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Rates
2021 FDD ON FILEJewelry Stores
Fast-Fix

Fast-Fix

Franchising since 1984 · 10 locations

The total investment to open a Fast-Fix franchise ranges from $83,000 - $465,961. The initial franchise fee is $20,000. Ongoing royalties are 6% plus a 2% advertising fee. Fast-Fix currently operates 10 locations (10 franchised). PeerSense FPI health score: 34/100. Data sourced from the 2021 Franchise Disclosure Document.

Investment

$83,000 - $465,961

Franchise Fee

$20,000

Total Units

10

10 franchised

FPI Score
Medium
34

Proprietary PeerSense metric

Limited
Capital Partners
3lenders available

Active capital sources verified for Fast-Fix financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
34out of 100
Limited

SBA Lending Performance

SBA Default Rate

8.3%

1 of 12 loans charged off

SBA Loans

12

Total Volume

$2.8M

Active Lenders

3

States

6

What is the Fast-Fix franchise?

The Fastfix franchise emerges as a distinctive opportunity within the resilient and perpetually valued jewelry services sector, currently operating with 9 established units, each dedicated to providing essential repair, maintenance, and perhaps bespoke services for precious items. This brand positions itself at the intersection of convenience and craftsmanship, addressing a continuous consumer need for professional care of their cherished jewelry, watches, and accessories. In an era where personal adornment remains a significant aspect of consumer culture, with annual global spending on jewelry and luxury watches exceeding hundreds of billions of dollars, the demand for expert attention to these items—whether for a simple repair, a complex restoration, or a custom adaptation—persists with remarkable stability. The Fastfix franchise model capitalizes on this enduring requirement, offering a streamlined approach to delivering high-quality service that builds long-term customer trust and loyalty within local communities. By focusing on efficient and reliable solutions, the brand aims to become the go-to destination for individuals seeking to preserve the beauty and functionality of their valuable possessions. This dedication to service excellence underpins the Fastfix franchise's market strategy, carving out a niche that emphasizes accessibility and skilled execution. The core value proposition revolves around extending the life and enhancing the appeal of client items, transforming what might be a routine repair into a reaffirmation of value and sentiment. The 9 operational units signify a foundational presence in the market, demonstrating a viable model for specialized retail services that meet a consistent consumer demand. The Fastfix franchise represents an appealing prospect for entrepreneurs keen on entering a segment characterized by consistent demand and the potential for strong customer relationships forged through dependable service. The commitment to quality

FPI Score

34/100

SBA Default Rate

8.3%

Active Lenders

3

Key Highlights

Low SBA default rate (8.3%)

Data Insights

Key performance metrics for Fast-Fix based on SBA lending data

SBA Default Rate

8.3%

1 of 12 loans charged off

SBA Loan Volume

12 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 4.0 loans per lender

Investment Tier

Mid-range investment

$83,000 – $465,961 total

Payment Estimator

Loan Amount$66K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$859

Principal & Interest only

Locations

Fast-Fixunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Fast-Fix