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See The Glass Guru’s Updated Numbers In The 2019 FDD

See The Glass Guru’s Updated Numbers in the 2019 FDD

The Glass Guru is pleased to announce the release of the organization’s 2019 Franchise Disclosure Document (FDD). As with all franchise organizations, the FDD represents the only official solicitation for franchise territories for sale, and is subject to strict oversight by most states. Each year, the FDD must be updated, and submitted to states for approval. With the recent multi-state approval of our FDD, The Glass Guru has updated the information available to franchise candidates considering the company’s franchise opportunity.

The most sought-after pieces of information requested by franchise candidates about the franchise opportunity is the Item 19, or financial performance representations contained within the FDD. The Glass Guru’s current Item 19 contained in the 2019 FDD includes numbers for franchise locations reporting sales for all reporting periods for the previous year including:

  • Average Gross Sales – Top 10 %, Top 25%, Top 50%,  Bottom 10%, and All Locations
  • Average Growth % – Top 10 %, Top 25%, Top 50%, Bottom 10%, and All Locations
  • Average Growth $ – Top 10 %, Top 25%, Top 50%, Bottom 10%, and All Locations
  • Average Gross Sales by Years in Operation – Top 10%, Top 25%, Top 50%, Bottom 10%, and All Locations
  • Gross Revenue Rankings – All Locations

The Glass Guru’s Item 19 indicating pretty significant movement in some of these these key numbers. Here are just a few examples:

Average Gross Sales

  • Top 10% of locations was $1,416,747 (+1.98%)
  • Top 25% of locations was $1,008,999 (+3.86%)
  • Top 50% of locations was $701,553 (+8.03%)
  • Bottom 10% of locations was $79,807 (+97.29%)
  • All locations was $451,104 (+11.28%)

Average Annual Gross Sales by Years in Operation

  • Locations operating for at least 12 months (but less than 24 months) $310,498 (+50.75%)
  • Locations operating for at least 24 months (but less than 36 months) $291,733 (+36.17%)
  • Locations operating for at least 36 months (but less than48 months) $343,525 (-14.50%)
  • Locations operating for at least 48 months (but less than 60 months) $378,741 (+4.15%)
  • Locations operating for at least 60 months $599,513 (2.07%)

“We are very encouraged to see the consistent growth in our Item 19 numbers. Our newer franchises are generating more gross sales revenue than ever before. Our franchise owners who’ve been with us for 60 months or more are averaging nearly $600K in annual gross sales” – Dan Frey | Founder & CEO

If you’ve recently started to look at the franchise opportunity available through The Glass Guru, make sure you follow the discovery process, and be sure to request a copy of the FDD so that you can see all of these numbers for yourself. Additionally, if you have been in our system for a while, and know you have not received the most current FDD, please just let us know, and we’ll be sure to send it to you right away. Once you’ve had a chance to review the FDD, including the Item 19 numbers, our franchise executives are available to you for a short phone call to address any questions you might have.  

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