Novus FDD Summary
Type of Business
The franchise offered is for the operation of a retail or mobile business that provides 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 name Novus. They also offer an affiliate license to existing automotive related business and non-automotive glass businesses that want to add Novus Glass Repair and Replacement products and services to the products and services they already offer. In the case of an existing automobile and/or truck dealership business, this affiliate license is referred to as an “Auto Dealer license Agreement”.
Corporate Information
Novus Franchising, Inc. was incorporated under the laws of Washington in December 1993 under the name TAF Franchising, Inc and its corporate name was changed to Novus Franchising, Inc on December 13, 1993. Their offices are located at 12800 Highway 13 South, Suite 500, Savage, Minnesota 55378. They do business under the names “Novus”, and “Novus Franchising” and “Novus Glass.”
Investment
The total investment necessary to begin operation of a stand-alone retail location franchise ranges from $51,275 to $222,000. This includes $24,575 to $41,600 that must be paid to us or our affiliates. The total investment necessary to begin operation of a stand-alone mobile franchise ranges from $45,775to $134,800. This includes $25,075to $31,300 that must be paid to us or our affiliates. If you acquire a Novus “affiliate” license, the total investment necessary to begin operation will range from $15,400 to $72,600, including $11,800 to $23,900, that must be paid to us or our affiliates.