Novus Glass Franchise Profile

The Novus Glass franchises are retail or mobile businesses that provide the public with high-quality automotive glass, commercial and residential glass repair and replacement services, and certain other automotive after-market products and services under the Trademark name Novus.

This brand offer franchise opportunities under the legal name of the company ”Novus Franchising 2 LLC.” whose principal business address is 650 Pelham Boulevard, Suite 100, St. PaulMN 55114, USA.


Franchise Legal Name: Novus Franchising 2 LLC


Franchise Trade Name (DBA): Novus, Novus Glass


Founded:1972, United States of America


Founder: Gerald Keinath


Current Owner: MONDOFIX INC.


CEO: Steve Leal


Operating Status: Active


Started Franchising: 1985


Industry:  Automotive Maintenance


The Total Number of Franchise Units Worldwide:  2,013


The Number Of Franchisee-Owned Units in the USA: 163


Investment Cost for Starting One Franchise Unit in USA:

  • $78,100 to $271,690 for a retail location
  • $57,600 to $157,490 for mobile store location

Average Gross Sales per One Franchise Unit:

  • $312,259 for mobile franchises in 2021
  • $674,284 for a stand-alone franchise location in 2021

Expected Franchise Owner Profit Margin From Gross Revenue:

N/A


Franchise Business Address:

  • 650 Pelham Boulevard, Suite 100 St. PaulMN 55114 USA

Website: Franchise Opportunities | Novus Glass


Phone: (800) 944-6811


Email: info@novusglass.com


Novus Glass Franchisee Initial and Ongoing Financial Requirements


Net Worth: $40,000


Liquid Assets/Cash Requirement: $40,000


Initial Fee Cost: $10,500


Ongoing Monthly/Weekly Franchisee Royalty Fees:

  • Franchisor Royalty Fee: 6% of Gross Revenue
  • Advertising Contribution Fee: 2% of Gross Revenue
  • Local Advertising Fee: 4% of Gross Revenue

Number of U.S. – Based Novus Glass Stores by Years


  • In 2023, there were 2,013 Novus Glass stores opened worldwide; 163 of them were U.S-based franchisee-owned locations

  • In 2022 there were 154 of this brand’s franchised stores operating in the USA

  • In 2021 Novus had 165 stores operating in the USA

  • In 2020 there were 174 of these repair glass stores presented on the U.S market


Novus Glass Average Annual Gross Sales Level per One Franchise Unit


  • In 2021 average earning mobile store Novus Glass franchise has made $312,259 of gross revenue, and $674,284 of gross revenue is an average in the same fiscal year for a stand-alone franchised location based in the USA.

Executives


Steve Leal was appointed as a Novus Glass Chief Executive Officer and President in April 2017


Daniel Hogg was appointed as Chief Financial Officer in April 2017


Ted D. Andersen become a Vice President of Franchising and Operations in May 2017


Mary N. Nelson has been a Novus Marketing Manager since May 2017


Jay L. Bickford was appointed as a Director of Training and Development of Mondofix in January 2021


Info Resources About Novus Glass Franchised Business

 

Written by:

Stuart MacPherson

Hi, I'm Stuart. I've been running my own small business since 2019 after leaving a successful career in finance. I created FranchiseTheory to share my enthusiasm for franchising and the franchise business model.

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