Sign up for our newsletter and receive a free copy of the first chapter of Bond's Franchise Guide.
FAST-FIX JEWELRY AND WATCH REPAIRS
With a 27-year track record, FAST-FIX JEWELRY AND WATCH REPAIRS is the #1 national chain of dedicated jewelry and watch repair stores with more than 160 franchised locations operating in the United States and Canada. FAST-FIX stores operate only in major regional malls that afford customers "while-they-shop" jewelry and watch repair service. Prior jewelry experience is not necessary. Our full training program at FAST-FIX University along with our support system that includes national conventions and regional marketing meetings will motivate you and prepare you to operate your FAST-FIX store.
Franchisor Background
Year Established:
1984
Franchising Since:
1987
IFA Member
CFA Member
Operating Units:
Franchised Units:
164
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
164
100%
Geographic Distribution:
U.S.:
161
97%
In 27 States
Canada:
2
1.2%
In 2 Canadian Provinces
International:
3
1.8%
In 3 Foreign Countries
______
_____
Total:
166
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
39
2. Florida
24
3. Texas
17
Registered in Following Registration States:
California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$250K
Cash Investment:
$100K
Total Investment:
$166-308K
Average Total Investment:
$237K
Fees:
Initial Franchise Fee:
$40K
Average Franchise Fee:
$40K
On-Going Royalty:
6%
Average Royalty:
6%
Advertising Fee:
2%
Average Number of Employees:
3 Full-time, 2 Part-time
Space Needs (in square footage):
250-850
Preferred Sites:
Regional Mall
Other Sites:
Encourage Conversions?
No
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
18
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
No
National Advertising:
No
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Promotional Items, Site Signs
