|
Below is an in-depth analysis and side-by-side comparison of Novus Auto Glass vs Creative Colors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $55,000 - $264,190 | $179,125 - $266,650 |
Franchise Fee | $10,500 | $49,500 |
Royalty Fee | 6% | 7.5% |
Advertising Fee | 2% | 1% |
Year Founded | 1972 | 1980 |
Year Franchised | 1985 | 1991 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2.5K | up to 20% of current fee |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | No/Yes |
Start-up Costs | Yes/Yes | No/Yes |
Equipment | Yes/Yes | No/Yes |
Inventory | Yes/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: In field | Franchisee must participate in an initial training and familiarization course of three weeks duration held in Mokena, IL. You'll learn sales and marketing techniques, financial controls, upholstery coloring, restoration and repair methods, and other administrative and operational aspects of the Creative Colors International business. In addition, a Creative Colors International field representative will spend one week with you in your territory around the time your business commences operations to help you get started. On-The-Job Training: 40+ hours Classroom Training: 120+ hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Franchisee Intranet Platform | As a Creative Colors International franchise owner, you'll receive periodic visits from a trained field representative, who will provide guidance and quality control, and answer any questions you may have. In addition, you will receive a copy of the Creative Colors International Confidential Operations Manual, Training Manual and Employee Manual, which covers the policies and procedures involved in running your business. As the manuals are updated, revisions will be made available to you. And, of course, we'll be only a phone call away for answers to questions that arise during the day-to-day operation of your franchise, as well as having our Intranet available 24/7. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | Regional advertising |
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 |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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