Novus Glass Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Novus Glass is an automotive franchise specializing in windshield repair and auto-glass replacement, often mobile. Franchisees run a service operation handling appointments, insurance work, and repairs in a territory.
FranchiseVerdict summary · 2026
A Novus Glass franchise requires a total initial investment of $90K – $285K, including a $11K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $352K[2]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $90K – $285K
- 11th pct Automotive
- Avg gross sales
- $352K
- Outlet subset2nd pct Automotive
- Royalty
- 6.0%
- 15th pct Automotive
- Units
- 123
- 33rd pct Automotive
- SBA charge-off
- N/A
Quick verdict · Automotive · color = vs category peers
Green = favorable by >10% vs Automotive avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $90K – $285K including a $11K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $352K/year (median $300K) (reported for a subset of outlets rather than the whole system).
- RISKVerdict B (Above average), verdict score 68/100 (higher is better).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Novus Franchising 2 LLC
- Parent company
- Mondofix USA LLC
- Ultimate parent
- Mondofix Inc.
- Predecessor
- Novus Franchising, Inc. (NFI)
- Prior franchisor entity
- CEO title
- President
- Steve Leal
- Incorporated in
- DE
- HQ
- 999 Vanderbilt Beach Road, Suite 506, Naples, FL 34108
- Auditor
- Ernst & Young (member firm, Montreal, Canada)
- Audited financials
- Franchisor revenue
- $6.6M
- 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
- CEO
- Steve Leal
- Headquarters
- FL
- Founded
- 2017
- FDD year
- 2026
- States available
- 14
Can you afford it, and what does the money buy?
Entry cost runs 79% below the typical automotive franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown37 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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $90K – $285K
- Top 40% of category vs category
- Liquid capital req'd
- $17K – $35K
- Top 40% of category vs category
- Franchise fee
- $11K – $11K
- Top 40% of category vs category
- Royalty
- 6.0%
- 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 |
| Technology fee | $250 |
| Training fee | $14K |
| Transfer fee | $8K |
| Renewal fee | $4K |
| Inventory (initial) | $0 – $10K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 75% below the automotive norm.
Reported for a subset of outlets rather than the whole system
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Novus Glass until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$213K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one Novus Glass unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Reported for a subset of outlets rather than the whole system
- Avg gross sales
- $352K
- Per unit, per year
- Median gross sales
- $300K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- Gross Sales by segment (mobile vs. retail, single vs. multi-unit)
- Sample size
- 30 outlets
- vs category median 70 · small
- Range (low → high)
- $13K→$1.7M
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 167 Automotive brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $352K/year in gross sales. Revenue-to-investment ratio: 1.9x. Reported for a subset of outlets rather than the whole system.
Fee burden
Total ongoing fee load of 8.0% (near the Automotive average).
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System roughly stable (-1.6% 3-year CAGR) with 123 units.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Automotive averages
How Novus Glass Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 123
- Opened
- 4
- Last reporting year
- Closed
- 9
- Terminated
- 5
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 7.3%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -1.6%
- Net unit change over 3 years
- 3-yr CAGR
- -1.6%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 4
- Closed (3yr)
- 3
- Terminated (3yr)
- 5
- Non-renewed (3yr)
- 1
- 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 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 16
- Loan volume
- $2.7M
- Median loan
- $180K
- 50th percentile
- Charge-off rate
- N/A
- no resolved loans yet — rate needs a terminal outcome
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 1
- Typical loan rate
- 7.4%
- avg rate to borrowers
- Franchised industry avg
- 23.5%
- n=182 loans
- Jobs supported
- 30
- 1.7 per loan
- Lender concentration
- 43%
- top lender's share
Borrower mix: 29% went to startups / new businesses, 71% to established operators
Franchise vs independent — in automotive glass replacement shops, franchised businesses charge off at 23.5% vs 20.5% for independents — franchising is associated with 15% higher SBA default risk in this category.
Top lenders financing Novus Glass franchisees
Showing 3 of 5 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
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.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
Sara Roos v. ProColor Collision USA LLC, Orange County CA Case No. 30-2024-01438351-CU-WT-CJC. Former employee alleges wrongful termination and harassment (11 claims). Motion for summary judgment filed March 2026; trial set July 2026.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Ernst & Young (member firm, Montreal, Canada)
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 68 / 100 verdict
- 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
- 04MINOR10-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
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 120,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Arbitration location | Mediation at least 200 miles from either party's offices; litigation in Collier County, Florida |
| Jury trial waiver | No |
| Governing law | FL |
| Litigation count | 1 |
View Item 3 litigation summary
Sara Roos v. ProColor Collision USA LLC, Orange County CA Case No. 30-2024-01438351-CU-WT-CJC. Former employee alleges wrongful termination and harassment (11 claims). Motion for summary judgment filed March 2026; trial set July 2026.
Items 10, 11
Training & Operations
- Classroom training
- 62 hrs
- On-the-job training
- 62 hrs
- Training location
- Online, St. Paul MN office, Regional Training Centers (CA, AL, IA, CO)
- Ongoing training
- Required
- Field support
- 80 hrs/yr
- On-site visits per year
- Time to open
- 3 mo
- From signing to launch
- Site selection
- Franchisee with franchisor input/approval
- Franchisor financing
- Offered
- Item 10
- POS system
- Novus proprietary POS and accounting software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Novus proprietary POS and accounting software
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 $90K – $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. Important context: Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the Novus Glass FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Novus Glass FDD and qualifies whose outlets they describe.
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 123 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 B-grade franchise with a verdict score of 68 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
Are you the franchisor?
If you represent Novus Glass, you can request corrections or provide updated information.
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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.