Novus GlassFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Novus Glass franchise requires a total initial investment of $70K – $285K, including a $11K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $352K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $70K – $285K
- 6th pct Automotive
- Avg gross sales
- $352K
- 3rd pct Automotive
- Royalty
- 6.0%
- 8th pct Automotive
- Units
- 123
- 25th pct Automotive
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Automotive · color = vs category peers
Green = >15% above Automotive avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 125 to 27 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $70K – $285K including a $11K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $352K/year (median $300K).
- Verdict A (Top Quintile) with a risk score of 46/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Novus Franchising 2 LLC
- Parent company
- Mondofix USA LLC
- Ultimate parent
- Mondofix Inc.
- Incorporated in
- DE
- HQ
- 999 Vanderbilt Beach Road, Suite 506, Naples, FL 34108
- Auditor
- Ernst & Young LLP
- Audited financials
- Franchisor revenue
- $5.8M
- vs $6.4M prior year
Affiliated brands
- licensees
- of ours
- of ours that
- licenses to us
- TAG Network USA
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Novus Glass franchisees operate automotive glass repair and replacement services, including windshield damage repair, full glass replacement, and related services. Day-to-day operations involve scheduling mobile service visits, managing technician teams, handling customer billing/insurance claims processing, and maintaining service vehicles. Business model relies heavily on insurance referral partnerships and mobile field service execution.
- CEO
- Steve Leal
- Headquarters
- FL
- Founded
- 2017
- FDD year
- 2026
- States available
- 38
FDD Item 7 · 2026 filing · 37 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $11K | $11K | |
| Initial Training Feenot refundable | $14K | $14K | |
| Salaries and Expenses For 2 Persons to Attend Required Trainingnot refundable | $3K | $9K | |
| First Month's Rentnot refundable | $1K | $4K | |
| Leasehold Improvements/Redecorationnot refundable | $3K | $40K | |
| Furniture and Fixturesnot refundable | $0 | $25K | |
| Exterior Building Signagenot refundable | $5K | $10K | |
| Vehiclenot refundable | $4K | $50K | |
| Vehicle Shipping or Delivery Feenot refundable | $0 | $2K | |
| Equipment Packagesnot refundable | $14K | $26K | |
| Additional Tools and Suppliesnot refundable | $1K | $3K | |
| Inventory and Suppliesnot refundable | $0 | $10K | |
| Software Packagenot refundable | $3K | $3K | |
| Calibration Packagenot refundable | $0 | $12K | |
| Franchise Identification Packagenot refundable | $3K | $4K | |
| Initial Marketing Start-up Packagenot refundable | $7K | $7K | |
| Initial Advertising Campaign Expendituresnot refundable | $0 | $5K | |
| Insurance Premiumsnot refundable | $6K | $10K | |
| Professional Feesnot refundable | $0 | $3K | |
| Security Depositsnot refundable | $0 | $3K | |
| Total initial investment | $160K | $454K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$60K
17.0% margin
Unlevered ROIC
30%
EBITDA / total invested capital
Payback
3.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $70K – $285K
- Better than avg vs category
- Liquid capital req'd
- $5K – $35K
- Better than avg vs category
- Franchise fee
- $11K – $11K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $8K |
| Renewal fee | $4K |
| Inventory (initial) | $0 – $10K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $352K
- Per unit, per year
- Median gross sales
- $300K
- Item 19 type
- gross_sales
- Sample size
- 65 units
- vs category median 70
- Range (low → high)
- $13K→$1.7M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 221 Automotive brands
vs Automotive averages
How Novus Glass Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 123
- Opened
- 4
- Last reporting year
- Closed
- 9
- Turnover rate
- 7.3%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -3.9%
- Net unit change last year
- 3-yr CAGR
- -1.6%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 1
- Terminated (3yr)
- 9
- Non-renewed (3yr)
- 18
- Transfers (3yr)
- 7
- Reacquired (3yr)
- 0
- Franchisor bought back
- Termination rate
- 21.6%
- Franchisor-initiated terminations
- Ceased ops
- 0.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 7 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 7
- Loan volume
- $1.7M
- Median loan
- $180K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Novus Glass's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 5 states
- Startup risk premium and job creation velocity
- 6-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Novus Glass presents caution-level risk due to system contraction, undisclosed profitability data, affiliate litigation, and high capital requirements relative to uncertain returns.
Litigation (Item 3)
1 case reference(s): 0 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Ernst & Young LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 46 / 100 rating
- 01MINORUnit count declining 3.9% YoY (123 total units) suggests system contraction and potential market saturation
- 02MEDNet income not disclosed in Item 19 prevents ROI validation; only average revenue of $351,734 provided without profitability context
- 03HIGHActive litigation involving affiliate ProColor Collision USA LLC for sexual harassment and wrongful termination raises HR/culture concerns across related entities
- 04MINORHigh investment range ($69,500–$284,690) with 6% royalty creates breakeven pressure if actual net margins are below 12–15%
- 05MINOR10-year term locks franchisees into relationship during declining unit growth period with no profitability guarantees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Zip codes |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 1 |
View Item 3 litigation summary
1 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 62 hrs
- On-the-job training
- 62 hrs
- Training location
- On-site at franchisee's restaurant
- Site selection
- franchisee
- Franchisor financing
- Offered
- Item 10
- POS system
- Novus proprietary POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Novus proprietary POS
Item 20 · call current owners
Franchisee Contacts
15 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Novus Glass · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Novus Glass franchise?
The total investment to open a Novus Glass franchise ranges from $70K – $285K, with an initial franchise fee of $11K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Novus Glass franchise owners earn?
According to Item 19 of the Novus Glass FDD, the average gross sales per unit is $352K. The median is $300K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Novus Glass's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Novus Glass (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Novus Glass franchise locations are there?
As of their most recent FDD filing, Novus Glass has 123 total units in the United States, including 125 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is Novus Glass a good franchise to buy?
FranchiseVerdict rates Novus Glass as a A-grade franchise with a risk score of 46 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.