Fast-Fix Jewelry and Watch Repairs
Jewelry Repair Enterprises, Inc.
Company Information
1515 S. Federal Highway, Suite 412 Boca Raton, Florida 33432
Jewelry Repair Enterprises, Inc. is Pennsylvania corporation that was incorporated on October 14, 1986. Their principal place of business is located at 1515 S. Federal Highway, Suite 412, Boca Raton, Florida 33432. They have offered franchises since October 14, 1986.
Since October 14,1986, we have offered franchises for the operation of a business specializing in jewelry and watch repair and retail jewelry sales (each a "FAST-FIX Service Center") utilizing our proprietary methodology for operating a FAST-FIX Service Center, including specific standards and procedures and the Marks (defined in Item 13), all of which may be improved, further developed, or otherwise modified (the "System") We initiated the concept in 1984 with a single FAST-FIX Service Center located in an enclosed shopping mall in Pittsburgh, Pennsylvania We have no business other than offering franchises and assisting franchisees Neither our affiliates nor we have offered franchises in any other line of business We do not conduct business under any other name FAST FIX 0419 47300034 6 FAST-FIX Service Centers specialize in offering a wide range of “while you shop" services including ring sizing, chain repair and replacement, remounting, engraving, eyeglass frame repair, watch and electronic device repair, and battery replacement as well as custom jewelry design and select gift, jewelry and watch retail product opportunities These services and products are sold from kiosks or in-line stores in major regional shopping malls and other high traffic venues We are also granting franchises for FASTFIX Service Centers located in retail stores such as Walmart and Meijer We call these Store-in-Store locations
1 Directors with Prior Bankruptcies
4 Ongoing Lawsuits
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Franchise Rating
Franchimp Summary Rating
6/10
Earning Transparency
7/10
Franchise Attrition
2/10
Investment Accessibility
10/10
Summary of potential earnings
$310,846 / unit
Average Revenue During 2020Clothing & Accessories
Franchise System Development
| Year | Units at Start of Year | Units Opened | Units Terminated | Non-Renewals | Re-Acquired by Franchisor | Ceased Operations | Units at End of Year |
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Distribution of Fast-Fix Jewelry and Watch Repairs Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $20,412 Maximum: $23,231
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $115,111 Maximum: $222,931
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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