Franchise 500HomebasedLow Cost Top NewFast GrowingTop GlobalBiz OpportunitiesFranchises for Sale
Next
77/500
Back

Novus Glass

2012 Franchise 500
#77
At a Glance

Products & Services: Auto glass repair & replacement, accessories

Number of Locations: 1,663

Total Investment: $15.4K - 206.8K

Founded: 1972

Began Franchising: 1985

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 235 126 1,292 10
2010 223 120 1,272 10
2009 224 156 1,645 9
2008 239 134 1,652 5
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $15,400 - $206,800
Franchise Fee: $2,500 - $10,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $5,200 - $50,875
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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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

Franchise Ranking History

Franchise 500®: #77 (2012), #65 (2011), #89 (2010), #83 (2009), #123 (2008),
Fastest-Growing: #76 (2012),
Low-Cost: #14 (2012), #15 (2011), #24 (2010), #21 (2009), #28 (2008),
Top Homebased: #18 (2012), #17 (2011), #24 (2010), #19 (2009), #28 (2008),
America's Top Global: #69 (2012), #56 (2011), #73 (2010), #69 (2009), #32 (2008),

Related Franchises

Franchise Search

Find Franchise Opportunities for Sale

Featured Franchises For Sale

More Franchise Opportunities »

Buy a Business or Franchise with Your Retirement Funds

Use IRA and 401(k) funds to start a business or Franchise - No Tax penalties
Click HERE for More Info

Guidant Financial
Channels
StartupsRun & GrowMoneyMarketingTechnologyFranchisesThe 'TrepsAnswersMagazineVideo
Company
AdvertiseContact UsStaff and ContributorsReprints & PermissionsPrivacySite Map
Special Reports
Women EntrepreneursSmall Business ComebacksCoaches CornerTax CenterTop CollegesFinding a Business
More
BookstoreClassifiedsDaily DoseSecondAct.comYoung EntrepreneursEn EspanolCommunityBusiness FormsTools & Services
Subscribe
Subscribe to EntrepreneurFind Us on FacebookFollow Us on TwitterGet NewslettersRSS Feeds
Download the App
Download the app for your iPhone or iPadDownload the app for your AndroidDownload the app for your Blackberry
News Partners
Copyright © 2012 Entrepreneur Media, Inc. All rights reserved.