Investment
Detailed information regarding the franchise
investment can be found in FAST-FIX's Uniform Franchise Offering
Circular (UFOC). The initial investment to open a new FAST-FIX
franchised location has a several basic components.
The Franchise Fee
FAST-FIX's franchise fee is the most inclusive and competitive in the
industry. The franchise fee includes site selection services, training
and grand opening support, initial customized printed materials, and
use of FAST-FIX's proprietary marks.
FAST-FIX Store Development Package
FAST-FIX makes it easier for you to start your new business by
offering a comprehensive new store development package. We take the
worries out of construction and opening and let you focus on what's
really important - getting ready to take care of customers. This
package includes lease acquisition, bidding/permitting, construction,
signage and overall project management.
Tools and Equipment
This includes: ultrasonic cleaner, workbenches, fire safe, dust
collector, desktop engraving machine, steamer, bench lamps,
miscellaneous jeweler's tools and equipment, miscellaneous trade
fixtures, flex shaft kit, adding machine, furniture, torch, computer
system - point of sale/inventory
Inventory
FAST-FIX provides – batteries, assorted jewelry items, findings,
precious metals, assorted watch bands and watch repair parts, assorted
engravable items, and miscellaneous inventory polishing cloths jewelry
cleaners and other current products – so that your displays are
stocked so that can open your doors and generate sales from your first
day!
Promotion and Advertising
Every new FAST-FIX franchised store launches a coordinated Grand
Opening media launch engineered to increase awareness and educate
customers in your area. FAST-FIX's program includes banners,
invitations, flyers, giveaways and the assistance to make your opening
truly grand!
The initial investment for a kiosk is an estimated total amount of
$142,500-$152,500 excluding working capital. The initial investment
for an inline store is $242,500-$307,500 excluding working capital.
These figures are estimates and we cannot guarantee that you will not
incur additional expenses in starting your franchise business. Your
costs will depend on certain factors, including: how much you follow
our methods and procedures, your management skill, experience and
business acumen, local economic conditions, the local market for our
product, the prevailing wage rate, competition and the sales level
achieved during the initial period.
|
KIOSK |
|
INLINE |
Franchise
Fee |
$ |
40,000 |
|
$ |
40,000 |
Development
Package |
$
|
49,000- |
|
$
|
147,500 - |
|
$ |
59,000 |
$ |
207,500 |
Tools
and Equipment |
$ |
25,000 |
|
$ |
25,000 |
Inventory |
$ |
20,000 |
|
$ |
20,000-
|
|
$ |
25,000 |
Promotion
and Advertising |
$ |
6,200 |
|
$ |
6,200 |
|
Miscellaneous |
|
$ |
2,300 |
|
$ |
3,800 |
Total |
|
$ |
142,500 |
|
$
|
242,500 |
|
$ |
152,500 |
$ |
307,500 |
NOTE: The above are estimates only and we relied on our 24 years of
experience in the jewelry repair business to complete these estimates.
Please consult the current FAST-FIX Franchise Disclosure Document (FDD)
– Item 7 Initial Investment – for a more detailed explanation of the
franchise investment.
While no direct financing is provided by FAST-FIX, we can
assist you in exploring financing options
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