Question 1

How much does it cost to open a Novus Global franchise?

Accepted Answer

The total initial investment for a Novus Global franchise ranges from $53K to $91K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Novus Global franchise fee?

Accepted Answer

The initial franchise fee for Novus Global is $4K.

Question 3

What are the net worth requirements for a Novus Global franchise?

Accepted Answer

Net worth requirements for Novus Global are specified in the Franchise Disclosure Document.

Question 4

Does Novus Global require a personal guarantee?

Accepted Answer

Yes, Novus Global requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Novus Global franchise?

Accepted Answer

Equipment costs for a Novus Global franchise range from $2K to $5K.