Start-Up Costs and Fees |
||
| Novus Auto Glass | Lentz U.S.A. Service Centers | |
| Investment | 55000 - 264190 | 114000 - 130000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | to 7% |
| Advertising Fee | 2% | |
| Year Founded | 1972 | 1983 |
| Year Franchised | 1985 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Novus Auto Glass | Lentz U.S.A. Service Centers | |
| Experience | General business experience Marketing skills Interested in speaking with those who possess the desire | Marketing skills |
Financing Options |
||
| Novus Auto Glass | Lentz U.S.A. Service Centers | |
| Franchise Fees | Yes | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Novus Auto Glass | Lentz U.S.A. Service Centers | |
| Training | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: In field | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Franchisee Intranet Platform | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | Ad slicks |
| Operations | Franchise can be run from home. 35% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) Number of Employees Required to Run: 1 | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Novus Auto Glass | Lentz U.S.A. Service Centers | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Franchise Fee | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Royalty Fee | |
| Novus Auto Glass | 6% |
| Lentz U.S.A. Service Centers | to 7% |
| Advertising Fee | |
| Novus Auto Glass | 2% |
| Lentz U.S.A. Service Centers | |
| Year Founded | |
| Novus Auto Glass | 1972 |
| Lentz U.S.A. Service Centers | 1983 |
| Year Franchised | |
| Novus Auto Glass | 1985 |
| Lentz U.S.A. Service Centers | 1989 |
| Term Of Agreement | |
| Novus Auto Glass | 10 years |
| Lentz U.S.A. Service Centers | 10 years |
| Renewal Fee | |
| Novus Auto Glass | $2.5K |
| Lentz U.S.A. Service Centers | 25% of original fee |
Business Experience Requirements |
|
| Experience | |
| Novus Auto Glass | General business experience Marketing skills Interested in speaking with those who possess the desire |
| Lentz U.S.A. Service Centers | Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Novus Auto Glass | Yes |
| Lentz U.S.A. Service Centers | Yes |
| Start-up Costs | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Equipment | |
| Novus Auto Glass} | |
| Lentz U.S.A. Service Centers | |
| Inventory | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Receivables | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Payroll | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
Training & Support |
|
| Training | |
| Novus Auto Glass | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: In field |
| Lentz U.S.A. Service Centers | |
| Support | |
| Novus Auto Glass | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Lentz U.S.A. Service Centers | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Novus Auto Glass | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app |
| Lentz U.S.A. Service Centers | Ad slicks |
| Operations | |
| Novus Auto Glass | Franchise can be run from home. 35% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) Number of Employees Required to Run: 1 |
| Lentz U.S.A. Service Centers | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| Canada Expansion | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |
| International Expansion | |
| Novus Auto Glass | |
| Lentz U.S.A. Service Centers | |