Question 1

How many Novus Global franchise locations are there?

Accepted Answer

Novus Global currently has 43 total units, including 26 franchised locations and 17 company-owned locations.

Question 2

Is the Novus Global franchise system growing or shrinking?

Accepted Answer

Novus Global has experienced positive net growth of +26.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +10.3%.

Question 3

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

Accepted Answer

Novus Global has a franchise ratio of 60%, meaning 60% of all units are franchisee-owned.

Question 4

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

Accepted Answer

In the most recent reporting year (2024), Novus Global had 31 units opened and 22 units closed.