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AutomotiveRevenue OnlyItem 19: ✓ DisclosedQuality: 100/100

Novus

Based on 2025 FDD · 9 filings in corpus

FranchiseIQ Score
69
B
Moderate-Low Risk
Composite score based on SBA default rate, unit growth, disclosure quality & investment efficiency.
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Total Investment Range$70K – $285K
MinMid: $177KMax

Key Metrics

Franchise Fee
$11K
Royalty Rate
6%
Ad Fund Rate
2%
Total Burden
8.0%
Royalty + ad fund
Units (2023)
125
+3 vs prior yr
Net Unit Growth
→ 2.0%
Year over year
Cash-on-Cash Return
27.8%
Annual estimated return
Payback Period
3.6 yrs
Break-even timeline
SBA Default Rate
~3–8%
Fewer than 50 loans on record
Median Revenue
$703K
Item 19 disclosed
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SBA default rate, Risk Score, CoC%, investment benchmarks, and unit growth for Novus.

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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 Return27.8%▲15.5%
Total Investment$177K$250K

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

Compare

Novus vs Tommy's ExpressNovus vs American Tire DepotNovus vs U-Save Car and Truck Rental

Similar Franchises · Automotive

Tommy's Express
Revenue Only
$5.0M–$8.5M
American Tire Depot
Limited Data
$335K–$549K
U-Save Car and Truck Rental
Limited Data
$66K–$679K
Tommy's Express
$5.0M – $8.5M
American Tire Depot
$335K – $549K
U-Save Car and Truck Rental
$66K – $679K
Deckhand Detailing
$32K – $54K

Questions to Ask Before You Sign

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

  1. 1.What is Novus's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Novus disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Novus →Validation call guide →

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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.