1980
40
$400,000
$35,000
$800,000
No
Hannoush Jewelers is a renowned name in fine jewelry and luxury retail across the United States, representing a legacy of craftsmanship, family values, and trust that spans decades. Established with a passion for creating timeless pieces and delivering exceptional customer experiences, Hannoush has grown into one of America’s most respected jewelry brands. Known for its dazzling engagement rings, wedding bands, and custom-designed jewelry, the brand has built a loyal customer base through its commitment to quality, integrity, and affordability.
As a franchise, Hannoush Jewelers combines the elegance of a luxury jewelry brand with the solid business model of a proven retail operation. Franchisees benefit from operating under a name synonymous with excellence in the jewelry industry, while offering customers a curated collection of diamonds, gold, watches, and bespoke pieces that appeal to both traditional and contemporary tastes.
With more than four decades of experience and numerous locations across the U.S., Hannoush Jewelers continues to thrive as a family-owned and operated brand. The franchise model allows passionate entrepreneurs to bring a touch of sparkle to their local communities while joining a trusted network of jewelers backed by exceptional training, marketing, and operational support.
Investing in a Hannoush Jewelers franchise means joining a brand that blends artistry with entrepreneurship. The jewelry industry remains one of the most stable luxury retail sectors, driven by consistent consumer demand for engagement rings, anniversaries, gifts, and self-expression through fine jewelry. Hannoush Jewelers stands out because of its unique combination of in-house design expertise, ethical sourcing, and personalized customer service.
Key reasons to invest include:
Proven Business Model: Over 40 years of success in the luxury retail jewelry market.
Trusted Brand Reputation: Hannoush is a well-known and respected name associated with quality craftsmanship and fair pricing.
High-Margin Product Category: Fine jewelry offers attractive gross margins and repeat business potential.
Comprehensive Support System: Franchisees receive ongoing training, marketing resources, and access to a trusted supply chain.
Family-Owned Values: A strong focus on honesty, transparency, and long-term relationships with customers and franchise partners.
Hannoush Jewelers was founded in 1980 by the Hannoush family, who brought decades of jewelry-making expertise from their Middle Eastern heritage to the United States. The company was built on the principles of trust, quality, and craftsmanship—values that continue to define its operations today.
Headquartered in West Springfield, Massachusetts, Hannoush Jewelers began as a single family-owned store and quickly expanded through a network of family-run and franchise locations across the country. By the late 1990s, the brand had established itself as one of the nation’s leading jewelry franchises, known for its personalized customer service and ability to design and repair jewelry in-house.
Today, Hannoush operates over 40 locations across the USA, with a mix of company-owned and franchised stores. The brand remains privately owned and operated by the Hannoush family, ensuring that each franchise maintains the same high standards and ethical practices that built the brand’s success.
Industry Category: Retail Jewelry / Luxury Goods / Specialty Retail
Current Market Presence: Strong presence in Northeastern and Midwestern U.S., expanding nationwide
Hannoush Jewelers provides comprehensive support to ensure every franchisee’s success from the very beginning. The company believes that proper guidance, training, and resources are key to maintaining brand consistency and delivering the premium experience customers expect.
Pre-Launch Support:
Site selection assistance and lease negotiation guidance
Store layout and design consultation
Help with vendor relationships, inventory setup, and store fixtures
Pre-opening marketing campaigns and local brand launch support
Operational Training:
Intensive multi-week training at the company’s headquarters in Massachusetts
On-site training during the first few weeks of store opening
Detailed operations manual covering customer service, merchandising, and product knowledge
Marketing Support:
National marketing initiatives, social media campaigns, and seasonal promotions
Access to professional photography, creative assets, and brand-approved advertising materials
Local marketing guidance to build community engagement and loyalty
Ongoing Support:
Continuous training updates for new jewelry trends and product lines
Periodic field visits and performance evaluations
Access to preferred vendor pricing and exclusive product lines
24/7 operational assistance from the corporate support team
With these resources, franchisees can confidently operate their stores knowing they have a trusted partner every step of the way.
Hannoush Jewelers seeks franchisees who are passionate about the jewelry industry, customer service, and business ownership. The ideal candidate is someone who values craftsmanship and is driven to build long-term relationships within their community.
Ideal Traits and Qualifications:
Background in retail, fashion, or customer-facing business preferred (not mandatory)
Strong communication and interpersonal skills
Interest in jewelry, luxury goods, and fine craftsmanship
Financial capability to meet investment requirements
Entrepreneurial mindset with a focus on quality and brand consistency
Desire to be actively involved in daily operations and community engagement
Preferred franchise locations include high-traffic shopping centers, upscale neighborhoods, and malls in metropolitan and suburban markets across the USA.
The Hannoush Jewelers franchise offers an accessible investment opportunity within the luxury retail segment. Actual costs vary by location, store size, and market, but below is a general financial overview based on available industry data and typical franchise structures:
| Expense Category | Estimated Cost (USD) |
|---|---|
| Initial Franchise Fee | $35,000 – $50,000 |
| Total Initial Investment | $400,000 – $800,000 |
| Minimum Liquid Capital Required | $150,000 – $250,000 |
| Royalty Fee | 5% of gross sales |
| Marketing/Advertising Fee | 1% – 2% of gross sales |
| Working Capital | $50,000 – $100,000 |
| Expected ROI | 18% – 25% annually |
| Estimated Break-Even Time | 18 – 36 months |
| Franchise Units (Approx.) | 40+ (U.S. locations) |
Revenue streams for franchisees typically include jewelry sales, custom design services, repairs, and watch sales. The brand’s focus on repeat customers and special occasion purchases ensures stable long-term growth potential.