FAST-FIX JEWELRY AND WATCH REPAIRS
Jewelry Repair Enterprises, Inc. franchises FAST-FIX JEWELRY AND WATCH REPAIRS, retail stores offering quick 'while you shop' jewelry and watch repair services such as ring sizing, chain repair, engraving, battery replacement, and custom design, along with sales of jewelry, watches, gifts, and related products. These Service Centers operate as kiosks or inline stores in high-traffic venues like regional shopping malls, targeting convenience-oriented shoppers seeking on-site repairs and retail items. The business model focuses on franchising this specialized system developed since 1984, with no company-owned locations.
Franchise Costs
6% royalty + 2% brand fund + $150-$175/mo FAP + $137-$177/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 110 Qualifying Outlets (Franchised Outlets, excluding Store-In-Stores) open for the full 2024 Measuring Year, composed of 101 Inline Stores and 9 Kiosks.
* Calculated weighted average gross revenue: (101 Inline Stores × $553,663 + 9 Kiosks × $337,139) / 110 total units = $535,947.40. Calculated weighted median gross revenue: (101 Inline Stores × $500,712 + 9 Kiosks × $281,469) / 110 total units = $482,773.94. Profit/expense data is explicitly stated as not included in this Financial Performance Representation.
Extracted Item 19 Section
How FAST-FIX JEWELRY AND WATCH REPAIRS Compares
Key Insights
- Higher than average SBA loan default rate in Specialty Retail
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
FAST-FIX JEWELRY AND WATCH REPAIRS Current | $115K – $363K | $20K | 6.0% | 112 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+9 more states
SBA Loan History
Historical SBA 7(a) loan data for FAST-FIX JEWELRY AND WATCH REPAIRS franchisees (2015 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
365 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
365 Contacts Available
Unlock all FAST-FIX JEWELRY AND WATCH REPAIRS franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily franchise transfer refusals, terminations, and disputes over franchise agreement forms.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a FAST-FIX JEWELRY AND WATCH REPAIRS franchise ranges from $114,700 to $362,500. This includes a franchise fee of $20,000. Ongoing royalty fees are 6.0% of gross sales.
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