Fast Fix to fix in Hungary
Thursday, June 30, 2005, 00:09
American franchise network Fast Fix plans to establish a 15-25 unit chain in Hungary, CEO Marvin Biltis told business daily Világgazdaság. The 21 year old enterprise dealing with clock / watch and jewellery repair has 141 outlets in North America and last year services amounted to nearly USD 43 million. At present the company is studying the Hungarian market, with special focus on busy shopping malls. They are looking for so-called master franchise, who will source further franchisees for the company. First repair shop is to open next year. The entire investment is estimated at USD 150-170,000.