Fast-Fix Jewelry Repairs vs Battery World Australia Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fast-Fix Jewelry Repairs vs Battery World Australia including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fast-Fix Jewelry Repairs Franchise
Battery World Australia Franchise
Investment $153,961 - $437,931 $200,000 - $350,000
Franchise Fee $35,000 - $40,000 N/A
Royalty Fee 6% -
Advertising Fee 2% -
Year Founded 1984 1997
Year Franchised 1987 1997
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $15K -


Business Experience Requirements

 
Fast-Fix Jewelry Repairs Franchise
Battery World Australia Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Fast-Fix Jewelry Repairs Franchise
    Battery World Australia Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes -/-
    Start-up Costs No/Yes -/-
    Equipment No/Yes -/-
    Inventory No/Yes -/-
    Receivables No/No -/-
    Payroll No/No -/-

    Training & Support

     
    Fast-Fix Jewelry Repairs Franchise
    Battery World Australia Franchise
    Training - *4 weeks training
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives -
    Marketing Ad slicks All stores contribute to a national marketing fund. This fund ensures that via our national marketing plan we have activity throughout the entire year including TV, Direct mail and local store marketing tools.
    Operations International franchisees required to buy multiple units/master licenses; 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Fast-Fix Jewelry Repairs Franchise
    Battery World Australia Franchise
    US Expansion - -
    Canada Expansion No -
    International Expansion Yes Yes

    Start-Up Costs and Fees Mobile

    Investment
    Fast-Fix Jewelry Repairs Franchise
    $153,961 - $437,931
    Battery World Australia Franchise
    $200,000 - $350,000
    Franchise Fee
    Fast-Fix Jewelry Repairs Franchise
    $35,000 - $40,000
    Battery World Australia Franchise
    N/A
    Royalty Fee
    Fast-Fix Jewelry Repairs Franchise
    6%
    Battery World Australia Franchise
    -
    Advertising Fee
    Fast-Fix Jewelry Repairs Franchise
    2%
    Battery World Australia Franchise
    -
    Year Founded
    Fast-Fix Jewelry Repairs Franchise
    1984
    Battery World Australia Franchise
    1997
    Year Franchised
    Fast-Fix Jewelry Repairs Franchise
    1987
    Battery World Australia Franchise
    1997
    Term Of Agreement
    Fast-Fix Jewelry Repairs Franchise
    10 years
    Battery World Australia Franchise
    -
    Renewal Fee
    Fast-Fix Jewelry Repairs Franchise
    $15K
    Battery World Australia Franchise
    -


    Business Experience Requirements

    Experience
    Fast-Fix Jewelry Repairs Franchise

  • General business experience
  • Battery World Australia Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Fast-Fix Jewelry Repairs Franchise
    No/Yes
    Battery World Australia Franchise
    -/-
    Start-up Costs
    Fast-Fix Jewelry Repairs Franchise
    No/Yes
    Battery World Australia Franchise
    -/-
    Equipment
    Fast-Fix Jewelry Repairs Franchise
    No/Yes
    Battery World Australia Franchise
    -/-
    Inventory
    Fast-Fix Jewelry Repairs Franchise
    No/Yes
    Battery World Australia Franchise
    -/-
    Receivables
    Fast-Fix Jewelry Repairs Franchise
    No/No
    Battery World Australia Franchise
    -/-
    Payroll
    Fast-Fix Jewelry Repairs Franchise
    No/No
    Battery World Australia Franchise
    -/-

    Training & Support

    Training
    Fast-Fix Jewelry Repairs Franchise
    -
    Battery World Australia Franchise
    *4 weeks training
    Support
    Fast-Fix Jewelry Repairs Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Battery World Australia Franchise
    -
    Marketing
    Fast-Fix Jewelry Repairs Franchise
    Ad slicks
    Battery World Australia Franchise
    All stores contribute to a national marketing fund. This fund ensures that via our national marketing plan we have activity throughout the entire year including TV, Direct mail and local store marketing tools.
    Operations
    Fast-Fix Jewelry Repairs Franchise
    International franchisees required to buy multiple units/master licenses; 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

    Battery World Australia Franchise
    -

    Expansion Plans

    US Expansion
    Fast-Fix Jewelry Repairs Franchise
    -
    Battery World Australia Franchise
    -
    Canada Expansion
    Fast-Fix Jewelry Repairs Franchise
    No
    Battery World Australia Franchise
    -
    International Expansion
    Fast-Fix Jewelry Repairs Franchise
    Yes
    Battery World Australia Franchise
    Yes

    Company Overviews

    About Fast-Fix Jewelry Repairs

    The world's largest franchisor of dedicated jewelry and watch repair services headquartered in Delray Beach, Florida operates more than 160 franchised stores in high-traffic areas of regional shopping malls throughout the United States and Canada. FAST-FIX stores specialize in offering a wide range of "while you shop" repair services including but not limited to: ring sizing, chain repair, remounting, engraving and eyeglass repair, in addition to replacing watch batteries. The company has recently announced their expansion into Ireland and the United Kingdom. FAST-FIX is recognized today as the world leader in delivering fast, efficient, professional repair work on jewelry and watches for men and women. FAST-FIX opened its first store in Pittsburgh, Pennsylvania in 1984 with great success. Consumers responded because they didn't have to wait weeks for a repair to be completed and could see first-hand the quality and care that goes into every repair. Soon thereafter, FAST-FIX began franchising domestically, with the first franchise store opening in Dallas, Texas. After acquiring the company in 1996, Chief Executive Officer, Marvin Biltis and President, Kenneth A. Marks successfully expanded its' franchise operations from 50 to more than 160 franchised stores. Under their oversight, FAST-FIX has also achieved continued sales growth to over $56 million in 2008 and has plans to open more than 15 franchised locations annually.

    The total investments necessary to begin operation of the different types of service centers are:
    • Kiosk : $153,961 - $242,931
    • In-Line Store : $256,961 - $437,931
    • Store-in-Store (Meijer) : $ 97,961 - $167,931

    About Battery World Australia

    Join the leading battery retailer in Australia and one of Australia's top 10 franchises! Battery World is embarking on a new era of rapid expansion and provides franchisees the chance to be your own boss but have the security of a national market leader, with over 20 years of stable growth behind it.  Count the number of batteries you rely on every day.  Now, multiply it by 9,117,033* households.  Whatever figure you come up with it's a very compelling reason to join Battery World, the nationally established franchise that a growing number of Australians rely on for their everyday battery needs.