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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.

  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 the initial investment.

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

FRANCHISE FEE

$0
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 $19,5000 for a territory with a maximum population of 200K. The franchise fee for a territory of 750K in population would come with the maximum franchise fee of $52,500. The table below shows example territory populations and the corresponding franchise fee.

  1. *See Item 5 of the current 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.

$0
MINIMUM STARTUP CAPITAL
$0
MAXIMUM STARTUP CAPITAL
  1. *See Item 7 of the current 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 last calendar year. These figures are meant to be an overview, and further clarity on these numbers and more can be found by reviewing our current Franchise Disclosure Document (FDD).

$0
2018 Average Gross Sales (Top 10% of Locations)
$0
2018 Average Gross Sales (Top 25% Locations)
$0
2018 Average Gross Sales for (All Locations)
  1.  *See Item 19 of the current 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 2017!

0%
2018 vs. PYTD Average Growth Rate (Top 10% of Locations)
0%
2018 vs. PYTD Avg. Growth (Top 25% of Locations)
0%
2018 vs. PYTD Avg. Growth (All Locations)
  1. *See Item 19 of the current Franchise Disclosure Document (FDD).

MARKET OUTLOOK

Current economic indicators point to a great future for The Glass Guru on many different levels. 2018 spending on glass & glazing was $13.9 billion, and 2019 is forecast to hit $15.8 billion! In fact, the glass & glazing sector has grown at an average of 11% annually since 2012. 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 the foreseeable future. Demand for for residential windows and doors is expected to continue to rise at 4.8% annually, with the 2021 demand for doors and windows expected to be $34.3 billion! 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 these incredible market forecasts.

$0Billion
Spent on Improvements,Maintenance, and Repairs*
$0Billion
Anticipated Spending Nationwide for ResidentialDoors & Windows by 2020*
  • 2019 Premium Report on Glass & Glazing Contractors Copyright © 2019 AnythingResearch | www.anythingresearch.com
  • Harvard University Joint Center for Housing Studies – Improving America’s Housing 2017, Demographic Change and the Remodeling Outlook
  • Freedonia Group – Windows & Doors – Demand and Sales Forecasts, Market Share, Market Size, Market Leaders – Published: 09/2017

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