GoliathTech Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$49,500
Investment required
$100,000 - $244,000
Royalty fee
n.a.

GoliathTech: Revolutionizing Foundation Solutions with Advanced Helical Piles

GoliathTech is a leading franchise specializing in the manufacturing and installation of helical (screw) pile foundation systems. 

Founded in 2004 by David Bissonnette in Sherbrooke, Quebec, GoliathTech began as a local company before being acquired in 2013 by Julian Reusing, who expanded it into a global franchise. Headquartered in Magog, Quebec, GoliathTech started franchising in 2013.

What sets GoliathTech apart is its commitment to innovation and quality. The franchise offers a proprietary helical pile system known for surpassing industry standards in durability and efficiency. 

This focus on high standards and continuous improvement has positioned GoliathTech as a top player in the helical pile industry, making it a preferred choice for both residential and commercial foundation projects.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Fee $49,500 - $49,500
Travel & Living Expenses While Attending Initial Training $1,000 - $5,000
Real Estate Rental & Deposits (3 months) $1,000 - $5,000
Equipment & Product Inventory (includes the starter equipment package) $30,000 - $76,500
Vehicle $0 - $65,000
Computer, Software & Subscription Services $2,000 - $7,000
Advertising (3 months) $500 - $1,000
Professional Fees $1,000 - $5,000
Miscellaneous Opening Costs $5,000 - $10,000
Additional Funds (3 months) $10,000 - $20,000
Total $100,000 - $244,000

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Number of units

2024
Franchised units

108

101

96

Company-owned units

0

0

0

Total units

108

101

96

Franchise Disclosure Document

Training 

GoliathTech provides a structured training program to ensure franchisees are well-equipped to succeed. The training is divided into key components:

  1. Technical Training: In-depth instruction on the installation of GoliathTech's proprietary screw pile systems, ensuring franchisees and their teams are proficient in the technical aspects.
  2. Business Training: Covers essential areas such as marketing, customer service, and operational management to help franchisees effectively run their businesses.
  3. Ongoing Support and Refresher Training: Continuous education opportunities to keep franchisees updated on best practices and new technologies.

Territory Protection

GoliathTech franchisees are typically granted exclusive territory protection, ensuring that they have the sole right to operate within a defined geographic area. This protection prevents other GoliathTech franchises from being established within the same territory, allowing franchisees to fully maximize their market potential. 

The specifics of the territory size and boundaries are detailed in the franchise agreement, providing franchisees with a secure and clear understanding of their exclusive rights.

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