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| Fast-Fix Jewelry and Watch Repairs 1300 NW 17th Ave., # 170 Delray Beach, FL 33445 |
Submit an online form to receive information from Fast-Fix Jewelry and Watch Repairs.
• Coupons • Promotional Items • Franchise Owner Testimonials/Success Stories |
Business Description
With a 25-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
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
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
With a 25-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
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 157 | 98.1% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 3 | 1.9% | |||||||||||||||||||||||||||||
Total Operating Units: | 160 | 100.0% | |||||||||||||||||||||||||||||
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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: | $75K-125K |
| Total Investment: | $142,750-$307,750 |
| Average Total Investment: | $208K |
| Fees: | |
| Initial Franchise Fee: | $40K |
| Average Franchise Fee: | $40K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 250-850
Preferred Sites: Regional Mall
Other Sites:
Encourage Conversions? No
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 4 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| 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 | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. National Training Center in Delray Beach, FL | 10 Days | ||||||||
| 2. On-Site | 5 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Fast-Fix Jewelry and Watch Repairs.
• Coupons • Promotional Items • Franchise Owner Testimonials/Success Stories |
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