百大连锁店 – Rank no.61 -新移民致富之路

百大连锁店 – Rank no.61 -新移民致富之路


Top 250 Franchise by Entrepreneur – Rank no.61 – Novus Glass – US

pic 9

 

Products & Services: Auto glass repair & replacement

Number of Locations: 1,625

Total Investment: $31.56K – 134.78K

Founded: 1972

Began Franchising: 1985

About Novus Glass

After having to replace three windshields due to small breaks, inventor Dr. Frank Werner teamed up with chemical engineer Bill Wiele to find a way to repair windshields rather than replacing them. In 1972, Werner partnered with Gerald Keinath, patented his windshield repair system, and designed a business plan to bring it to market. The business, originally called Keinath Inc., was soon renamed Novus (Latin for “new"), and began franchising in 1985.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 279 10 1,319 17
2012 261 126 1,324 10
2011 246 126 1,292 10
2010 223 120 1,272 10
2009 224 156 1,645 9
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $31,570 – $134,795
Franchise Fee: $12,995
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $50,000
Liquid Cash Available: $20,000

OPERATIONS

Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (85% 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: 1 week. At franchisee’s location: 2 weeks. In field : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks,

Franchise Ranking History

Franchise 500®: #61 (2013), #77 (2012), #65 (2011), #89 (2010), #83 (2009),
Fastest-Growing: #89 (2013), #76 (2012),
Low-Cost: #10 (2013), #14 (2012), #15 (2011), #24 (2010), #21 (2009),
Top Home-Based: #11 (2013), #18 (2012), #17 (2011), #24 (2010), #19 (2009),
America’s Top Global: #28 (2013), #69 (2012), #56 (2011), #73 (2010), #69 (2009),