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Jewelry Repair Enterprises, Inc

Business ServicesTerritory: Non-exclusive territoryHQ: FL

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Key figures

Initial franchise fee$5,000
Total investment (Item 7)$114,700 – $227,500
Royalty (Item 6)6% of gross sales
Headquarters stateFL
Legal name (Item 1)Jewelry Repair Enterprises, Inc
FDD issuance date2025-06-26
Franchised units (Item 20)112 (Item 20, p.33)
Brand websitehttps://www.fastfix.com

About Jewelry Repair Enterprises, Inc

Description of the Franchised Business The franchised business offered under this Disclosure Document is for a retail store that offers jewelry and watch repair services and sells jewelry. TERRITORY (Item 12): territory is NOT exclusive - the FDD states you will not receive an exclusive territory.

Due diligence dossier

Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.

Unit history (Item 20)

YearFranchisedCompany-ownedTotal
20221237130
20231175122
20241124116

Source: Item 20, p.33 of the brand's FDD.

Risk & history facts

Closures in the last 3 years12 (Item 20, p.37 of the FDD)
Transfers in the last 3 years12 (Item 20, p.36 of the FDD)
Litigation matters disclosed (Item 3)1 (Item 3, p.10 of the FDD)
Bankruptcy (Item 4)No bankruptcy disclosed (Item 4) (Item 4, p.10 of the FDD)

Litigation summary (Item 3): Two franchisee lawsuits regarding transfer consent and agreement forms were settled in 2016 with payments of $175,000 and $28,457. A California regulatory citation for recordkeeping violations was settled in 2015 with a $32,000 penalty. (Item 3, p.10 of the FDD)

Ownership & operations

Owner-operator requiredYes (Item 15, p.28 of the FDD)
Absentee ownership allowedNo (Item 15, p.28 of the FDD)

Territory description (Item 12): The territory consists of the enclosed shopping mall, shopping center, outlet mall, or retail strip center where the Service Center is located. The franchisor reserves rights to operate at Non-Traditional Sites and through alternative channels of distribution within the territory. (Item 12, p.25-27 of the FDD)

Training: We provide the initial training program described below under Training Programs. (Item 11, p.19 of the FDD)

Ongoing support:

Source: Item 11, p.19 of the brand's FDD.

Company facts

HeadquartersBoca Raton, FL (Item 1, p.8 of the FDD)
Years in business41 (Item 1, p.8 of the FDD)
Years franchising39 (Item 1, p.8 of the FDD)
Parent companyJRE Holdings, Inc. (Item 1, p.8 of the FDD)
Initial term10 years (Item 17, p.29 of the FDD)
Renewal term10 years (Item 17, p.29 of the FDD)
Veteran discountOffered (Item 7, p.15 of the FDD)
Advertising / brand fund fee2% of gross sales (Item 6, p.11 of the FDD)
Company-owned units4 (Item 20, p.33 of the FDD)

Questions to ask the franchisor

Generated from what this brand's FDD data does not disclose — ask Jewelry Repair Enterprises, Inc directly:

Territory — what the FDD says (Item 12)

Non-exclusive territory — classified from Item 12, p.25 of the brand's FDD

Under this brand's Item 12 rule, you do not receive an exclusive territory. The franchisor may sell additional franchises in the same area. It may also operate company units there. Or it may sell through other channels. No area is reserved for you. No area is closed to you by another franchisee's exclusivity either. Placement is the franchisor's decision.

The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory.”

Availability

Because this brand grants no exclusive territory, there are no territory-based exclusions: no area is reserved for an existing franchisee, and no area is reserved for you. Whether a new unit is placed anywhere is the franchisor's decision under Item 12.

Next steps with Jewelry Repair Enterprises, Inc

Put Jewelry Repair Enterprises, Inc on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.