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How much does a NOVUS® Franchise cost? The initial investment will range between $43,440 to $190,020 for a NOVUS Glass Repair/Replacement Fixed Retail Franchise. The initial investment will range between $36,900 to $112,850 for a NOVUS Glass Repair/Replacement Mobile Franchise. The initial investment will range between $14,900 to $113,850 for a NOVUS Glass Repair/Replacement Co-Brand License. This initial investment range includes fees for: franchise fee, training, salaries & expenses for up to two (2) people while training, initial equipment, tools, supplies and promotional materials, computer hardware/software, vehicles and beginning inventory. How much is the initial franchise fee? $7,500 Fixed Location or Mobile Franchise $2,500 Co-Brand License How soon can I open my NOVUS business? The time it will take you to begin operating your business will depend upon your ability and desire to complete your decision making as to whether or not a NOVUS Glass franchise is for you. The typical length of time may range between several weeks to several months. Is NOVUS right for me? We have a dedicated staff, which will work to assist you in making an informed decision. Our goal is to provide you with the necessary tools and information, while guiding you through the NOVUS application process. How much money can I make as a NOVUS franchisee? Great question! We suggest that you visit with existing NOVUS franchisees to discuss their experience. The fact is that the amount of money you will make will depend on several factors such as operating cost controls, sales volume, location (area of primary responsibility), and your ability to manage the business. These and other factors may affect the profit that a NOVUS franchisee can expect to earn. How long is the franchise term? 10 years Do we receive training? Yes! You and one additional partner or manager who is responsible for the day-to-day operation will attend core business management training & windshield repair training at our training facility located in Savage, MN. This course will last five and a half days. You and one additional partner or manager will also attend replacement training at one of our designated regional training facilities. This training course will last two weeks. Does NOVUS offer Financing? Generally, our franchise candidates will pursue obtaining the necessary financing through a local bank or through a preferred SBA lender. Additional State Requirements: For New York State Residents: This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. MN Franchise Reg. # F-2934 ©TCG International Inc. 2007 PN# DM1
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