What are Novus franchise royalty fees?

Novus charges a 6% royalty fee on gross sales.

What is the Novus franchise fee?

The initial franchise fee for Novus is $10,500.

How many Novus franchise locations are there?

Location count data for Novus is available in their FDD Item 20.

How much profit does a Novus franchise make?

The median revenue for a Novus franchise is $755K, with a cash-on-cash return of 31.8%, according to FDD Item 19 data.

What is the SBA loan default rate for Novus?

SBA loan default rate data for Novus is not currently available in the SBA database.

Is a Novus franchise worth it?

Whether a Novus franchise is worth it depends on total startup cost, royalty burden, FDD Item 19 economics, SBA loan performance, and local operator execution. FDDIQ compares these signals against similar franchises so buyers can screen the opportunity before paying for diligence.

Scorecard Worth It?History Database Compare Distress Signals

AutomotiveRevenue OnlyItem 19: ✓ DisclosedHigh Confidence · 88/100FDD data: 2023 · Stale

Novus Franchise Cost and Profit

FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Novus.

Based on 2023 FDD · 2 filings in corpus

This page is using 2023 FDD source data. Verify the franchisor's current FDD before relying on costs, fees, or Item 19.

FranchiseIQ Score

Moderate-Low Risk

Composite score from 3 risk dimensions. Click for breakdown ↓

Health Score

C+

68/100

5/7 metrics · High confidence

Full analysis unlocks:

✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises

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Cost and profit at a glance

How much does a Novus franchise cost and make?

Based on FDDIQ's FDD corpus, a Novus franchise shows an estimated initial investment of $59K – $274K. Reported owner economics show $53K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.

Startup Cost

$59K – $274K

Total initial investment

Profit / Revenue

$53K

FDD Item 19 signal

Payback Signal

3.1 years

Modeled return metric

SBA Default Rate

No matched SBA history

Loan repayment history

Compare franchise costs →Estimate franchise ROI →Check SBA default rates →Browse Automotive franchises →Compare similar franchises →

Quick fee read: $11K franchise fee · 8% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.

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The unlocked report ties this brand's FDD disclosures to SBA outcomes, Item 20 movement, fee load, missing-data labels, and buyer assumptions — so you can decide whether this is worth deeper diligence.

FDD disclosure qualitySBA default outcomesItem 20 unit movementFee/cost stressComparable brands

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Novus Franchise Analysis

Novus requires a total initial investment of $59K to $274K (midpoint approximately $166K), with an initial franchise fee of $11K. The ongoing fee burden is 8% (6% royalty plus 2% advertising fund). This is below the industry average of approximately 15.5%, leaving more margin for the operator.

According to Item 19 of the 2023 FDD, the median revenue for Novus locations is $755K. The implied franchisee EBITDA is approximately $53K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 31.8% with a payback period of approximately 3.1 years.

Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.

Analysis based on 2023 FDD filing. FDDIQ Editorial Team · Methodology

Total Investment Range$59K – $274K

MinMid: $166KMax

Key Metrics

Franchise Fee

$11K

Royalty Rate

Ad Fund Rate

Total Burden

8.0%

Royalty + ad fund

Units (2023)

+3 vs prior yr

Net Unit Growth

→ 2.0%

Year over year

Cash-on-Cash Return

31.8%

Annual estimated return

Payback Period

3.1 yrs

Break-even timeline

SBA Default Rate

~3–8%

Fewer than 50 loans on record

Median Revenue

$755K

Item 19 disclosed

Premium Data

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CoC ReturnPayback PeriodSBA Default RateMedian RevenueEbitda MarginRisk Score

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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Novus vs. Automotive Average

MetricNovusAutomotive Avg

SBA Default Rate - 7.2%

Cash-on-Cash Return31.8%▲15.5%

Total Investment$166K$250K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Compare

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Questions to Ask Before You Sign

5 data-driven questions every Novus franchise buyer should ask.

Generate attorney questions for Novus →Validation call guide →

Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.

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