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Novus Glass
 

NOVUS invented windshield repair.

Franchisor Background

Year Established:

  1972

Franchising Since:

  1985

IFA Member



CFA Member



Operating Units:

Franchised Units:243 96%  
Company-Owned Units:10 4%  
 ______ _____  
Total Operating Units:253 100%  
 

Geographic Distribution:

U.S.:540 24.5% In 50 States
Canada:46 2.1% In 8 Canadian Provinces
International:1,620 73.4% In 40 Foreign Countries
 ______ _____  
Total:2,206 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Washington48

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$6.5-115.5K
Total Investment:$20.8-203.5K
Average Total Investment:$112K
 

Fees:

Initial Franchise Fee:$7.5K
Average Franchise Fee:$0K
On-Going Royalty:5-8%
Average Royalty:6%
Advertising Fee:2% of WS. R volume

Average Number of Employees:

   , 1-3 Part-time

Space Needs (in square footage):

   1,000+

Preferred Sites:

   Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

   Mobile Unit

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Not a Member
Size of Corporate Staff:35
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Brochures, Direct Mailers, Radio Ads, Television Ads
Additional Services:None Specified
Other Marketing Support:LAMP - Local Area Marketing Program Available
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Windshield Repair Minneapolis5.5 Days
2. Replacement at Regional Training Center10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:1
Formal Education:3
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:each 10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   8
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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