Novus, SuperGlass and Glass Doctor Named to 2011 Franchise 500 List
December 23, 2010
Several industry companies have again ranked on the annual Franchise 500 list for 2011. These include Novus Glass, Glass Doctor and SuperGlass—all of which ranked last year as well.
Novus Glass was ranked No. 65 on the list, up from No. 89 on the 2010 list. The company also was listed as No. 68 for fastest-growing franchises, No. 15 for low-cost franchises, No. 17 for top home-based franchises and No. 56 for top global franchises. Novus was founded in 1972 and has been franchising since 1985. The company currently has 223 U.S. franchisees, 120 Canadian, 1,272 foreign and ten company-owned.
Orlando, Fla.-based SuperGlass Windshield Repair also was on the rise—ranked No. 161, up from its No. 191 ranking in 2010. SuperGlass also ranked No. 33 for low-cost franchises, No. 44 for top home-based franchises and No. 127 for America’s top global franchises. Founded in 1992, the company has been franchising since 1993 and has franchisees throughout the world—including 244 in the United States, two in Canada and 18 foreign, including locations such as South Africa, Spain, France and Germany. (Click here for a recent inside look at the company’s operations from AGRR magazine.)
Glass Doctor® moved up to No. 167. The company was ranked No. 240 in 2010, No. 277 in 2009 and No. 312 in 2008. The company also ranked No. 97 among fastest-growing franchises, and No. 132 among America’s top global franchises. The Waco, Texas-based company was founded in 1962 and has been franchising since 1981. It currently has 178 U.S. franchisees and 10 Canadian.
The Franchise 500 list is created based on a number of factors, including financial strength and stability, growth rate and size of the company's franchising system, according to Entrpreneur. The publication also considers the number of years a company has been in business, the amount of time that has passed since it began franchising, start-up costs, litigation, termination percentages and whether the company offers financing to its franchisees.
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