Entrepreneur Magazine recently released its 42nd annual list of top 500 franchises, and five companies related to the auto glass industry landed a spot this year—Matco Tools, MacTools, Novus Glass, Ziebart and Glass Doctor.
No. 50 – Matco Tools
Initial Investment: $78,082 – $274,327
Total amount of Units: 1,809
President: Timothy Gilmore
The Ohio-based company, which is a subsidiary of Fortive Corporation, was founded in 1979 and began franchising in 1993, according to Entrepreneur. The franchise manufactures and distributes automotive repair tools, diagnostic equipment and toolboxes.
No. 85 – Mac Tools
Initial investment: $131,621 – $287,240
Total amount of units: 1,123
President and general manager: Phil Cox
Originally named the Mechanics Tool and Forge Company when the company was founded in 1938, Mac Tools sells automotive tools and equipment. The company began franchising in 2011 and is a division of Stanley Black & Decker Inc. Prior to becoming a franchise, the company offered distributorships.
No. 140 – Novus Glass
Initial investment: $55,000 – $264,190
Total amount of units: 2,053
CEO: Steve Leal
After having to replace three windshields due to small breaks, inventor Dr. Frank Werner teamed up with chemical engineer Bill Wiele to find a way to repair windshields rather than replacing them. The franchise, a FIX Auto World company, was founded in 1972. The business, originally called Keinath Inc., was soon renamed Novus (Latin for new), and began franchising in 1985.
No. 323 – Ziebart
Initial investment: $297,800 – $469,100
Total amount of units: 387
CEO: Thomas Wolfe
The company began franchising in 1962 and was founded in 1959 by Kurt Ziebart, a German auto mechanic, in Detroit, Mich. Today, the company provides a variety of auto detailing services including auto glass repair, window tinting and paint protection film (PPF), as well as fabric and rust protection.
No. 372 – Glass Doctor
Initial investment: $132,300 – $275,500
Total amount of units: 173
Brand president: Brad Roberson
Glass Doctor, based in Waco, Texas, was established in 1962 and began franchising in 1977.
The franchise, which is a subsidiary of Neighborly, formally known as the Dwyer Group, offers glass replacement, service and repair to the automotive, residential and commercial markets.
Entrepreneur comprises its list using a precise formula involving several key pillars: costs and fees, size and growth, support, brand strength and financial strength and stability.