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 via the Franchise Inquiry Form.
Key Franchise Terms
Here’s an outline of the initial franchise terms including the length of the franchise agreement, renewal options, royalties, and fees.
Initial Term
10 Years
Renewal Options
Two 10-Year Renewals
Royalties
7%
Brand Fee
2%
Technology Fee
1%
(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)
(5) See Item 6 of 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.
Minimum Liquid Capital: $150,000 – Required Net Worth: $350,000
Total Estimated Startup Cost: $145,805 – $367,280 (1)
(1) See Item 7 of the current Franchise Disclosure Document (FDD)
Franchise Fee
The Glass Guru initial franchise fee is based on territory population.
Population Packs | Total Population | Initial Franchise Fee | Cumulative Franchise Fee | Additional Price Per Person |
---|---|---|---|---|
1 | 250,000 | $49,500 | $49,500 | 0.15 |
2 | 500,000 | $44,500 | $94,000 | 0.15 |
3 | 750,000 | $39,500 | $133,500 | 0.15 |
4 | 1,000,000 | $34,500 | $168,000 | 0.15 |
5 | 1,250,000 | $29,500 | $197,500 | 0.15 |
(1) See Item 7 of the current Franchise Disclosure Document (FDD)
Gross Sales Statistics
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).
$1,910,192
2023 Average Gross Sales
(Top 10% of Locations)
$1,591,826
2023 Average Gross Sales
(Top 25% Locations)
$700,345
2023 Average Gross Sales
(All Locations)
(1) See Item 19 of the current Franchise Disclosure Document (FDD)
Network Revenue Growth Statistics
The Glass Guru has experienced phenomenal growth over the past 4 years.
Home Services Market Outlook
Because The Glass Guru has a business model that has equal footing on both the home improvement and home repair categories, the brand has been able to demonstrate tremendous economic flexibility in weathering the economic challenges of the past 2 decades.
While there are short term declines in the tremendous growth rates seen in both categories over the past several years, there is still forecasted grown that transcends the typical growth seen in these categories in normal years.
While the repair and remodeling market is seeing slowing expansion, growth will remain positive through much of 2023. The Harvard Joint Center for Housing Studies revised its estimates downward in July with the growth rate decelerating from 15 percent in Q1 2023 to 6.5 percent in Q3 2023.
$21.2 B
2030 Insulated Glass Window Market
6.9% CAGR
$130B
2025 Residential Windows & Doors Market
3.1% CAGR
Market Advantages
While there are of course external factors like the marketplace that can affect the trajectory of any home services business, The Glass Guru has specific market advantages that have helped lead to our organizational success for nearly 20 years.
While we are a home services company, a glass company, a window & door company, The Glass Guru is so much more.
Yes The Glass Guru brand is a leader in providing these products and services, but our success comes from how we deliver these products and services that truly differentiates our brand from the rest of the pack.