How many Fast Fix Jewelry And Watch Repairs outlets were at the start of 2022?
Fast_Fix_Jewelry_And_Watch_Repairs Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Star t of Year | Outlets Opened | O | utlets Reacquire d from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets At End of | ||
|---|---|---|---|---|---|---|---|---|---|---|
| the Year | ||||||||||
| Totals | 2022 | 9 | 0 | 0 | 1 | 1 | 7 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 37)
What This Means (2025 FDD)
According to Fast Fix Jewelry And Watch Repairs's 2025 Franchise Disclosure Document, there were 9 outlets at the start of 2022. This number reflects the total number of company-owned and franchised locations operating under the Fast Fix Jewelry And Watch Repairs brand at the beginning of that year.
For a prospective franchisee, this indicates the existing footprint of the franchise system at that time. It's important to note that this number can fluctuate due to new openings, closures, re acquisitions, and sales of outlets. Reviewing the trend in outlet numbers over several years, as presented in the table, can provide a more comprehensive understanding of the franchise's growth and stability.
It is also important to consider the number of company-owned versus franchised locations when evaluating the overall health and direction of the Fast Fix Jewelry And Watch Repairs franchise system. A high number of company-owned stores might suggest a different strategic approach or level of franchisor involvement compared to a system primarily composed of franchised outlets. Further research into the reasons behind outlet changes (openings, closures, sales, etc.) would give a potential franchisee a clearer picture of the franchise's performance and potential risks.