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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% brand fund + $150-$175/mo FAP + $137-$177/mo technology fee
Franchise Stats
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 to Other Specialty Retail Franchises
Key Insights
- Higher than average SBA loan default rate in Specialty Retail
| Franchise | Investment Range | Franchise 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Primarily franchise transfer refusals, terminations, and disputes over franchise agreement forms.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a FAST-FIX JEWELRY AND WATCH REPAIRS franchise?
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.
How much revenue does a FAST-FIX JEWELRY AND WATCH REPAIRS franchise make?
According to the 2025 FDD, the average gross revenue for a FAST-FIX JEWELRY AND WATCH REPAIRS franchise is $535,947.4. The median revenue is $482,773.94.
How many FAST-FIX JEWELRY AND WATCH REPAIRS franchise locations are there?
As of the 2025 FDD, FAST-FIX JEWELRY AND WATCH REPAIRS has 112 franchise locations. The company has been franchising since 1986.
Can you get an SBA loan for a FAST-FIX JEWELRY AND WATCH REPAIRS franchise?
Yes, SBA loans are available for FAST-FIX JEWELRY AND WATCH REPAIRS franchises. Historical data shows 2 SBA 7(a) loans have been approved for FAST-FIX JEWELRY AND WATCH REPAIRS franchisees, with an average loan amount of $810,500. The historical default rate is 0.0%.
Is FAST-FIX JEWELRY AND WATCH REPAIRS a good franchise to buy?
FAST-FIX JEWELRY AND WATCH REPAIRS shows several positive indicators: established brand with 112+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in FAST-FIX JEWELRY AND WATCH REPAIRS?
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