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Fast-Fix Jewelry Repairs Franchise

While-you-watch jewelry and watch repairs

Growing up in the jewelry business, Mark Goldstein realized the need for fast, quality jewelry and watch repair. He started Fast-Fix Jewelry Repairs in 1984 in a Pittsburgh mall. The store focused on quick service and performed most repairs immediately, so customers did not have to wait days for repairs to be completed. The store was open every day of the week, and the jewelers did the work right in front of the public. In 1987, Fast-fix began franchising.

Fast-fix concentrates exclusively on jewelry and watch repair. Services include ring resizing, watch battery replacement, necklace and bracelet repair, engraving and pearl restringing. Stores also sell gift items, engravable goods and accessory jewelry.

Please Note: The operators of Fast-Fix Jewelry Repairs, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Fast-Fix Jewelry Repairs website.

Start-up Costs & Franchise Fees

How much does it cost to open a Fast-Fix Jewelry Repairs franchise?

Total Investment: $123,000-$250,000
Initial Franchise Fee: $35,000
Royalty Fee: 5%
Advertising Fee:
Term of Agreement: 10 years
Renewal Fee: $15K

How to contact Fast-Fix Jewelry Repairs

Fast-Fix Jewelry Repairs News

Fast-fix: The Biggest Jewelry And Watch Repair Franchise In The World And A Distinguished Franchise
Fast-fix franchise is the world's largest jewelry and watch repair franchise in the world! Created in 1987, nowadays it counts more than 160 stores in the US and Canada mostly located in malls and more locations should open in the world, particularly in Europe. In over 2 decades, fast-fix has ea... more

Fast-fix: A Franchise Opportunity To ‘watch'
As consumers nationwide are cutting back on frivolous spending in favor of the basics, retailers are taking a hit at the cash register. But for those like FAST-FIX, the world's largest franchise of jewelry and watch repair services, the weakened economy is offering a tremendous franchise opportu... more

Jewelry Repair Enterprises Opens Fast-fix Stores In California, Florida, Illinois
Jewelry Repair Enterprises Inc. (JRE), the Delray Beach, Fla.-based franchisor of FAST-FIX JEWELRY REPAIRS®, today announced the opening of FAST-FIX stores in California, Florida and Illinois. Franchisees have opened FAST-FIX stores in Westminster Mall in Westminster, Calif.; Northridge Fashion ... more

Jewelry Repair Enterprises Announces Plans For Opening Of Fast-fix Store In Queens Center Mall In Elmhurst, N.y.
Jewelry Repair Enterprises Inc. (JRE), the Delray Beach, Fla.-based franchisor of FAST-FIX JEWELRY REPAIRS®, today announced plans for the opening of a FAST-FIX store in Queens Center Mall in Elmhurst, New York. The store will open in the fall following a major expansion of the mall. The company... more

View all Fast-Fix Jewelry Repairs Press Releases

Franchise History

When did the first Fast-Fix Jewelry Repairs open? 1984
When did Fast-Fix Jewelry Repairs start franchising? 1987

Year	U.S.A.	Canada	International	Corporate
2005	138	2	0	1
2004	129	0	0	1
2003	126	0	0	0
2002	119	0	0	0
2001	119	0	0	0

Expansion Plans

International: Canada,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Third Party Financing Source(s): SBA lenders & leasing companies

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Ad slicks

Business Operations

International franchisees required to buy multiple units/master licenses; 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)

Qualifications & Business Experience

Business Experience:

General business experience

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