AN HONEST LOOK AT THE GLASS GURU

The intent of this page is to provide an honest look at the numbers behind The Glass Guru. While we’re pretty proud of the numbers we’re sharing here, understand that a much more complete version of the company’s financial information is included in our FRANCHISE DISCLOSURE DOCUMENT (also known as the FDD.) You can get a copy of The Glass Guru FDD by contacting us using the Franchise Inquiry Form.

KEY FRANCHISE TERMS

Here’s an outline the initial franchise terms including the length of the franchise agreement, renewal options, royalties, and fees.

initial-franchise-terms-2
  1. See section 4.1 of The Franchise Agreement (Exhibit A to the Franchise Disclosure Document)
  2. See section 4.2 of The Franchise Agreement (Exhibit A to the Franchise Disclosure Document)
  3. See section 3.3 of The Franchise Agreement (Exhibit A to the Franchise Disclosure Document)
  4. See section 3.4 of The Franchise Agreement (Exhibit A to the Franchise Disclosure Document)

FINANCIAL REQUIREMENTS

There are a lot of variables that determine the initial capital required to start a franchise with The Glass Guru. Below is the anticipated range for initial investment, as well as the minimum net worth requirements.

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  1. See Item 7 of the Franchise Disclosure Document (FDD)

FRANCHISE FEE

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MINIMUM FRANCHISE FEE*
$0
AVERAGE FRANCHISE FEE*
$0
MAXIMUM FRANCHISE FEE**

The Glass Guru initial franchise fee is based on territory population. Our minimum initial franchise fee is $17,600 for a smaller territory with a maximum population of 166K. The Glass Guru does not regularly award single franchise territories greater than 650K in population. In the event that we do, our MAXIMUM franchise fee would be $65,000 for a territory population of 1 million.

FF-New-3
  1. *See Item 5 of the Franchise Disclosure Document (FDD)

STARTUP COSTS

The size of the franchised territory, applicable franchise fee, location staffing, and a number of other factors determine the initial startup costs for a franchise location. The table below outlines the anticipated range of investment for each applicable portion of the startup costs.

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MINIMUM STARTUP CAPITAL
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MAXIMUM STARTUP CAPITAL
the-glass-guru-franchise-startup-costs-list-005
  1. *See Item 7 of the Franchise Disclosure Document (FDD) for further clarity on the anticipated startup costs for a franchised location.

GROSS SALES

Here are some healthy numbers from The Glass Guru franchise network for calendar year 2016. These figures are meant to be an overview, and further clarity on these numbers and more can be found by reviewing our Franchise Disclosure Document (FDD).

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2016 Average Gross Sales for Top 10% of The Glass Guru Locations
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2016 Average Gross Sales for All The Glass Guru Locations
  1.  *See Item 19 of the Franchise Disclosure Document (FDD).

ANNUAL GROWTH

Since our inception, The Glass Guru has had phenomenal growth. Take a look at the following snapshot of the growth in gross sales our franchise locations saw in 2016!

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2016 vs. PYTD Average Growth Rate for Top 10% of The Glass Guru Locations
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2016 vs. PYTD Average Growth Rate forAll The Glass Guru Locations
  1. *See Item 19 of the Franchise Disclosure Document (FDD).

MARKET OUTLOOK

Current economic indicators point to a great future for The Glass Guru on many different levels. Nationwide spending on improvements, maintenance, and repairs was up 6% in 2016.* With national house prices back to pre-recession levels and both household incomes and existing home sales on the rise, further growth is anticipated for 2017. Demand for for residential windows and doors is expected to continue to rise. One driving factor to window and door upgrades is energy efficiency. A full third of homeowners reporting improvement projects 2014-2015 indicated that energy efficiency was a motivator for their expenditures.* The Glass Guru continues to be a great home-services franchise poised to take advantage of the great market outlook. 1

$0 Billion
Spent on Improvements,Maintenance, and Repairs*
$0 Billion
Anticipated Spending Nationwide for Residential
Doors & Windows by 2020*
  1. Harvard University “ Joint Center for Housing Studies
    Improving America’s Housing 2017, Demographic Change and the Remodeling Outlook

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