Fast-Fix Jewelry And Watch Repairs®Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A FAST-FIX JEWELRY AND WATCH REPAIRS® franchise requires a total initial investment of $115K – $363K, including a $20K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $554K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $115K – $363K
- 39th pct Home Services
- Avg gross sales
- $554K
- 18th pct Home Services
- Royalty
- 6.0%
- 13th pct Home Services
- Units
- 116
- 55th pct Home Services
- SBA default
- N/A
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1986. Systems this mature have refined operations and brand recognition.
Bottom line
- Total investment $115K – $363K including a $20K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $554K/year (median $501K).
- Verdict A (Top Quintile) with a risk score of 47/100.
- System contracting at -8.9% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Jewelry Repair Enterprises, Inc.
- Parent company
- JRE Holdings, Inc.
- Ultimate parent
- DK-JRE, LLC
- Incorporated in
- PA
- HQ
- 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487
- Auditor
- Elliott Davis, LLC
- Audited financials
- Franchisor revenue
- $7.0M
- vs $6.1M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- JRE Franchising
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Fast-Fix Jewelry and Watch Repairs franchisees operate retail service centers offering jewelry repair, watch servicing, sizing, polishing, and restoration. Day-to-day operations include customer intake, diagnostics, bench work or outsourcing to repair technicians, quality control, inventory management of parts and supplies, and point-of-sale transactions. Success depends on technical expertise, customer service, local marketing, and managing labor costs in a service-based model.
- CEO
- Patrick A. Kuiper
- Headquarters
- FL
- Founded
- 1984
- FDD year
- 2025
- States available
- 21
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $20K | $20K |
| Working capital (3–6 mo) | $15K | $36K |
| Equipment, build-out, other | $79K | $307K |
| Total initial investment | $115K | $363K |
Source: FAST-FIX JEWELRY AND WATCH REPAIRS® 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$61K
11.0% margin
Unlevered ROIC
23%
EBITDA / total invested capital
Payback
4.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $115K – $363K
- Better than avg vs category
- Liquid capital req'd
- $15K – $36K
- Better than avg vs category
- Franchise fee
- $20K – $20K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $137 |
| Training fee | $8K |
| Transfer fee | $5K |
| Renewal fee | $10K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $554K
- Per unit, per year
- Median gross sales
- $501K
- Item 19 type
- gross_sales
- Sample size
- 110 units
- vs category median 25 · large
- Range (low → high)
- $123K→$1.6M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 349 Home Services brands
vs Home Services averages
How Fast-Fix Jewelry And Watch Repairs® Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 116
- Opened
- 1
- Last reporting year
- Closed
- 6
- Turnover rate
- 5.2%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 97%
- vs corporate-owned
- Net growth (yr3)
- -4.3%
- Net unit change last year
- 3-yr CAGR
- -8.9%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 7
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 2
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- California
- Illinois
- Indiana
- Michigan
- North Dakota
- Rhode Island
- South Dakota
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Declining franchise system with litigation history, regulatory penalties, shrinking unit count, and unprotected territories presents meaningful operational and financial risks despite moderate initial investment.
Litigation (Item 3)
5 case reference(s): 0 pending, 4 settled.
Largest disclosed settlement: $200,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Elliott Davis, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 47 / 100 rating
- 01MINORDeclining unit count (-4.3% YoY with 116 units suggests system contraction and potential franchisee attrition)
- 02HIGHThree litigation cases including $175,000 settlement for transfer/termination disputes indicating franchisee relationship problems
- 03MINORCalifornia regulatory citation for record-keeping failures ($32,000 penalty) raises compliance and transparency concerns
- 04MINORNo Item 19 (average net income) disclosure prevents validation of $553,663 average revenue claim and ROI assessment
- 05MINORUnprotected territory creates direct competition risk between franchisees in same market
- 06MINORHigh initial investment range ($114,700–$362,500) paired with declining unit growth signals poor unit economics or market saturation
- 07MED6% royalty on gross sales (not net) further pressures already undisclosed profitability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 3 |
| Territory type | Location-based |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 10 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 3 |
View Item 3 litigation summary
5 case reference(s): 0 pending, 4 settled.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 30 hrs
- Training location
- On-site and corporate
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
- POS system
- LightSpeed
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: LightSpeed
Item 20 · call current owners
Franchisee Contacts
99 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FAST-FIX JEWELRY AND WATCH REPAIRS® · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FAST-FIX JEWELRY AND WATCH REPAIRS® franchise?
The total investment to open a FAST-FIX JEWELRY AND WATCH REPAIRS® franchise ranges from $115K – $363K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FAST-FIX JEWELRY AND WATCH REPAIRS® franchise owners earn?
According to Item 19 of the FAST-FIX JEWELRY AND WATCH REPAIRS® FDD, the average gross sales per unit is $554K. The median is $501K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is FAST-FIX JEWELRY AND WATCH REPAIRS®'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for FAST-FIX JEWELRY AND WATCH REPAIRS® (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many FAST-FIX JEWELRY AND WATCH REPAIRS® franchise locations are there?
As of their most recent FDD filing, FAST-FIX JEWELRY AND WATCH REPAIRS® has 116 total units in the United States, including 112 franchised units and 4 company-owned units. 1 new units were opened in the latest reporting year.
Is FAST-FIX JEWELRY AND WATCH REPAIRS® a good franchise to buy?
FranchiseVerdict rates FAST-FIX JEWELRY AND WATCH REPAIRS® as a A-grade franchise with a risk score of 47 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.