15 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a Novus Global franchise ranges from $53K to $91K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Novus Global is $4K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Novus Global 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Novus Global does not require franchisees to have dedicated real estate (2025 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisNovus Global charges a royalty fee of 23.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Novus Global franchise is approximately 24.8% of gross sales (2025 FDD). This includes the royalty fee, a 1.8% marketing/advertising fund contribution, a $250/month technology fee, and other recurring charges.
View full fees analysisNovus Global has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Novus Global franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisNovus Global offers non-exclusive territory rights to its franchisees (2025 FDD). The franchise agreement does not include encroachment protection. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisNovus Global currently operates 43 locations (2025 FDD) (26 franchised, 17 company-owned). The system grew by 26.5% over the past year. The 3-year compound annual growth rate is 10.3%.
View full growth analysisNovus Global does not include an Item 19 financial performance representation in their FDD (2025 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Novus Global is 6 years (2025 FDD). Franchisees can renew 2 times for 5-year periods. The total potential term is 16 years.
View full contract analysisNovus Global's post-termination non-compete clause lasts 2 years after termination or expiration (2025 FDD).
View full legal analysisYes, Novus Global's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.
View full legal analysisNovus Global provides 80 hours of initial training over approximately 24 weeks (2025 FDD). Ongoing field support is provided on a weekly basis.
View full support analysisNovus Global does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis