What Are Operating Procedures of Fast-Fix Jewelry and Watch Repairs Franchise
Curious about how a Fast-Fix Jewelry and Watch Repairs franchise operates and if it's the right venture for you? Discover the proven business model that leverages high demand for skilled repair services, offering a clear path to profitability. Explore the essential elements of this opportunity, including the crucial financial projections detailed in our Fast-Fix Jewelry and Watch Repairs Franchise Business Plan Template.
| # | Operating Procedure | Description |
|---|---|---|
| 1 | Initial Investment and Financial Requirements | The initial investment for a Fast-Fix franchise ranges from $83,111 to $357,931, with a required cash investment between $83,111 and $147,931. Franchisees also need a net worth of $200,000 to $500,000 and an initial franchise fee of $20,000. |
| 2 | Royalty and Marketing Fees | Franchisees are required to pay a 6% royalty fee on gross sales and a 2% marketing fee to the franchisor on a weekly basis. These ongoing fees contribute to brand development, national advertising, and operational support. |
| 3 | Franchise Agreement Term and Renewal | The initial franchise agreement has a term of ten years, with an option to renew for an additional ten-year period. Renewal requires the franchisee to be in good standing and involves a renewal fee of 25% of the then-current initial franchise fee. |
| 4 | Operational Standards and Compliance | Franchisees must operate their business in strict adherence to the franchisor's established operational standards, branding guidelines, and customer service protocols as detailed in the confidential operations manual. This includes using the approved POS system and sourcing key supplies from designated vendors. |
| 5 | Initial Training Program | A comprehensive, mandatory two-week (80-hour) initial training program is provided at the corporate headquarters, covering technical repair skills, business operations, marketing, and financial management. This training is designed for the franchisee and up to two additional staff members. |
| 6 | Grand Opening and Ongoing Support | Upon opening, franchisees receive one week of on-site support from a corporate trainer to ensure a smooth launch and implementation of best practices. Ongoing support includes a dedicated business consultant, field visits, a technical support hotline, and annual conventions. |
| 7 | Revenue Performance | The average annual revenue per unit is $530,345, with a median of $450,090. While the highest reported annual revenue per unit reached $1,630,278, the lowest was $57,817, illustrating a wide range of performance across the network. |
| 8 | Breakeven and Investment Payback | Franchisees can expect to reach their breakeven point within approximately 12 months of operation. The investment payback period is estimated to be around 24 months, indicating a relatively quick return on the initial capital outlay. |
| 9 | Non-Compete Clause | The franchise agreement includes a non-compete clause that restricts franchisees from operating a similar business within a specified territory during the term of the agreement and for two years following its termination. This is designed to protect the franchisor's market share and brand integrity. |
Key Takeaways
- Fast-Fix operates a service-based retail model, primarily in high-traffic malls, offering on-the-spot jewelry and watch repairs with a focus on convenience and speed.
- The business model generates dual revenue streams, with repair services accounting for approximately 70% of revenue and retail sales of accessories making up the remaining 30%.
- The total initial investment for a Fast-Fix franchise ranges from $83,111 to $357,931, including a franchise fee of $20,000, and requires a minimum net worth of $200,000 to $500,000.
- Ongoing fees include a 6% royalty on gross monthly sales and a 2% contribution to the brand marketing fund.
- Franchisees benefit from a niche market with limited direct competition, comprehensive training, and diversified services like custom jewelry design and eyeglass repair, which can boost revenue.
- Average annual revenue per unit is approximately $530,345, with top performers exceeding $750,000, and an estimated owner-operator net profit margin of 15-20%.
- The franchise system provides a proven operational model, including proprietary POS software and established supplier relationships, with a typical breakeven time of 12 months and investment payback in 24 months.
What Is the Fast-Fix Business Model Structure?
The Fast-Fix business model is centered around providing rapid, expert repair services for jewelry and watches. This service-based retail concept thrives in high-traffic locations, most commonly regional malls, where it benefits from consistent customer flow and impulse service requests. In fact, as of early 2025, over 90% of these locations are strategically positioned within regional malls to maximize this foot traffic.
What sets this model apart is its focus on convenience, speed, and professional craftsmanship. Unlike traditional jewelers that often require extended turnaround times, Fast-Fix aims for on-the-spot solutions. This approach ensures a differentiated customer experience.
How does the Fast-Fix Jewelry and Watch Repairs franchise work?
Franchisees with a Fast-Fix Jewelry and Watch Repairs franchise benefit from a dual revenue stream. This system combines income from skilled labor services with the retail sales of various jewelry and watch-related products. Based on financial reports from 2024, the typical revenue split for a well-established franchise sees approximately 70% generated from repair services and the remaining 30% from retail sales. These retail items often include essentials like watch bands, batteries, and even custom jewelry pieces.
The franchise leverages a proven system designed for operational efficiency. This includes established relationships with suppliers and proprietary point-of-sale (POS) software. National brand recognition also plays a significant role. 2025 benchmarks suggest that a proficiently managed franchise can achieve a gross profit margin of between 60% and 65% on its repair services, underscoring the profitability of the core service offering.
For those interested in the operational specifics, understanding how to start a Fast-Fix Jewelry and Watch Repairs franchise is crucial. A detailed guide is available, outlining the process step-by-step: How to Start a Fast-Fix Jewelry and Watch Repairs Franchise in 7 Steps: Checklist.
What is the target market for a repair business franchise?
The primary target demographic for a Fast-Fix Jewelry and Watch Repairs franchise consists of middle-to-upper-income shoppers, typically aged 30 to 65. These individuals are frequent visitors to regional malls and place a high value on both their time and their personal accessories. Market analysis from late 2024 indicates a strong customer retention rate, with 65% of Fast-Fix customers being repeat clients, which speaks to the model's success in cultivating local customer loyalty.
Furthermore, a significant secondary market has emerged, comprising younger consumers aged 18 to 29. This demographic seeks services such as smartphone screen repair, custom engraving, and eyeglass repair, which are now offered at over 75% of Fast-Fix locations as of 2025. This strategic diversification has contributed to a projected 15% increase in transaction volume from this age group compared to 2023 figures.
Key Considerations for Franchisees
- Location is Paramount: Given that over 90% of locations are in regional malls, securing a prime spot with high foot traffic is critical for maximizing revenue, especially for impulse service requests.
- Dual Revenue Focus: While repair services are the core, don't overlook the retail sales component. Offering a curated selection of watch bands, batteries, and jewelry can significantly boost overall revenue, contributing up to 30% of total sales.
- Operational Efficiency: The Fast-Fix business model is designed for speed. Mastering the proprietary POS software and adhering to efficient operational procedures can lead to higher gross profit margins, potentially reaching 60-65% on repair services.
What Is The Investment For A Fast-Fix Franchise?
When considering a jewelry and watch repair franchise, understanding the initial investment is crucial. For this particular Fast-Fix Jewelry franchise opportunity, the estimated total initial investment typically falls between $189,986 and $359,429 as of June 2025. This range is quite common in the franchise world, as it accounts for variations in location, the specific build-out required for your chosen space, and the initial stock of parts and supplies.
A significant portion of this upfront cost is the initial franchise fee, which is $49,900. This fee is your entry ticket, granting you the right to use the established brand name, leverage their proven operating systems, and access their ongoing support network. The remaining investment covers essential startup expenses. These include the necessary equipment and specialized tools for intricate repairs, the physical store build-out and interior design, exterior signage to attract customers, and crucially, working capital to cover operational costs for the first three months. The build-out itself can be a substantial variable, potentially ranging from $80,000 to $150,000, depending heavily on the condition of the leased space and your specific design choices.
What are the Fast-Fix Jewelry and Watch Repairs franchise costs?
Delving deeper into the Fast-Fix Jewelry and Watch Repairs franchise costs, the initial investment figures provide a clear picture of what’s needed to get started. As mentioned, the total outlay can range from $189,986 to $359,429. This range is further supported by data indicating a low initial investment starting at $83,111 and going up to $357,931, with a required cash investment between $83,111 and $147,931. The franchise fee itself is $49,900, though some FDD data suggests an initial fee as low as $20,000, highlighting the importance of reviewing the most current disclosure document. The majority of your investment will go into securing and preparing your physical location, equipping it with specialized tools, and ensuring you have enough operating capital to sustain the business during its initial phase. For instance, the average annual revenue per unit is reported at $530,345, with a median of $450,090, offering a benchmark for potential earnings.
What are the ongoing fees for a Fast-Fix franchise?
Beyond the initial startup costs, franchise owners are subject to ongoing fees that support the franchisor’s continued operations and marketing efforts. Franchisees are typically required to pay a royalty fee, calculated at 7% of gross monthly sales. This fee is fundamental for the franchisor to provide ongoing support, invest in research and development for new services or technologies, and manage the overall brand. For example, some FDD data indicates a royalty fee of 6%, so it's vital to confirm the exact percentage. In addition to the royalty, there's a contribution to a brand marketing fund, set at 2% of gross monthly sales as of 2025. This fund is strategically used for collective advertising initiatives, including national and regional campaigns, digital marketing, and public relations efforts, all aimed at boosting brand visibility and driving customer traffic to all locations.
Key Considerations for Franchise Investment
- Initial Investment Range: Be prepared for a total initial investment between $189,986 and $359,429.
- Franchise Fee: Budget for an initial franchise fee of $49,900 (verify with current FDD).
- Ongoing Royalties: Factor in a 7% royalty fee on gross monthly sales.
- Marketing Contributions: Allocate 2% of gross monthly sales to the brand marketing fund.
- Working Capital: Ensure you have sufficient funds for at least three months of operation.
Understanding these financial commitments is a critical step in evaluating the viability of this jewelry and watch repair franchise. For those looking to dive deeper into the operational aspects and the step-by-step process of launching, you can find detailed guidance on How to Start a Fast-Fix Jewelry and Watch Repairs Franchise in 7 Steps: Checklist.
Is Fast-Fix Jewelry and Watch Repairs a Good Franchise?
When considering a franchise opportunity, understanding the core benefits and potential income is crucial. The Fast-Fix Jewelry franchise operates within a niche market that shows consistent demand. The jewelry and watch repair industry is expected to see significant growth, with projections indicating a 35% increase by 2025. This positions the Fast-Fix Watch Repairs franchise favorably, particularly with its strategic placement in high-traffic retail environments like malls, which caters to an on-the-go customer base needing immediate services.
What are the benefits of a Fast-Fix Jewelry and Watch Repairs franchise?
A primary advantage of investing in a Fast-Fix Jewelry franchise is its operation within a specialized, high-demand market with relatively limited direct competition, especially in busy retail centers. The Fast-Fix business model is designed to capture a substantial portion of the readily accessible repair market.
Franchisees benefit from extensive support, a factor frequently highlighted in Fast-Fix franchise owner reviews. This support includes a comprehensive two-week technical and business management training program held at the corporate headquarters, followed by an additional week of on-site assistance during the grand opening. This robust training ensures franchisees are well-equipped to manage their new venture.
Beyond standard repairs, the business model incorporates multiple revenue streams. These include custom jewelry design, eyeglass repair, and the sale of accessories. These diversified services can significantly boost the average transaction value. It's worth noting that in late 2024, top-performing franchises reported that these additional services contributed up to 25% of their total revenue.
What is the Fast-Fix Jewelry and Watch Repairs franchise income potential?
The financial performance of a Fast-Fix Jewelry and Watch Repairs franchise can fluctuate based on several factors, including the chosen location, the effectiveness of management, and prevailing market conditions. According to the 2024 Franchise Disclosure Document (FDD), the average gross revenue across all reporting franchise units was approximately $485,211. This figure provides a benchmark for potential earnings.
For those who excel in operations and management, the income potential is even more significant. Top-quartile franchisees reported gross revenues exceeding $750,000 in 2024. Furthermore, owner-operators typically achieve net profit margins ranging between 15% and 20% after accounting for all operational expenses, including royalties and salaries. This demonstrates a strong potential return on investment for dedicated operators.
For those interested in learning more about establishing this type of business, detailed steps are available: How to Start a Fast-Fix Jewelry and Watch Repairs Franchise in 7 Steps: Checklist.
Key Considerations for a Fast-Fix Jewelry and Watch Repairs Franchise
- Market Saturation: While the niche is growing, assess local competition. The Fast-Fix business model thrives in malls, so scouting prime locations is key.
- Skill Development: The training covers technical repairs, but ongoing skill enhancement in custom design and customer service can further differentiate your unit.
- Financial Projections: Review the FDD carefully, paying attention to the range of revenues and the factors influencing them. The average annual revenue per unit was reported at $530,345 in the latest FDD.
Operating Procedure For Starting A Fast-Fix Jewelry And Watch Repairs
What are the requirements to own a Fast-Fix franchise?
To become a franchisee for this jewelry and watch repair franchise, prospective owners need to meet certain financial benchmarks. As of 2025, the minimum liquid capital requirement stands at $75,000, with a minimum net worth requirement of $350,000. These figures are in place to ensure candidates possess the financial capacity for the initial investment and can sustain operations during the critical startup phase.
While prior experience as a jeweler or watchmaker isn't a strict prerequisite, the franchisor places significant emphasis on strong business management capabilities, a dedication to customer service, and proven sales experience. The company provides comprehensive technical training for its franchise owners. Interestingly, data from 2024 indicates that approximately 60% of new owners who were successful had previous experience in retail or small business management.
What does the startup process involve?
The journey to opening a Fast-Fix Jewelry franchise begins with submitting an application. This is followed by a series of discovery calls, a thorough review of the Franchise Disclosure Document (FDD), and an invitation to a 'Discovery Day' at the corporate headquarters. The entire process for approval and site selection typically spans between 60 to 90 days.
Once the franchise agreement for the Fast-Fix Watch Repairs franchise is officially signed, the franchisor's dedicated real estate team steps in to assist with site selection and lease negotiations. This crucial phase can take an additional 2-4 months. Following the execution of the lease, the remaining steps – which include store build-out, comprehensive training, and pre-opening marketing initiatives – generally require about 12-16 weeks before the grand opening.
Understanding the full picture is important, and you can learn more by exploring What are the Pros and Cons of Owning a Fast-Fix Jewelry and Watch Repairs Franchise?
Key Considerations for Aspiring Franchisees
- Financial Readiness: Ensure your liquid capital and net worth align with the franchisor's requirements. The FDD details the total investment range, which can be from $83,111 to $357,931.
- Business Acumen: While technical skills are taught, a strong foundation in business management and customer service is vital for success in this repair business franchise.
- Timeline Commitment: Be prepared for a process that can take several months from application to opening, involving site selection, build-out, and training.
| Financial Requirement | Minimum | Typical Range |
|---|---|---|
| Liquid Capital | $75,000 | $83,111 - $147,931 (Cash Required) |
| Net Worth | $350,000 | $200,000 - $500,000 |
| Stage | Estimated Duration |
|---|---|
| Application to Approval & Site Selection | 60 - 90 days |
| Lease Execution to Grand Opening | 12 - 16 weeks |
The initial franchise fee for this jewelry and watch repair franchise is $20,000. Franchisees are also expected to pay a royalty fee of 6% and a marketing fee of 2% of gross sales. Based on the FDD data, the average annual revenue per unit was approximately $530,345 in recent years, with a median of $450,090, indicating a solid income potential for a well-managed Fast-Fix business model.
Operating Procedure For Fast-Fix Franchise Services Offered
What services does Fast-Fix franchise offer?
The core of the Fast-Fix Jewelry and Watch Repairs franchise model is built around efficient, while-you-shop repair services. These essential offerings include quick watch battery replacements, watch band sizing and replacements, ring sizing, chain repairs, and prong re-tipping. For context, watch battery replacements alone represent a significant portion of business, accounting for an estimated 30% of all service tickets as of 2025.
Beyond these core services, skilled on-site jewelers and watchmakers also handle more intricate, higher-margin repairs. These advanced services can include complex watch movement overhauls, stone setting, custom jewelry design and fabrication, and professional jewelry appraisals. In 2024, these specialized services contributed to over 40% of the service revenue in top-performing locations, highlighting their importance for profitability.
Are there other revenue streams?
Absolutely. Beyond repairs, retail sales form a substantial secondary revenue stream for a Fast-Fix Jewelry and Watch Repairs franchise. This typically involves a curated selection of new watches, various jewelry pieces, replacement watch bands, and essential jewelry care products. In many successful locations, retail sales can contribute between 25% to 35% of the total gross revenue.
To adapt to evolving consumer needs and broaden their market appeal, many franchisees have expanded their service portfolio. This often includes offering eyeglass frame repair and smartphone screen replacement. Data from early 2025 indicates that franchises incorporating these additional services have seen a revenue increase of 10% to 15% compared to those focusing exclusively on jewelry and watches. This demonstrates the significant advantage of diversifying service offerings.
Key Operational Insights for Franchisees
- Focus on Efficiency: Prioritize streamlining the 'while-you-shop' services, as these drive high transaction volumes.
- Upskill Staff: Invest in training for advanced repair services to capture higher-margin business and differentiate your offering.
- Strategic Retail Mix: Curate retail inventory to complement repair services and appeal to a broad customer base.
- Adaptability is Key: Consider offering complementary services like eyeglass or smartphone repairs to boost overall revenue and customer reach.
| Core Repair Services Volume (Estimate) | 30% (Watch Battery Replacements) |
| Advanced Repair Services Revenue Contribution (Top Performers) | Over 40% |
| Retail Sales Revenue Contribution | 25% - 35% |
| Revenue Increase from Diversified Services (e.g., Eyeglass Repair) | 10% - 15% |
Understanding the operational nuances is crucial for success in this franchise. The Fast-Fix business model is designed for efficient service delivery, which is key to maximizing customer throughput. For those considering a Fast-Fix Jewelry and Watch Repairs franchise, a deep dive into these operational procedures will provide a clearer picture of day-to-day activities and revenue generation potential.
Operating Procedure For Understanding Fast-Fix Franchise Operations
What are the typical store requirements?
When considering a Fast-Fix Jewelry and Watch Repairs franchise, understanding the physical space requirements is crucial for planning. Typically, these operations are established in high-traffic areas within enclosed shopping malls, utilizing either an in-line store or a kiosk format. The necessary footprint is quite manageable, generally falling between 400 to 800 square feet for a standard in-line store. This size is designed for efficiency and to maintain brand consistency across all locations.
The interior layout is standardized to optimize workflow and customer experience. Key components include a customer service counter, a secure workshop area that allows for customer visibility into the repair process, and display cases for retail items. The franchisor plays a significant role in this aspect, providing detailed specifications and offering assistance throughout the design and build-out phases. As of 2025, the estimated build-out costs average around $120 per square foot, which is a key factor in the overall initial investment for a Fast-Fix Jewelry franchise.
What technology is used in daily operations?
The operational efficiency of a Fast-Fix Watch Repairs franchise is significantly enhanced by a proprietary Point of Sale (POS) system. This specialized software is engineered to manage various aspects of the repair business, including sales transactions, customer databases, the tracking of ongoing repairs, inventory management, and employee scheduling. This integrated approach streamlines daily tasks for franchisees.
Furthermore, this technology is designed to connect with the franchisor's national network. This connectivity provides franchisees with access to key performance indicator (KPI) dashboards and robust financial reporting tools, offering valuable insights into business performance. For the year 2025, the technology package includes essential features like cloud-based data backup and remote technical support, with a monthly technology fee of approximately $250. This ensures that franchisees are well-equipped with the necessary digital tools to manage their repair business franchise effectively.
| Initial Investment Range | $83,111 - $357,931 |
| Cash Required | $83,111 - $147,931 |
| Franchise Fee | $20,000 |
| Royalty Fee | 6% |
| Marketing Fee | 2% |
| Average Annual Revenue per Unit | $530,345 |
| Median Annual Revenue per Unit | $450,090 |
| Breakeven Time | 12 Months |
| Investment Payback Period | 24 Months |
Tips for Understanding Fast-Fix Franchise Operations
- Location is Key: Given the typical mall-based model, thoroughly research mall traffic patterns and demographics to ensure your chosen location aligns with the Fast-Fix business model's success factors.
- Embrace the Technology: Fully utilize the proprietary POS system. Its capabilities in tracking repairs and customer data are vital for optimizing operations and building customer loyalty in the jewelry and watch repair franchise sector.
- Understand the Build-Out: Factor in the average $120 per square foot build-out cost when creating your financial projections. Early planning can prevent budget overruns.
For those interested in diving deeper into the process, detailed steps on establishing your own business can be found by reviewing How to Start a Fast-Fix Jewelry and Watch Repairs Franchise in 7 Steps: Checklist.
Operating Procedure For Fast-Fix Franchise Training And Support
What training does Fast-Fix provide?
The Fast-Fix franchise training and support program is a cornerstone of their operational model, designed to equip new owners with both the technical and business acumen needed for success. This isn't a casual overview; it's a mandatory and comprehensive experience. The initial training spans two weeks (80 hours) and takes place at their corporate headquarters in Florida. Here, you'll dive deep into the intricacies of jewelry and watch repair, mastering the hands-on skills essential for the business. Equally important, the program covers the Fast-Fix business model, including crucial aspects of marketing and financial management. This balanced approach ensures you understand not just how to fix items, but how to run a profitable business.
The training is inclusive, designed for the franchisee and up to two additional staff members. This means your core team gets aligned from the start. The curriculum is thoughtfully divided: approximately 50% is dedicated to technical skills, ensuring proficiency in repairs, and the other 50% focuses on the Fast-Fix business model and operational procedures. This ensures a well-rounded foundation before you even open your doors, setting you up for a smoother launch.
What ongoing support is available for franchisees?
The commitment to franchisee success extends well beyond the initial training. After completing the two-week program, you'll receive one week of on-site support from a corporate trainer during your grand opening week. This direct, in-person assistance is invaluable for a smooth launch, helping to implement operational best practices and refine customer service protocols in real-time. It’s about ensuring the training translates directly into effective daily operations.
Beyond the opening week, the support structure is robust. Franchisees gain access to a dedicated franchise business consultant who acts as a continuous resource. Regular field visits are part of the package, providing on-going guidance and performance feedback. For those moments when you need immediate assistance, a 24/7 technical support hotline is available. National marketing campaigns are also managed by the franchisor, reducing the burden on individual franchisees and leveraging collective brand strength. Furthermore, the franchisor hosts an annual convention for all franchisees. In 2024, for example, over 85% of the network attended, offering crucial networking opportunities and continuing education workshops. This commitment to ongoing support is a significant benefit, especially when considering What are the Pros and Cons of Owning a Fast-Fix Jewelry and Watch Repairs Franchise?
| Initial Training Duration | 2 Weeks (80 Hours) |
| Training Focus | Technical Skills (50%) & Business Operations (50%) |
| On-Site Grand Opening Support | 1 Week |
| Ongoing Support Channels | Business Consultant, Field Visits, 24/7 Tech Hotline |
| Annual Franchisee Event | Convention with >85% Attendance (2024) |
Tips for Maximizing Franchise Training and Support
- Engage Actively: Treat the initial training as your business's foundation. Ask questions, participate fully, and absorb as much as possible.
- Leverage Support Post-Launch: Don't hesitate to use the 24/7 hotline or reach out to your business consultant for operational questions or challenges.
- Network at Conventions: The annual convention is a prime opportunity to learn from successful peers and share your own experiences.
- Prepare Your Team: Ensure your additional staff members also receive thorough training to maintain consistent service quality.
Operating Procedure For The Fast-Fix Franchise Agreement
What is the term of the agreement?
When you invest in a Fast-Fix Jewelry and Watch Repairs franchise, the initial agreement is set for a robust ten-year term. This gives you ample runway to establish your repair business franchise and realize your investment goals. Should you operate your franchise in good standing, there's an option to renew for another ten years. As per the 2025 Franchise Disclosure Document (FDD), the renewal fee is 25% of the current initial franchise fee.
What are the key contractual obligations?
Operating your Fast-Fix Jewelry franchise means adhering strictly to the franchisor's established standards. This includes everything from operational procedures and branding guidelines to customer service protocols, all detailed in the confidential operations manual. You're contractually bound to pay 7% in royalties and 2% for marketing on a weekly basis. Maintaining consistency across all franchise opportunities requires using the approved Point of Sale (POS) system and sourcing key supplies and inventory from designated vendors.
Furthermore, the agreement includes a non-compete clause that remains active during your franchise term and for two years following its termination within a defined territory. Understanding these contractual obligations is crucial for a smooth operation of your jewelry and watch repair franchise.
Key Franchise Agreement Points
- Agreement Term: Initial 10 years with a 10-year renewal option.
- Renewal Fee: 25% of the then-current initial franchise fee.
- Royalty Fee: 7% of gross revenue, paid weekly.
- Marketing Fee: 2% of gross revenue, paid weekly.
- Operational Compliance: Strict adherence to operations manual, branding, and service standards.
- Vendor Requirements: Use of approved POS system and designated supply vendors.
- Non-Compete Clause: Active during the term and for 2 years post-termination within a specified territory.
For those looking to understand the initial steps, exploring How to Start a Fast-Fix Jewelry and Watch Repairs Franchise in 7 Steps: Checklist can provide valuable guidance.
| Financial Obligation | Details |
|---|---|
| Royalty Fee | 7% of weekly revenue |
| Marketing Fee | 2% of weekly revenue |
| Initial Franchise Fee | $20,000 |
| Operational Requirement | Description |
|---|---|
| POS System | Must use the approved system. |
| Supplies & Inventory | Must purchase from designated vendors. |
| Operational Standards | Strict adherence to franchisor's manual. |
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