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 |