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FAST-FIX JEWELRY AND WATCH REPAIRS

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.

112locations
$115K–$363K
Since 1986
RetailBoca Raton, FLJRE Holdings, Inc. (direct parent) and DK-JRE, LLC (indirect parent)www.fastfix.comDisclaimer

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Franchise Costs

Franchise Fee
$20,000
Initial Investment
$114,700 – $362,500
Royalty Rate
6.00%
Brand Fund
2.00%
Fixed Monthly Fees
$287 – $352

6% royalty + 2% brand fund + $150-$175/mo FAP + $137-$177/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$535,947.4
Median Gross Revenue
$482,773.94

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

Avg. Revenue: $535,947

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FAST-FIX JEWELRY AND WATCH REPAIRS Franchise Analysis

Picture slipping into a bustling mall where a compact kiosk zips through jewelry fixes while shoppers wait—no appointments, no hassle. FAST-FIX Jewelry and Watch Repairs has honed this 'while-you-shop' niche since 1984, turning quick ring sizings and battery swaps into a franchised empire of convenience. Item 19 lays bare revenue snapshots from existing units, but with a recent dip in locations, does this resilient model still sparkle for investors?

Item 7 in the 2025 FDD pegs total investment at $114,700-$362,500, covering kiosk builds in high-traffic malls, with a $20,000 franchise fee. Ongoing fees bite at 6% royalty plus 2% brand fund, plus $150-$175 monthly for the franchise access program and $137-$177 for tech—stacking to about 8% of sales plus fixed costs. Item 19 shines here: average gross revenue hit $535,947 across units, median $482,774, signaling solid performers buoyed by impulse buys in jewelry sales alongside repairs. Yet median lags average, hinting a few high-flyers skew the top line while many hover mid-pack.

System maturity shows in 112 franchise locations plus 4 corporate, but growth reversed from 117 units in 2023 to 112 in 2024—a 4% contraction—with just 1 termination and 1 projected new unit. Only 2 SBA loans on record average $810,500, suggesting buyers lean bank-heavy for these mid-investment plays. Litigation centers on transfer snags and agreement tussles, not systemic woes. For mall-savvy buyers eyeing steady foot traffic over explosive scaling, these figures paint a low-drama, revenue-reliable bet—but probe FDD Items 20/21 for transfer trends and validate local mall leases to gauge if convenience still trumps e-commerce rivals.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How FAST-FIX JEWELRY AND WATCH REPAIRS Compares

Key Insights

  • Higher than average SBA loan default rate in Specialty Retail
FranchiseInvestmentFeeRoyaltyLocations
FAST-FIX JEWELRY AND WATCH REPAIRS
Current
$115K – $363K$20K6.0%112
MERLE NORMAN COSMETICS$48K – $260KN/AN/A797
CORNWELL$80K – $324KN/AN/A793
BATTERIES PLUS$285K – $537K$50K5.0%601
PET SUPPLIES PLUS$537K – $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K – $379K$40K4.0%340
Specialty Retail Average
47 franchises
$284K – $703K$39K5.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 47 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

Top States
1CA
39
2FL
20
3TX
11
4AZ
6
5GA
5
6TN
4
7VA
3
8KY
3
9NY
3
10PA
3
11MD
2
12IL
2
13CO
2
14SC
2
15WA
1

+9 more states

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SBA Loan History


Historical SBA 7(a) loan data for FAST-FIX JEWELRY AND WATCH REPAIRS franchisees (20152025)

Total Loans
2
Average Loan
$810,500
Total Volume
$1.6M
Default Rate
0.0%

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.

2 SBA loans on record

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Franchisee Contacts

365 franchisee contacts on file from official FDD filings.

365 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases2

Primarily franchise transfer refusals, terminations, and disputes over franchise agreement forms.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
0
Ceased Ops
5
Transfers
0
Sold to Franchisees
1
Projected New
1

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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.