Question 1

How many Novus Glass franchise locations are there?

Accepted Answer

Novus Glass currently has 128 total units, including 128 franchised locations and 0 company-owned locations.

Question 2

Is the Novus Glass franchise system growing or shrinking?

Accepted Answer

Novus Glass has experienced positive net growth of +2.4% over the past year, with a 3-year compound annual growth rate (CAGR) of -4.7%.

Question 3

What is the franchise vs. company-owned ratio for Novus Glass?

Accepted Answer

Novus Glass has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Novus Glass franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Novus Glass had 7 units opened and 2 units closed.