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Novus Glass

Windshield repair & replacement

Background

Founded: 1972 Franchising since: 1985
12800 Hwy. 13 S., #500
Savage, Minnesota 55378
Phone:
(800)944-6811/ (952)946-0447

Franchisee Association
International Association of Novus Franchisees

Franchisor is a privately-held company with 40 employee(s); 13 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 224 156 1645 9
2008 239 134 1,652 5
2007 259 126 1,641 0
2006 260 124 1,622 6
2005 326 0 2000 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 119,000 population

Costs and Fees

Total investment: $14.9K-200.3K
Franchise fee: $7.5K
Ongoing royalty fee: 5-8%
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs Yes Yes
Equipment Yes Yes
Inventory Yes No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: 25% of initial investment
Business Experience:
  • General business experience
  • Marketing skills
  • Interested in speaking with those who possess the desire

Operations
  • Franchise can be run from home
  • 35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 3
  • Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5-6 days
  • At franchisee's location: 1 week follow-up
  • 2 weeks at regional center; Advanced training in replacement

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • PR, Web locator, insurance newsletter, brand awareness program

Rankings

Franchise 500® rank:
#83 (2009); #123 (2008); #65 (2007); #122 (2006); #154 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#68 (2007);

Low-Cost Franchises:
#21 (2009); #28 (2008); #19 (2007); #30 (2006); #36 (2005);

Top Home Based Franchises:
#19 (2009); #28 (2008); #15 (2007); #29 (2006); #35 (2005);

America's Top Global Franchises:
#69 (2009); #32 (2008); #40 (2007); #39 (2006); #37 (2005);


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