America's #1 Franchise Directory, Trusted for Over 15 Years
Request More Information

GoliathTech Franchise Costs & Fees

Date of Incorporation: 2004
Franchising Since: 2013
Headquarters: Magog, Quebec
Country of Origin: Canada

Business Description: GoliathTech Inc. is the franchisor. Franchisees operate a business selling and installing helical piles (screw piles). Franchisees offer, sell and install foundation stabilization products for residential and commercial construction and provide the services and products operating under the marks and using the system.

Franchise Offer: Qualified individuals will operate a business selling and installing helical piles, manufactured by the franchisor. Franchisees will provide these services and products operating under the marks and using the system. Franchisees may operate the franchised business as an add-on to their current business, or they may operate the franchised business as a stand-alone.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisor’s note, lease or obligation.

Training and Assistance: Initially, franchisees may have just one person making the sales and installation. Franchisees or a designated manager must be responsible for business operations and management. All trainees must successfully complete the initial training program. The franchisor will provide initial training to franchisees and up to two additional persons, dependent upon how many installers franchisees have. The franchisor will offer additional mandatory training on new products or services that it may develop as part of the franchise system.

Territory: The franchisor will grant franchisees an exclusive geographic territory which the franchisor will describe in the Franchise Agreement. The territory will be comprised of approximately 70,000 to 120,000 households and be defined by towns, cities, counties, zip codes, or other geographic boundaries.

Term of Agreement and Renewal: The length of the initial franchise term is 5 years. If franchisees are in good standing and the franchisor continues the franchise system in the franchisee’s area, the franchisor may permit franchisees to renew for successive 5-year terms under the then-current agreement, which may be materially different than the agreement the franchisor is now offering.

Obligations and Restrictions: Franchisees must either devote their full time and effort to managing and operating the Licensed Business or delegate its management or operation to a responsible person that the franchisor has approved. Franchisees must reserve and exercise ultimate authority and responsibility over operation and management of the Licensed Business. If franchisees delegate management and operation to a manager, the manager must first successfully complete the initial training program within 60 days after assuming the role of manager. Franchisees may offer for sale only products and services the franchisor approves and manufactures.

Estimated Number of Units: 100

Investment Tables:
Initial Investment
Name of Fee Low High
Initial Fee $38,000 $38,000
Travel & Living Expenses While Attending Initial Training $3,000 $5,000
Real Estate Rental & Deposits (3 months) $100 $3,000
Vehicle $0 $45,000
Equipment & Product Inventory $20,300 $66,500
Computer & Software $2,000 $2,500
Advertising (3 months) $500 $1,000
Professional Fees $1,000 $1,500
Miscellaneous Opening Costs $3,000 $3,500
Additional Funds (3 months) $5,000 $10,000
ESTIMATED TOTAL $72,900 $176,000
Other Fees
Type of Fee Amount
Royalty There is no royalty fee.
Marketing Fee 3% of Gross Revenues or 6% of the price of Products purchased from the franchisor. The Marketing Fee may be increased to 4% upon 30 days prior written notice.
Local Marketing 3% of Gross Revenues.
Transfer Fee 20% of the then-current Initial Fee.
Expansion Fee 75% of the then-current Initial Fee.
Audit (3% or more under reporting) 1.5% per month interest on amount of underpayment plus the cost of the audit plus the amount of the underpayment.
Renewal 25% of the then-current Initial Fee.
Additional Training $500 per person per day. Franchisees are solely responsible for all compensation, benefits and travel-related expenses for themselves or any employees.

The above information has been taken from the FDD of GoliathTech. Year of FDD: 2016

Franchise Direct's Disclaimer


 

Submit this form and a representative of GoliathTech will contact you with more information.

Contact Information

Full Name*

Email Address*

Phone Number*

Best Time to Call

Mailing Information

Street*

City*

State/Province*

Zip/Postal Code*

Country*

Investment Interest

Desired Investment*

Desired Location*

Additional Information (Optional)

Timeframe to Invest

Preferred Method of Contact

Alternate Phone Number

Comments? Questions?

The following items are in your Request List:

We can also forward your request to the companies you have added to your Request List. Please review the list below and confirm the companies you would like to contact.

* indicates required field.

Yes, send me updates on new franchise opportunities!

Franchise Direct’s reputation for integrity in the franchise industry has been established over its 15 years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information.

This advertisement does not constitute a franchise offering. Please read our terms and conditions and privacy policy for full details.

You may be interested in the following franchises...

GoliathTech Become a certified installer with GoliathTech and gain a new field of expertise in a buzzing sector. Request Info Min. Cash Required:
$38,000.

Renew Crew Join North America’s most trusted choice for eco-friendly exterior surface cleaning and protecting. Request Info Min. Cash Required:
$30,000.

Your Request List

You can add items by clicking the "Add to Request List" button or checkbox when you find something you're interested in.

You may add up to 15 items to your Request List

Your request list will follow you around the site.

When you are ready to complete your request for free information, click "Submit" in your Request List.

Why not get started by browsing our New Franchise Opportunities or Low Cost Franchise Directory?

You may only enter 15 items in your Request List.

To request information from your selected companies, just fill in the form and click "Submit".

OK, got it

Request Info From:

  •  

Your List is Empty

You can add items by checking the "Request FREE Info" boxes.

* indicates required field

Optional Information

Join our mailing list!

We share your information only with your selected franchises.