MODE vs Hannoush Jewelers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MODE vs Hannoush Jewelers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  MODE Hannoush Jewelers
Investment 171000 - 999999 291000 - 717000
Franchise Fee 0
Royalty Fee 6% 4%
Advertising Fee 1%
Year Founded 2007 1980
Year Franchised 2011 1995
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  MODE Hannoush Jewelers
Experience

Financing Options
  MODE Hannoush Jewelers
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables Yes
Payroll No

Training & Support
  MODE Hannoush Jewelers
Training Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.
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
  MODE Hannoush Jewelers
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
MODE
Hannoush Jewelers
Franchise Fee
MODE
Hannoush Jewelers
Royalty Fee
MODE 6%
Hannoush Jewelers 4%
Advertising Fee
MODE 1%
Hannoush Jewelers
Year Founded
MODE 2007
Hannoush Jewelers 1980
Year Franchised
MODE 2011
Hannoush Jewelers 1995
Term Of Agreement
MODE
Hannoush Jewelers 10 years
Renewal Fee
MODE
Hannoush Jewelers


Business Experience Requirements
Experience
MODE
Hannoush Jewelers

Financing Options
 
Franchise Fees
MODE
Hannoush Jewelers
Start-up Costs
MODE
Hannoush Jewelers
Equipment
MODE}
Hannoush Jewelers
Inventory
MODE
Hannoush Jewelers
Receivables
MODE
Hannoush Jewelers
Payroll
MODE
Hannoush Jewelers

Training & Support
Training
MODE Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.
Hannoush Jewelers
Support
MODE
Hannoush Jewelers Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing
MODE
Hannoush Jewelers Co-op advertising
Operations
MODE
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)

Expansion Plans
US Expansion
MODE
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,
Canada Expansion
MODE
Hannoush Jewelers
International Expansion
MODE
Hannoush Jewelers