Fast-Fix Jewelry And Watch Repairs® Kiosk Franchise Cost & 2025 FDD Data
60/100
Second tier
60 this brand54 Retail medianlikely 45–75: narrower with more SBA loans (low confidence)
Higher is better · an editorial assessment, not investment advice
#1,045 of 3,068 graded brands
Why a B: Helped by scale and transparency. Held back by financial health and unit growth. See all six factors
- Total investment
- $115K – $228K
- Avg gross sales
- $337K
- 9 Kiosk outlets; not profit
- SBA charge-off
- Not SBA-matched
Data from the FDD filing. Analysis by FranchiseVerdict · Methodology · Website · Report an error · Franchisor? Claim this listing
FranchiseVerdict summary · 2025 FDD
Per the 2025 FDD, a Fast-Fix Jewelry And Watch Repairs® Kiosk franchise requires a total initial investment of $115K – $228K, including a $20K franchise fee. Once open, the ongoing royalty is 6.0%. Per the 2025 FDD, average gross sales were $337K (Item 19: 9 Kiosk outlets; gross sales, not profit). Verdict grade: B (Second tier), an editorial assessment, not investment advice.
Sources: 2025 FDD · What one unit could make and lose →
Sources, dates and evidence
FDD issued: · Last cited check: · Staleness risk: medium (issued 12 to 24 months ago; a newer filing is likely on file)
Evidence for the headline figures: partial✓ Investment (Item 7)✓ Item 19 status✗ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
Quick verdict · vs Retail median
Top edge: green = better than the Retail median by more than 10%, red = worse by more than 10%, gray = within 10% or no benchmark. Source: FDD filings + SBA 7(a).
Data from public FDD filings and SBA records. Methodology
Bottom line
- RETURNSAverage gross sales of $337K/year (Item 19: 9 Kiosk outlets; gross sales, not profit).
- GROWTHIn the latest Item 20 year, the number of franchised outlets fell by 4 (1 opened, 5 closed).
AT STAKEOne unit at the Item 7 midpoint: $22K a year in payments on assumed SBA 7(a)-style terms.You put in about $34K of your own cash and personally guarantee a $137K loan. Assumptions are labeled in Sales; not investment advice.See what one unit could make and lose
Things to check before you sign (3)
- The franchisor keeps the right to compete inside your territory (Item 12, territory).
- The franchisor receives rebates or payments from suppliers you buy from (Item 8, required suppliers).
- An owner must run the business personally (Item 15, owner participation). Ask whether a trained manager can ever stand in.
Checked and clear: no auditor doubt that the franchisor can keep operating, no pending lawsuit naming the franchisor, no jury-trial waiver and the full filing on file, and an Item 19 average from 9 units. Not on file here, so ask: unit trend and SBA charge-off rate against the category median.
What to do next
Step 1: Read the FDD itself.
Free: the franchisor must give it to you at least 14 days before you sign or pay. Or look it up in a state registry (Wisconsin, Minnesota, California). What to read first.
Step 2: Talk to current and former owners.
Free: Item 20 of the FDD lists every current owner and those who left last year, most with a phone number. Questions to ask.
Step 3: Talk to an SBA lender.
Free: the SBA's Lender Match. Ask what you would personally guarantee and what the monthly payment would be. If you plan to use retirement savings, ask a CPA about the rules for that first.
Step 4: Have a franchise attorney review the FDD and agreement.
Free: your state bar's lawyer referral service can name franchise lawyers, and many offer a short first consultation. Bring the checks listed above.
Research steps, not investment or legal advice.
Can you afford it, and what does the money buy?
Entry cost (the Item 7 midpoint) is 45% below the Retail median ($309K).
Source: FDD 2025 · Items 5–7 (fees and startup costs)
Do you qualify? The filing states no minimum net worth or liquid capital. Ask Jewelry Repair Enterprises, Inc. (Item 1: 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487) and your lender what they require, and keep living costs for the first year outside the deal.
Full Item 7 breakdown12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $20K | $20K | |
| Initial Training Expenses | $2K | $4K | |
| Lease Deposit | $0 | $25K | |
| Rent 4 (3 months) | $5K | $18K | |
| Construction & Development | $15K | $55K | |
| POS System | $2K | $5K | |
| Fixtures, Inventory & Equipment | $45K | $60K | |
| Preopening Advertising | $4K | $6K | |
| Utility Deposits | $300 | $400 | |
| Professional Fees/ Licenses/ Permits | $4K | $6K | |
| Insurance Premium (3 months) | $2K | $2.5K | |
| Additional Funds 8 (3 months) | $15.4K | $25.6K | |
| Total initial investment | $115K | $228K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. The total row is the total as printed in Item 7. Actual costs may fall outside this range depending on market and build-out scope.
