NextCar vs Novus

Side-by-side FDD data comparison. Sourced from Franchise Disclosure Documents.

NextCar
Automotive
Novus
Automotive
MetricNextCarNovus
Franchise Fee$25,000$10,500
Royalty Rate4.0%6.0%
Ad Fund Rate1.0%2.0%
Min Investment$315K$70K
Max Investment$1.6M$285K
Median Revenue (Item 19)N/A$703K
1-Year Unit Change-23
SBA Default RateN/AN/A
Has Item 19✓ Yes✓ Yes

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