | 10 years |
| Renewal Fee | |
| Hannoush Jewelers | |
| Whimsy | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Hannoush Jewelers | |
| Whimsy | |
Financing Options |
|
| Franchise Fees | |
| Hannoush Jewelers | No |
| Whimsy | No |
| Start-up Costs | |
| Hannoush Jewelers | |
| Whimsy | |
| Equipment | |
| Hannoush Jewelers} | |
| Whimsy | |
| Inventory | |
| Hannoush Jewelers | |
| Whimsy | |
| Receivables | |
| Hannoush Jewelers | |
| Whimsy | |
| Payroll | |
| Hannoush Jewelers | |
| Whimsy | |
Training & Support |
|
| Training | |
| Hannoush Jewelers | |
| Whimsy | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| Support | |
| Hannoush Jewelers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Whimsy | |
| Marketing | |
| Hannoush Jewelers | Co-op advertising |
| Whimsy | |
| 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) |
| Whimsy | |
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, |
| Whimsy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Hannoush Jewelers | |
| Whimsy | |
| International Expansion | |
| Hannoush Jewelers | |
| Whimsy | |