Glass Doctor provides glass repair and decor services for residential and commercial buildings.
It’s a very specific service in the sector of house decor and maintenance, but this is one of the reasons why it is so successful: in a market saturated by options and businesses, aiming at a very specific target is the best choice to optimize a company’s chances of success.
Glass Doctor has been very successful, and with its franchise program, it has expanded in the United States. The company is still open to new franchise applications.
Of course, before applying for a franchise program, you want to know anything you can about that particular franchise: its costs, its requirements, and any other additional information.
In this article, we are providing you with anything you need to know about the Glass Doctor franchise.
About The Glass Doctor franchise
Glass Doctor specializes in anything that has to do with glasses. Clients can hire them for home glass decor, office window repair, or even replace a window on their vehicle.
They aim to provide the best possible pricing and delivering the work quickly and on time is also one of their key principles.
With its franchise program, the company managed to expand in the United States.
As a consequence, today, the Glass Doctor brand is quite known in the sector of glass repair, and that facilitates things for new franchisees.
History of the Glass Doctor Franchise
The Glass Doctor company was founded in 1962 in Washington.
In 1977, the company began franchising, and in 1998 it joined The Dwyer Group Inc, an international franchising company that allowed Glass Doctor to grow faster.
In 2018, Glass Doctor became a Neighborhood company. This is a community of home services businesses that offer services in the United States and Canada.
In the context of Neighborly companies, Glass Doctor remains very specific and only provides glass repair, decor, and replacement services.
Glass Doctor Franchise: Business Model
Glass Doctor is a glass repair company. It is also a franchise, meaning that you can apply and become the owner of a Glass Doctor business, exploiting the company brand name for your activity.
| Company name | Glass Doctor |
|---|---|
| Business Model | Franchise glass repair, decor, and replacement |
| Initial Investment | $127,000 – $265,000 |
| Franchise | YES |
| Franchise Fee | $35,000 |
| Royalty fee | 5 – 7% |
| Number of units | 180 |
How Much Does It Cost To Open A New Glass Doctor Business?
Just like it happens for any franchise when starting a Glass Doctor Franchise business, your initial investment comprises the start-up costs and a franchise fee.
In this case, the franchise fee is $35,000. The overall start-up costs would amount to $90,000 or more.
Summing everything up, the total initial investment for launching your new Glass Doctor franchise is estimated to be between $127,000 and $265,000.
The franchise fee is the one that you have to pay at the beginning of your relationship with the Glass Doctor company (and it’s part of the initial investment), but it’s not the only franchise fee that you need to pay.
There are also ongoing franchise fees, which are the following: a 5-7% royalty fee and an advertising royalty fee of 2%. These are both calculated on your gross revenue.
Glass Doctor Franchise Revenue & Profit
As per the performance of 140 franchised outlets in 2020, a Glass Doctor franchise generates $396,000 in sales each year.
However, if the franchises operate under a flat option instead, then they would generate a revenue of $670,000 on average.
So, with an estimated profit margin of 13%, we can say that a Glass Doctor franchise owner makes $51,480 in profits each year.
Here’s how we calculated the profit for the Glass Doctor franchise:
| Financial Overview | Percentage of Revenue | Amount ($) |
|---|---|---|
| Individual Franchise Annual Revenue | 100% | 396000.00 |
| Rent | 10.88% | (43065.00) |
| Insurance | 5.44% | (21532.50) |
| Salaries | 21.75% | (86130.00) |
| Franchise Royalty Fees | 5.44% | (21532.50) |
| Utilities | 2.17% | (8613.00) |
| Cost of Goods Sold (COGS) | 27.19% | (107662.50) |
| Labor (Variable) | 14.14% | (55984.50) |
| Total (Expenses) | 87.00% | (344520.00) |
| Net Profit | 13.00% | 51480.00 |
Note: The displayed expenses are estimates based on industry averages and standard costs. Actual expenses may vary due to factors like location, business size, and market conditions. We recommend conducting detailed research or consulting with a financial advisor for a tailored financial analysis.
Glass Doctor Franchise: Requirements
In order to apply for the Glass Doctor franchise, you need to have a minimum liquid capital of $50,000 and a minimum net worth of $150,000.
Additionally, the Glass Doctor franchise program requires potential franchisees to have a strong commitment to customer service and a desire to grow their business.
By meeting the financial requirements and demonstrating a commitment to the franchise, you can become a part of the Glass Doctor team and achieve your entrepreneurial goals.
