Fast-Fix Jewelry and Watch Repairs
Fast-Fix Jewelry and Watch Repairs
1300 NW 17th Ave., # 170
Delray Beach, FL 33445
800#: (800) 359-0407
Tel: (561) 330-6060
Fax: (561) 330-6062
E-Mail: [email protected]
Web Site: www.fastfix.com
Contact: Mr. Mark Goldstein, VP Franchise Development
FAST-FIX JEWELRY AND WATCH REPAIRS � is a proven business with a 20-year track record in the multi-billion dollar jewelry and watch repair industry. No experience necessary. Full training. FAST-FIX stores operate only in major regional malls, which guarantee high visibility and traffic. Most repairs can be completed within an hour while customers watch or enjoy shopping. FAST-FIX JEWELRY AND WATCH REPAIRS� has more than 135 franchise locations nationwide.
Franchisor Background
Established: 1984
First Franchise: 1987
Franchise Units: 140
Company-Owned Units: 0
Total Units: 140
Distribution:
U.S. -- 138;
Canada -- 2;
International -- 0
-North America -- Operations in 23 States, PR
-States/Provinces with Greatest Density: 19 in FL, 19 in CA, 16 in TX
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 3, 5, 1, 1, 1, 4
(Click here for an explanation)
Registered in Following Registration States: CA,DC, FL,IL,MD,MI,MN,NY,OR,RI,VA,WA,WI (Click here for an explanation)
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 150-850 SF; RM
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $40-60K
Total Investment: $113-200K
Average Total Investment: $150.0K
Minimum Net Worth: $NA
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: NA
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 9
On-Going Support: B,C,D,E,G,H,I (Click here for an explanation)
Training: 8 Days at National Training Center in Dallas and On-Site Training.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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