Franchise opportunities compared

    Fast-Fix Jewelry and Watch Repairs vs Flip Flop Shops John Richey

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Fast-Fix Jewelry and Watch Repairs

    $114,700 – $362,500

    2025 FDD · Item 7

    Flip Flop Shops John Richey

    $182,900

    2025 FDD · Item 7 · PDF p. 17

    Initial franchise fee · Item 5

    Fast-Fix Jewelry and Watch Repairs

    $20,000

    2025 FDD · Item 5 · PDF p. 11

    Flip Flop Shops John Richey

    $30,000

    2025 FDD · Item 5 · PDF p. 13

    Royalty · Item 6

    Fast-Fix Jewelry and Watch Repairs

    6% or $14,400/yr min

    2025 FDD · Item 6 · PDF p. 11

    Flip Flop Shops John Richey

    5% · note 1) — 5%

    2025 FDD · Item 6 · PDF p. 13

    Before you compare

    • Both sets of figures come from 2025 FDDs.
    • Fast-Fix Jewelry and Watch Repairs discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Fast-Fix Jewelry and Watch Repairs: 2, Flip Flop Shops John Richey: 12). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Fast-Fix Jewelry and Watch Repairs

    $114,700 – $362,500
    2025 FDD · Item 7

    Flip Flop Shops John Richey

    $182,900
    TOTAL — $182900
    2025 FDD · Item 7 · PDF p. 17
    Standard initial franchise fee (Item 5)

    Fast-Fix Jewelry and Watch Repairs

    $20,000
    Discounts apply only to eligible multi-unit purchasers and qualifying veterans.
    2025 FDD · Item 5 · PDF p. 11

    Flip Flop Shops John Richey

    $30,000
    2025 FDD · Item 5 · PDF p. 13
    Royalty (Item 6)

    Fast-Fix Jewelry and Watch Repairs

    6% or $14,400/yr min
    Royalty Fee
    2025 FDD · Item 6 · PDF p. 11

    Flip Flop Shops John Richey

    5% · note 1) — 5%
    Royalty Fee
    2025 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Fast-Fix Jewelry and Watch Repairs

    2% of percentage of gross sales
    Brand Fund Fee
    2025 FDD · Item 6 · PDF p. 11

    Flip Flop Shops John Richey

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Fast-Fix Jewelry and Watch Repairs

    116
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 33

    Flip Flop Shops John Richey

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Fast-Fix Jewelry and Watch Repairs

    −14
    Calculated: 130 at end of 2022 → 116 at end of 2024

    Flip Flop Shops John Richey

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Fast-Fix Jewelry and Watch Repairs

    6
    Closures, terminations & non-renewals in 2024 · Calculated turnover 4.9% of outlets at start of year
    2025 FDD · Item 20 · PDF p. 33

    Flip Flop Shops John Richey

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Fast-Fix Jewelry and Watch Repairs

    October 1986
    2025 FDD · Item 1 · PDF p. 8

    Flip Flop Shops John Richey

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Fast-Fix Jewelry and Watch Repairs

    1986
    2025 FDD · Item 1 · PDF p. 8

    Flip Flop Shops John Richey

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Fast-Fix Jewelry and Watch Repairs
    Franchised (9 locations) — revenue
    $337,139
    mean Gross Sales
    2025 FDD · Item 19 · PDF p. 32
    Franchised (101 locations) — revenue
    $553,663
    mean Gross Sales
    2025 FDD · Item 19 · PDF p. 32
    Flip Flop Shops John Richey
    Locations counted not stated in the reviewed record — Common retail spaces: malls and strip malls
    42 percent
    other Common retail shops in middle stated sales band
    2025 FDD · Item 19 · PDF p. 41
    Locations counted not stated in the reviewed record — Super-regional malls
    $55,885
    other Super-regional malls average monthly sales
    2025 FDD · Item 19 · PDF p. 42
    Locations counted not stated in the reviewed record — Mixed-use
    $11,326
    other Mixed-use lowest monthly sales
    2025 FDD · Item 19 · PDF p. 42
    +9 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Fast-Fix Jewelry and Watch Repairs vs Flip Flop Shops John Richey: common questions

    Which costs less to open, Fast-Fix Jewelry and Watch Repairs or Flip Flop Shops John Richey?
    Fast-Fix Jewelry and Watch Repairs: $114,700 – $362,500 (2025 FDD · Item 7); Flip Flop Shops John Richey: $182,900 (2025 FDD · Item 7 · PDF p. 17). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Fast-Fix Jewelry and Watch Repairs. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Fast-Fix Jewelry and Watch Repairs and Flip Flop Shops John Richey royalties compare?
    Fast-Fix Jewelry and Watch Repairs: 6% or $14,400/yr min (2025 FDD · Item 6 · PDF p. 11); Flip Flop Shops John Richey: 5% · note 1) — 5% (2025 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Fast-Fix Jewelry and Watch Repairs and Flip Flop Shops John Richey disclose financial performance (Item 19)?
    Fast-Fix Jewelry and Watch Repairs has reviewed Item 19 figures for 2 location groups; Flip Flop Shops John Richey has reviewed Item 19 figures for 12 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching