FILING · MN · 2026 FDD
Goliathtech FDD (Franchise Disclosure Document) — 2026
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Goliathtech's most recent FDD tracked here is the 2026 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Registration-state filings are public records, so you can read it free, with no sign-up.
PUBLIC RECORD · FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $49,500 |
| ITEM 6 | Ongoing royalty | 0.0% of gross sales |
| ITEM 7 | Total initial investment | $100K–$244K |
| ITEM 3 | Disclosed litigation matters | 0 |
| ITEM 19 | Earnings disclosure (FPR) | None — no earnings claim published |
| ITEM 20 | Outlets (fiscal 2025) | 108 franchised at year end · 4 exits (exit rate 3.7%, fiscal 2025) |
| ITEM 21 | Franchisor financial statements | Going-concern paragraph in the auditor's report — Raymond Chabot Grant Thornton LLP |
Raymond Chabot Grant Thornton LLP's report in the 2026 FDD includes a going-concern paragraph: substantial doubt about the franchisor's ability to continue; revenue rose 3% from FY2024 to FY2026 and it reported a net loss in FY2025 and FY2026.
Raymond Chabot Grant Thornton's report on GoliathTech Inc. has a "Substantial Doubt about the Company’s Ability to Continue as a Going Concern" section (p. 80). A second report in the filing, on the combined group statements, gives a qualified opinion on financial position and also has a substantial-doubt section (p. 52).
Audit opinion
Going-concern paragraph in the auditor's report
Raymond Chabot Grant Thornton LLP · p. 80
Revenue · FY2026
$13.1M
extracted · not cross-checked
Net income · FY2026
−$1.4M
extracted · not cross-checked
Where FY2026 revenue came from
10% royalties
initial-fee share not extracted
- Fiscal years covered: FY2024, FY2025, FY2026 (2026 FDD, statements from p. 85)
- Statements are for: GoliathTech Inc.
- Parent / owner: not identified in the statements
- The filing says (p. 80): “the Company has incurred a net loss, has a net capital deficiency and cash outflows from operating activities and has stated that substantial doubt exists about its ability to continue as a going concern.”
| Fiscal year | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total revenue | $12.7Mextracted · not cross-checked | $13.9Mextracted · not cross-checked | $13.1Mextracted · not cross-checked |
| Royalty revenue | $926Kextracted · not cross-checked | $1.4Mextracted · not cross-checked | $1.4Mextracted · not cross-checked |
| Net income (loss) | $2.6Mp. 85 · matched to statement | −$2.4Mp. 85 · matched to statement | −$1.4Mextracted · not cross-checked |
| Cash at year end | $1.6Mp. 82 | $254Kp. 82 | not extracted |
How to read this: royalties recur as long as franchisees trade; initial and development fees arrive only when new franchises are sold. A franchisor whose revenue leans on initial fees is funding itself by selling territories, and that revenue stops when sales slow. Under ASC 606 most franchisors recognize initial fees over the agreement term, so the line understates the cash collected in a strong selling year. Ad-fund revenue, where reported, is included in total revenue as the statements present it.
Each figure links to its page in the filed PDF. “Matched to statement” means our extraction and a second, rule-based read of the statement page agree; “extracted · not cross-checked” means the statement page is a scanned image or could not be read as text. Figures we could not place on a consistent scale are withheld, not guessed. Spotted an error? Report a correction.
Every figure above was extracted by software from the 2026 Goliathtech FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.
Goliathtech FDD questions, answered
Where can I download the Goliathtech FDD for free?
Goliathtech's 2026 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is Goliathtech's most recent FDD on file?
The most recent Goliathtech FDD tracked here is the 2026 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.
Does Goliathtech's FDD disclose earnings (Item 19)?
No — Goliathtech's 2026 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim.
What does Goliathtech's FDD Item 20 show?
In fiscal 2025, Goliathtech ended with 108 franchised outlets; 4 of 107 open at the start of the year left the system (exit rate 3.7%, fiscal 2025) through terminations, non-renewals, and "ceased operations — other reasons".
The Goliathtech validation checklist
questions built from this brand's own filings · read them all on the profile
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