Item 6 · what you pay once you are open
Ongoing fees
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% |
Technology feeThe filing's detail$137/month for 1 POS station or $177/month for 2 POS stations (currently). Cap of $2,000/month. We collect and remit entire amount to POS licensor. Plus $150/month Ikeono license. | $177/month |
| Transfer fee | $5,000 |
| Renewal fee | $10,000 |
| Total fee loadabove the Retail median of 7.0% (heavy) | 8.0% of sales |
What do units actually make?
Average gross sales are 59% below the Retail median ($814K).
Source: FDD 2025 · Item 19 (sales and earnings)
Items 6 (other fees), 7 (startup costs) and 19 (sales and earnings) · assumptions labeled
What you could make and lose: one unit
What one Fast-Fix Jewelry And Watch Repairs® Kiosk unit would ask of you, from the filing's Item 7 total and labeled assumptions.
Average gross sales are $337K (FDD p.32), and the royalty and ad fund take about $27K of that a year (Item 6). This brand's Item 19 does not print cost lines. Enter your own from a lease quote, a payroll plan and calls with current owners. So this box does not estimate a profit. To cover the loan payment alone, one unit has to clear $22K a year after its food, labor, rent and other costs and the franchisor's fees.
How these figures are worked out
- Loan (assumption): 80% of the $171K Item 7 midpoint is a $137K loan, paid over 10 years at 10.5%: $22K a year. SBA 7(a)-style terms on a long-term rate; your lender sets yours.
What you put at risk
Your own cash in: about $34K Assumption (the part the loan does not cover of the $171K Item 7 midpoint), plus whatever anything Item 7 leaves out (its notes say what). The loan is $137K.
Personal guarantee. SBA 7(a) loans require a personal guarantee from anyone who owns 20% or more of the business. If the unit cannot pay, the lender can collect from you personally, which can include your savings and your home. The worst case is losing the cash you put in and still owing the rest of the loan.
Gross sales are not profit, and none of these figures is take-home pay until tax and every operating cost are paid. The assumptions are ours, not the filing's. Not investment advice.
Returns modelOne unit · several units · editable
One unit
One unit: what is left after the loan payment
Gross sales, minus the franchisor's fees and the operating costs, is the unit's EBITDA (earnings before interest, taxes, depreciation and amortization). Minus an assumed loan payment, that is what is left for you, before tax. Gross sales are not profit.
This brand's Item 19 does not print cost lines. Enter your own from a lease quote, a payroll plan and calls with current owners. Invested capital is the Item 7 total, which already includes its working-capital (additional funds) line.
Returns model · one unit
What would one Fast-Fix Jewelry And Watch Repairs® Kiosk unit leave you each year after the loan payment?
Item 19: $337,139 average for 9 outlets (Kiosk). Use a figure for outlets like yours if yours differ.
Gross sales, not profit: the costs below decide what is left.
The filing also sets a minimum or cap on these fees: “6% of monthly Gross Sales, subject to minimum royalty fee of $14,400 per 12-month period (beginning 13th month after opening)” (Item 6). This model applies the percentages, so at low sales the real fee can be higher than shown here.
Item 6, as stored, a year. A fixed fee, so it comes off EBITDA as dollars, not a share of sales.
This brand's Item 19 does not print cost lines. Enter your own from a lease quote, a payroll plan and calls with current owners.
Illustrative category typicals, not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Item 7 midpoint of $115K to $228K
Item 7's $15K to $26K additional funds are already in the total
Left after the loan payment · per year
The unit's EBITDA minus the assumed loan payment. Before tax, depreciation and any cost your inputs leave out (insurance, accounting and legal, licenses, technology fees): not take-home pay.
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies direct costs, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
Loan of $137K at 10.5% over 10 years, an assumption, not a quote. Return and payback are before tax, depreciation and the costs above. The loan usually needs your personal guarantee.
Buying several existing units? The acquisition scenario
Buying several units
What buying a few existing units could return
Prices an existing operator of a few units off the single-unit EBITDA above, after shared services, and finances it with an SBA 7(a) loan, a conventional loan and a seller note. It shows the yearly return on your cash (IRR), whether year-1 earnings cover the loan payments (DSCR) and how the price is paid for. It starts at 5 units; every deal term is an assumption you can change, and none is from the FDD.
Not modelled yet
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies direct costs, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
This scenario starts from a per-unit EBITDA. Fill in the operating costs in the one-unit model above and it runs on that figure, or take it to the full ROI workbench, where the multi-unit and acquisition models accept your own per-unit economics.
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 · filed by Jewelry Repair Enterprises, Inc.
Financial performance
Percentile ranks within Retail
Each rank is among the Retail brands that report that figure (the count is under each bar).
vs Retail medians
How Fast-Fix Jewelry And Watch Repairs® Kiosk compares
Category median of published Retail brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
System figures: see Fast-Fix Jewelry and Watch Repairs®
System figures: see Fast-Fix Jewelry and Watch Repairs®
Government records
SBA loan data
Matched to this brand from SBA 7(a) and 504 FOIA loan records.
No SBA loan data available for this brand.
What are the risks?
Main risk in the grade: financial health, then unit growth. The reasons are below.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Verdict grade + FDD Items 3 (litigation), 4 (bankruptcy), 8 (required suppliers), 16 (what you may sell), 21 (audited financials)
Risk and legal
Grade B: Second tier, 60/100 (category median 54); the full grade is at the top of the page.
How the grade is built
Why a B, factor by factor
- Financial health Weighs on it, weakest dimensionAudited financials; no going-concern doubt
- Unit economics NeutralAvg gross sales $337K on a $171K investment midpoint, 2.0x (gross sales, not profit)
- Unit growth Weighs on itTurnover 15.2%
- Scale HelpsFranchising since 1986
- Legal Neutral3 matters naming the franchisor among the Item 3 matters we list
- Transparency HelpsItem 19 discloses financial performance; audited financials
From the six scored dimensions, an editorial assessment, not investment advice. How the score is built
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
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 in the franchisor's own cases: $175,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Elliott Davis, LLC
Franchisor revenue (Item 21)
The revenue figures are in the Franchisor tab, under The franchisor.
Franchisor entity revenue (not unit-level)
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.
Supplier relationship · Items 8 & 16
Ask what the franchisor earns on the supplies it sells you or the rebates it takes (Item 8).
- Franchisor sells you products: Yes
- Franchisor takes supplier rebates: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
System figures: see Fast-Fix Jewelry and Watch Repairs®
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before your own operating costs.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12 (territory), 15 (owner participation) and 17 (renewal, termination and disputes)
Contract and territory detail
| Allowed renewals | 3 |
|---|---|
| Protected territory | Yes |
| Exclusive territory | No |
| Franchisor can compete | Yes |
| Who runs it (Item 15) | Owner must run it |
| Non-compete (years) | 2 years |
| Non-compete (miles) | 25 mi |
| Right of first refusal | Yes |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Broward County, Florida |
| Jury trial waiver | No |
| Governing law | Florida |
Items 10 (financing), 11 (training and support)
Training and operations
- On-the-job training
- 30 hrs
- Ongoing training
- Required
- 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 (initial fees) & 11 (training and support)
Franchisor support
Franchisee contacts
We hold no owner list for this brand. Item 20 of the FDD lists the current and former owners; the free FDD is the source.
Frequently asked questions
How much does it cost to open a Fast-Fix Jewelry And Watch Repairs® Kiosk franchise?
Per the 2025 FDD, the total investment to open a Fast-Fix Jewelry And Watch Repairs® Kiosk franchise ranges from $115K to $228K, with an initial franchise fee of $20K. This is the Item 7 total in the Franchise Disclosure Document (FDD): the startup costs the franchisor lists, such as build-out, equipment, inventory and working capital. It usually leaves out buying land or a building; Item 7's notes say what is excluded.
What do Fast-Fix Jewelry And Watch Repairs® Kiosk franchise owners earn?
According to Item 19 of the Fast-Fix Jewelry And Watch Repairs® Kiosk FDD, average gross sales were $337K (9 Kiosk outlets; gross sales, not profit). What an owner keeps depends on location, operating costs and management.
Who owns Fast-Fix Jewelry And Watch Repairs® Kiosk?
Fast-Fix Jewelry And Watch Repairs® Kiosk is franchised by Jewelry Repair Enterprises, Inc. Its parent company is JRE Holdings, Inc.. The ultimate parent named in the FDD is DK-JRE, LLC. Source: FDD Item 1, 2025 filing.
What is Item 19 in the Fast-Fix Jewelry And Watch Repairs® Kiosk 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® Kiosk FDD and qualifies whose outlets they describe.
What is Fast-Fix Jewelry And Watch Repairs® Kiosk's franchise failure rate?
There is no published franchise failure rate, and Fast-Fix Jewelry And Watch Repairs® Kiosk has too few resolved SBA 7(a) loans on file (fewer than 10) to show an SBA charge-off rate that would mean anything. The SBA charge-off rate is the share of a brand's resolved SBA 7(a) loans to its franchisees that the SBA wrote off, including purchased guarantees. Resolved means paid in full or charged off; active loans are excluded because their outcome is not yet known. It is a lending outcome, not a count of closed businesses. Review the turnover and closure figures in Item 20 of the FDD and speak with current and former franchisees.
Is Fast-Fix Jewelry And Watch Repairs® Kiosk a good franchise to buy?
FranchiseVerdict gives Fast-Fix Jewelry And Watch Repairs® Kiosk a B Verdict grade (Second tier) with a verdict score of 60 out of 100 (higher is better), an editorial assessment, not investment advice. Helped by scale (franchising since 1986) and transparency. Held back by financial health (audited financials) and unit growth (turnover 15.2%). The “Why a B” section on this page lists all six dimensions and any adjustment. Speak with current franchisees before making any investment decision.
Other Retail franchises
Similar investment first, then by grade
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.