Fast-Fix Jewelry And Watch Repairs® Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Fast-Fix Jewelry and Watch Repairs is a retail-service franchise providing on-site jewelry and watch repair, battery, and sizing services from mall storefronts. Franchisees run a shop managing bench technicians, customer intake, and repairs.
FranchiseVerdict summary · 2026
A FAST-FIX JEWELRY AND WATCH REPAIRS® franchise requires a total initial investment of $178K – $363K, including a $20K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $178K – $363K
- 74th pct Home Services
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 15th pct Home Services
- Units
- 116
- 62nd pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $178K – $363K including a $20K franchise fee, 6.0% ongoing royalty.
- RETURNSItem 8: Total revenue during the fiscal year ended December 31, 2024 was $5,794,601, of which $108,185 (1.9%) came from franchisee purchases/leases and supplier rebates. Audited financial statements (Exhibit F-1) are image-only in this text extract; balance sheet figures and auditor name could not be read.
- RISKVerdict B (Above average), verdict score 55/100 (higher is better).
- DECLINESystem 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
Corporate structure & franchisor financials
- Legal entity
- Jewelry Repair Enterprises, Inc.
- Parent company
- JRE Holdings, Inc.
- Ultimate parent
- DK-JRE, LLC
- CEO title
- Director, President and Treasurer
- Patrick A. Kuiper
- Incorporated in
- Pennsylvania
- HQ
- 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487
- Auditor
- Elliott Davis, LLC
- Audited financials
- Franchisor revenue
- $5.8M
- 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
- CEO
- Patrick A. Kuiper
- Headquarters
- Florida
- Founded
- 1984
- FDD year
- 2025
- States available
- 21
Can you afford it, and what does the money buy?
Entry cost runs 20% above the typical home services franchise.
Source: FDD 2025 · Items 5–7
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 | $142K | $307K |
| Total initial investment | $178K | $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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $178K – $363K
- Bottom third — review vs category
- Liquid capital req'd
- $15K – $36K
- Middle of category vs category
- Franchise fee
- $20K – $20K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · 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 | $177 |
| Transfer fee | $5K |
| Renewal fee | $10K |
| Inventory (initial) | $40K – $100K |
| Total fee load | 8.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FAST-FIX JEWELRY AND WATCH REPAIRS® did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one FAST-FIX JEWELRY AND WATCH REPAIRS® unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
28%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Item 8: Total revenue during the fiscal year ended December 31, 2024 was $5,794,601, of which $108,185 (1.9%) came from franchisee purchases/leases and supplier rebates. Audited financial statements (Exhibit F-1) are image-only in this text extract; balance sheet figures and auditor name could not be read.
- Item 19 type
- Gross Sales by format
- Sample size
- 110
- vs category median 32 · large
- Range (low → high)
- $123K→$1.6M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2025
- The FDD edition these figures were read from
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services average).
Disclosure
Item 19 reports Gross Sales by format rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System contracting at -8.9% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Fast-Fix Jewelry And Watch Repairs® Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 116
- Opened
- 1
- Last reporting year
- Closed
- 5
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 15.2%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 97%
- vs corporate-owned
- Net growth (3-yr)
- -8.9%
- Net unit change over 3 years
- 3-yr CAGR
- -8.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 5
- Closed (3yr)
- 9
- Terminated (3yr)
- 8
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 12
- Reacquired (3yr)
- 2
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 21 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
21
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
R&M Gadel v. JRE (2014, settled $175K); MVP Elite v. JRE (2014, settled $28,457); California Commissioner v. JRE (2015, $32K penalty for recordkeeping violations)
Largest disclosed settlement: $175,000
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: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 55 / 100 verdict
- 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
- 04MINORUnprotected territory creates direct competition risk between franchisees in same market
- 05MED6% royalty on gross sales (not net) further pressures already undisclosed profitability
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 3 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Broward County, Florida |
| Jury trial waiver | No |
| Governing law | Florida |
| Litigation count | 3 |
View Item 3 litigation summary
R&M Gadel v. JRE (2014, settled $175K); MVP Elite v. JRE (2014, settled $28,457); California Commissioner v. JRE (2015, $32K penalty for recordkeeping violations)
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 30 hrs
- Training location
- Designated training center (certain franchised Fast-Fix Service Centers) plus onsite at franchisee location
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee finds site; franchisor provides criteria and must approve site
- Franchisor financing
- Not offered
- Item 10
- POS system
- LightSpeed (ERP and POS system) with Ikeono
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: LightSpeed (ERP and POS system) with Ikeono
Item 20 · call current owners
Franchisee Contacts
116 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 $178K – $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?
FAST-FIX JEWELRY AND WATCH REPAIRS® does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the FAST-FIX JEWELRY AND WATCH REPAIRS® FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the FAST-FIX JEWELRY AND WATCH REPAIRS® FDD and qualifies whose outlets they describe.
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 B-grade franchise with a verdict score of 55 out of 100 (higher is better), 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.
For franchisors
Are you the franchisor?
If you represent FAST-FIX JEWELRY AND WATCH REPAIRS®, you can request corrections or provide updated information.
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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.