Midas vs Novus Auto Glass Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Midas vs Novus Auto Glass including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Midas Franchise
Novus Auto Glass Franchise
Investment $198,650 - $539,512$55,000 - $264,190
Franchise Fee $35,000$10,500
Royalty Fee 10%6%
Advertising Fee included2%
Year Founded 19561972
Year Franchised 19561985
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee 50% of franchise fee$2.5K


Business Experience Requirements
 
Midas Franchise
Novus Auto Glass Franchise
Experience
  • General business experience
  • Financially capable

  • General business experience
  • Marketing skills
  • Interested in speaking with those who possess the desire
    		•

    Financing Options
     
    Midas Franchise
    Novus Auto Glass Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/NoYes/Yes
    Equipment No/NoYes/Yes
    Inventory No/NoYes/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Midas Franchise
    Novus Auto Glass Franchise
    Training - On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: In field
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
    Operations 50% of all franchisees own more than one unit

    Number of employees required to operate - 9

    Absentee ownership of franchise is NOT allowed.

    		 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

    Expansion Plans
     
    Midas Franchise
    Novus Auto Glass Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Midas

    In 1956 Nate H. Sherman founded Midas to service mufflers and other exhaust system parts. Within a year, 100 Midas shops had been opened in 40 states. Today, Midas services shock absorbers, brakes, tires, batteries, radiators and heating and cooling systems. The company also manufactures and distributes parts for brakes, steering-suspension, muffler and exhaust systems.

    "Top  ""  "Entrepreneur
    #84 in Canada's Top franchises.

    "franchiserankingscom"
    #62 on Franchise Rankings.com
    #199 in Franchise 500 for 2020.
    #111 in Franchise 500 for 2021.







    About Novus Auto Glass

    NOVUS Glass is an inviting spot for everybody considering beginning a private venture or adding the NOVUS Glass System to their current business. Is it accurate to say that you are searching for a business that gives you moment believability? As the biggest establishment mark in our class, our franchisees will disclose to you that our image acknowledgment alone draws in clients.

    NOVUS Glass gives various roads to showcasing and publicizing. Notwithstanding our National 800 employment referral and a dynamic deals compel, we have a total publicizing toolbox that guarantees consistency from market to showcase. This incorporates an expansive radio, print and TV library, and in addition vehicle representation and marked attire. Incline more >

    Ventures to Ownership

    Investigate the procedure that conveys you nearer to owning your own particular NOVUS Glass establishment.

    All alone or through fund alternatives, we will help you understand your dream.

    We are searching for roused, dedicated people who are prepared to start a new business for themselves and receive the rewards that a NOVUS Glass establishment brings to the table.

    Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe    

    Veteran Incentives  $1,000 off franchise fee
    "Top  ""   "Entrepreneur
    #124 in Canada's Top franchises.
    #116 in Franchise 500 for 2020.
    #140 in Franchise 500 for 2021.