Payback Period Of Glass Doctor
With an investment of $265,000 and a yearly profit of $51,480, we can calculate the payback period of the Glass Doctor.
So, to find out how long it will take to earn back the initial investment:
Payback Period = Investment / Yearly Profit = $265,000/ $51,480 = 5.19 years
Based on these figures, it will take approximately 5-6 years to pay back the initial investment for Glass Doctor. This time period could be longer or shorter depending on your sales, revenue, and profit figures.
Failure Rate Of Glass Doctor
Franchised Outlets:
| Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|
| 2021 | 0 | +7 | 7 |
According to the above-mentioned data, we can see that the franchised outlets for Glass Doctor grew in 2021, from having 0 outlets at the start of the year to opening 7 new outlets.
Glass Doctor franchise: Terms Of Agreements And Renewal
The length of the franchise contract is 10 years. At the end of it, you need to meet the requirements for renewal and pay a renewal fee if you want to extend your franchise contract for 10 additional years.
The precise amount of the renewal fee is not publicly known, but it’ll be specified in your franchise contract, so make sure you read it well.
Glass Doctor Franchise: Training And Support
Glass Doctor provides a lot of support to its franchisees, both at the beginning of the collaboration and during the entire journey.
When you apply for this franchise, you can get access to the following:
- 8 to 40 hours of on-the-job training
- 88 hours and classroom training
Over the years, Glass Doctor continues to provide support to their franchisee in the form of webinars and two regional meetings per year.
Glass Doctor: Obligations And Restrictions
The Glass Doctor franchise sets some obligations and restrictions for its franchisees.
For example, the franchisees – if they are individuals – are required to directly perform or supervise the operations.
If the franchisee can’t operate directly in the business, they must discuss a solution with the franchisor.
If the franchisee is a corporation or legal entity, the supervision must be done by a designated owner who must be authorized by the franchisor.
Glass Doctor Franchise: Financial Assistance
Glass Doctor provides some form of in-house financial assistance. In particular, it can finance a portion of your franchise fees, but only if the requirements are met.
Also, Glass Doctor periodically agrees with third-party lenders to help you find a financing plan for your new franchise business.
For those looking to open a franchise in the decor service industry, possibilities include Card My Yard and Sign Gypsies franchises.
Glass Doctor VS SuperGlass Windshield Repair
| Company | Glass Doctor | SuperGlass Windshield Repair |
|---|---|---|
| Business sector | Glass repair | Glass repair |
| Founded in | 1962 | 1992 |
| Franchise fee | $35,000 | $5,000 – $17,500 |
| Royalty fee | 5 – 7% | 4% |
| Initial Investment | $127,000 – $265,000 | $18,685 and $84,205 |
Conclusion
Glass Doctor is a great opportunity for all franchise entrepreneurs. They are very selective, but if you fit all the requirements, you can have a great chance with them.
You could build your own business and start generating a big profit in a short time.
Glass Doctor Franchise: FAQs
Is Glass Doctor a franchise or a chain?
Glass Doctor is a franchise, which means that – if you fit the requirements – you can launch and become the owner of a new Glass Doctor business.
Who is the owner of the Glass Doctor franchise?
Brad Roberson is the current President of Glass Doctor. Doctor Class is part of the Neighborly company.
How many Glass Doctor franchise businesses are there?
There are about 180 units operating in the United States, and some more have also been launched abroad.
Is the Glass Doctor Franchise a good investment?
The Glass Doctor franchise is a good investment because Glass Doctor is a big company, and it is also part of a community of companies in the sector of home decor and repair. With them and their support, you can start generating a profit very quickly.
Is the Glass Doctor franchise worth it?
Despite it requiring a big initial investment, the Glass Doctor franchise is totally worth it, and for many reasons: with them, you become part of the Neighborly company, you can operate in a very narrow niche, the demand in this sector is always high, and the brand is so well-known that you won’t struggle to find clients.
How Many Locations Does Glass Doctor Has?
There are 270 locations of Glass Doctor in the United States.
Where Is Glass Doctor Headquartered?
Glass Doctor began franchising in 1977 and, in 1988, joined The Dwyer Group Inc. At that time, the company’s corporate headquarters shifted to Waco, Texas, and is still there.
Who founded Glass Doctor?
Glass Doctor is a subsidiary of Neighbourly- a service-based franchise company.
Reference: Glass Doctor Franchise for Sale – Cost & Fees | All Details & Requirements (topfranchise.com); Glass Doctor is Your Glass Repair Company | Glass Doctor
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.