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2021 Franchise 500 Rank
#430 Ranked #391 last year
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Initial investment
$73K - $176K
Units as of 2020
176 10.0% over 3 years

Company Overview

About GoliathTech Inc.

Industry
Services (Other)
Founded
2004
Leadership
Julian Reusing, CEO

Franchising Overview

Franchising Since
2013 (8 years)
# of employees at HQ
50
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
176 (as of 2020)

Franchisor Information

Corporate Address
175B Peladeau
Magog, QC J1X 5G9

Information for Franchisees

Here’s what you need to know if you’re interested in opening a GoliathTech Inc. franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$38,000
Initial Investment
$72,900 - $176,000
Cash Requirement
$50,000
Veteran Incentives
$3,000 inventory credit
Ad Royalty Fee
6% of purchases
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
GoliathTech Inc. offers in-house financing to cover the following: inventory, accounts receivable
Third Party Financing
GoliathTech Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
4 hours
Classroom Training
16 hours
Additional Training
Sometimes offered at franchisee's location
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Field Operations
Marketing Support
National Media
Regional Advertising
Social Media
SEO
Website Development

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where GoliathTech Inc. landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where GoliathTech Inc. ranked on other franchise lists? Find out below.

Ranked #430

Franchise 500 Ranking

Ranked #79

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021