Fast-Fix Jewelry and Watch Repairs
Yes, we actively support the inclusion and development of minority-owned franchises in the Fast-Fix Jewelry and Watch Repairs system.
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: franchise@fastfix.com
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: 145
Company-Owned Units: 0
Total Units: 145
Distribution:
> North America -- Operations in 23 States, PR
> States/Provinces with Greatest Density: 19 in FL, 19 in CA, 16 in TX
Units Owned by Minorities:
>African-American: 2
>Hispanic: 12
>Asian-American: 10
>Native American: 0
>Other:
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 150-850 SF; RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $40-60K
Total Investment: $113-200K
Average Total Investment: $150K
Minimum Net Worth: $NA
Fees
>Franchise: $30K
>Average Franchise Fee: $30K
>Royalty: 5%
>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
Cooperative Advertising: NA
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 9
On-Going Support: B,C,D,E,G,H,I (for an explanation click here)
Training: 8 Days at National Training Center in Dallas and On-Site Training.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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