Fast-Fix Jewelry & Watch Repairs

At a Glance

Products & Services: Jewelry and watch repairs

Number of Locations: 154

Total Investment: $185.9K - $358.4K

Founded: 1984

Began Franchising: 1987

About Fast-Fix Jewelry & Watch Repairs

Fast-Fix opened its first store in Pittsburgh, Pennsylvania in 1984, offering a wide range of "while you shop" repair services. Soon thereafter, the company began franchising domestically, with the first franchise store opening in Dallas, Texas.

Franchise Units

Year U.S. Canadian International Company Owned
2013 148 0 4 2
2012 148 2 4 1
2011 147 2 3 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $185,888 - $358,419
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 50% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000 - $75,000
33% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

How This Franchise Supports Franchisees

Training: Available at headquarters: 10 days. At franchisee's location: 3 days at opening. Annual convention
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks,
Other marketing support: Opening marketing support, ongoing marketing programs, in-store graphics & promotional pieces available

Franchise Ranking History

Franchise 500®: #452 (2014), #422 (2013), #378 (2012), #240 (2011),
America's Top Global: #186 (2011),