Kiplinger Names Novus Glass as a Top Low-Cost Franchise with Great Growth Potential

Kiplinger recently named six “Low-Cost Franchises with Great Growth Potential” and reaching the top of the list is Novus Glass.

“Thinking of starting your own business?” asks Gillian B. White, a writer for Kiplinger. “Opening a franchise of an established and successful service business can be a good way to navigate the many challenges of entrepreneurship.”

The first franchise on the site’s list is Novus Glass, with five-year growth of 31 percent from 2008 to 2013. The franchise fee cited was $34,070 and covers marketing costs. The firm also charges continuing 8 percent royalty fees, and franchisees to want to run a mobile business are required to buy a van, according to Kiplinger.

“Total initial investment in a franchise tops $44,000,” according to Kiplinger.

“Cracks and chips in car windshields happen a lot. This Savage, Minn.-based operation trains franchisees in the art of replacing and repairing one of the most critical parts of a car. Franchisees receive hands-on training in automotive glass replacement, business management, advertising and marketing,” White writes.

“Franchisees have the option of running the business from a bricks-and-mortar location or solely as a mobile business—going to the customer to fix the windshield,” she continues. “Existing automotive shops can also diversify their business by adding windshield repair services via the Novus Affiliate License program.”

This article is from glassBYTEs™, the free e-newsletter that covers the latest auto glass industry news. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to Auto Glass Repair and Replacement (AGRR) magazine in print or digital format are available. Subscribe at no charge HERE.

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