|
Below is an in-depth analysis and side-by-side comparison of Novus Auto Glass vs Brake King including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $55,000 - $264,190 | $121,750 - $277,533 |
Franchise Fee | $10,500 | $50,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | 5% Local 2% Nat'l |
Year Founded | 1972 | 1966 |
Year Franchised | 1985 | 0 |
Term Of Agreement | 10 years | 5 Years +5+5+5 |
Term Of Agreement | 10 years | 5 Years +5+5+5 |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: In field | You will spend 4 weeks worth of training at one of our selected classroom locations. We will introduce you to the history of the company, conduct training on our way of doing business, hold lectures from industry professionals and introduce you to our professional team of vendors who are there to supply you with the best supplies in the automotive business. The Brake King Team will then culminate the training with on-the-job experience at our corporate store. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Franchisee Intranet Platform | *Pre-opening training support *Grand Opening Support *Operational support *Marketing Support |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | A huge part of the Brake King brand is the innovative and aggressive way that we market ourselves. Through television, radio, internet and direct mail, Brake King USA is committed to developing advertising campaigns that are aimed at separating ourselves from the rest of the automotive industry. |
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 | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | 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
Sam Hutchison opened Brake King in 1966 on Jefferson Avenue in Newport News, VA. Under Sam's leadership, Brake King quickly grew from 10 to 18 service bays, becoming the largest automotive repair facility in Hampton Roads. Following Sam's passing in 1977, his son Randy took over the business that he had been working in for most of his life. Even though by this time Brake King had become a staple in the Newport News community, Randy set out to mold it into something larger. He added yet 2 more service bays to the already impressive facility and set out on a mission to offer the quickest possible service for the absolute lowest prices. With this business plan in place, over the next 2 decades Brake King became an institution in Southeast Virginia. It is not only known for its quick service and low prices, but for its knowledgeable and friendly technicians who assist the customer throughout the entire repair process. It's this close relationship between the customer and the person that is actually working on their vehicle that truly sets Brake King apart. All of this, along with Brake King's 3 key principles of honesty, integrity, and over the top customer service has allowed Brake King to become the preeminent family owned automotive repair facility in the state of Virginia. Since 1966, Brake King has serviced over 500,000 vehicles from its one location and now currently has 30,000 customers in its growing database. Brake King customers travel from as far south as North Carolina and as far north as Washington DC to experience the difference.