🍟09/12/24 – This Franchise Has Been Thriving Since the 70s — Here’s Why
FRANCHISE OF THE WEEK
Novus Glass
Fast Facts
Background
- HQ: St. Paul, MNÂ
- Founded in 1972, franchising since 1985
- Novus Glass is a retail or mobile business that provides automotive glass, commercial and residential glass repair, and replacement services.
Location Trends
Franchise Fees
- Royalty: 6%
- Brand Fund: 2%Â
- Franchise Fee: $10,500
Financial Overview
- The below table discloses information on 43 franchises with 1 mobile repair and replacement franchise that were open and operating for the full 2022 calendar year.
The Wolf’s Take 🍟
If you’re looking at NOVUS Glass as a franchise opportunity, it’s a well-established brand. They’ve been franchising since the mid-80s, so they’ve got some history. Their model gives you flexibility—it can be a retail storefront or a mobile business, which is huge in terms of versatility.
Plus, with automotive, commercial, and residential glass repair and replacement services, there’s a steady demand in multiple sectors.
The financials aren’t too intimidating either. A $10,500 franchise fee is pretty reasonable, and with royalties at 6% and a brand fund contribution of 2%, you’re not looking at excessive ongoing costs.
Given their established brand and strong support system, there’s real potential to tap into a proven business model. All in all, I’d say NOVUS Glass offers a solid opportunity if you’re looking for a franchise that blends flexibility, support, and potential for growth.
Resources
SMB TWEET OF THE WEEK
Avoiding Shiny Knowledge Syndrome – Neil Patel
Neil Patel posted a great reminder for those of us working hard to keep small business momentum going.
Businesses are built and grown off the boring, unsexy work that a lot of folks have resistance to doing. A book or social post will only get you so far and there’s a time and a place to utilize those resources.
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