About G.TEC NEUROTECHNOLOGY USA Franchise
g.tec Neurotechnology USA is a franchise in the medical technology space, offering franchise opportunities since 2023.
The brand is a subsidiary of g.tec medical engineering GmbH, a global leader in brain computer interface technology, neuroscience research equipment, and clinical neurotechnology solutions.
Each location brings advanced neurotechnology products and services to healthcare providers and research institutions.
G.TEC NEUROTECHNOLOGY USA Franchise Cost & Fees
Minimum Investment
$71K
Average Investment
$210K
Maximum Investment
$350K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $10,000 | One-time payment upon signing |
| Royalty Fee | 11% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to $500 per month, currently not assessed | National brand fund |
| Total Investment Range | $71,000 – $349,500 | Includes build-out, inventory, working capital |
The investment range of $71K–$350K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (11% of Gross Sales) and marketing fee (Up to $500 per month, currently not assessed) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $10,000 | $10,000 |
| Construction and Leasehold Improvements | $0 | $5,000 |
| Lease Deposits | $0 | $20,000 |
| Furniture, Fixtures and Equipment | $10,000 | $50,000 |
| Signage | $500 | $5,000 |
| Grand Opening Marketing Expenses | $1,000 | $10,000 |
| Computer, Software, and Business Management System | $0 | $3,000 |
| Utility Deposits | $0 | $5,000 |
| Insurance Deposits | $15,000 | $75,000 |
| Travel for Initial Training | $2,000 | $5,000 |
| Professional Fees | $2,500 | $10,000 |
| Licenses and Permits | $0 | $1,500 |
| Additional Funds – Three Months | $30,000 | $150,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Renewal Fee | $2,500 |
| Technology Fee | Up to $500 per month, currently not assessed |
| Audit Fee | Cost of audit (if underreporting of 2% or greater) |
| Local Marketing | Up to $500 per month, currently not required (minimum spend $500 each month) |
| Local and Regional Advertising Cooperatives | As established by cooperative members, but not exceeding 2% of Gross Sales |
| Additional Employee Initial Training | $800 per person per day plus expenses |
| Supplemental On-Site Training | $800 per trainer per day plus expenses |
| Annual Conference Attendance Fee | Not greater than $1,500 |
| Interest | 18% per annum from due date |
| Reporting Non-Compliance | $500 per occurrence |
| Operations Non-Compliance | $1,000 per occurrence |
| Payment Non-Compliance | $150 per occurrence |
| Supplier Review | Varies |
| Costs, expenses, and legal fees | Costs incurred by us |
| Management Service | Actual costs incurred by us |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximate one week period |
| Classroom Training | 14.0 |
| On-the-Job Training | 10.0 |
| Training Location | Schiedlberg, Austria |
| Additional Training | The franchisor may require supplemental on-site training at a fee of $800 per trainer per day plus expenses. Initial training for replacement operating and employee managers is also $800 per person per day plus expenses. Franchisees are responsible for all travel, lodging, meals, and salary expenses for trainees. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive with some protection |
| Exclusive Territory | No |
| Territory Size | The smaller of one mile from the Center Location in all directions travelable by road or a territory encompassing a population of 250,000 people. If within a captive market, it may be limited to physical boundaries of the mall or facility. |
| Description | Designated Territory is identified by zip code, boundary streets, highways, county lines, designated market area, and/or other recognizable demarcations. Franchisees do not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or other channels of distribution/competitive brands controlled by the franchisor. However, during the term of the Franchise Agreement, the franchisor will not establish or grant another franchisee the right to establish a recoveriX Center within the franchisee's Designated Territory, provided the franchisee is in compliance with its obligations. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | five consecutive years |
| Renewal Term | one additional five-year term |
| Renewal Fee | $2,500 |
| Renewal Conditions | To renew, the franchisee must be in compliance with the Franchise Agreement and Ancillary Agreements, provide 180 days' written notice, have legal right to occupy the location (or an approved new one), update the facility to current standards, pay the renewal fee, sign the then-current Franchise Agreement and Ancillary Agreements (including personal guarantees from owners and spouses), and complete any additional training. |
| Transfer Fee | $5,000 |
| Transfer Conditions | Transfers require prior written consent from the franchisor, which may be withheld in its discretion. Conditions include: 30 days' written notice, satisfaction of all accrued monetary and other obligations, no default by franchisee/owners/spouses, transferee bound by all terms (including personal guarantees from owners/spouses), execution of a general release, franchisor approval of price/terms, completion of training by transferee, and subordination of purchase price payments to franchisor obligations. |
| Termination for Cause | The franchisor can terminate for various defaults, including: insolvency/bankruptcy, abandonment of business, intentional refusal to comply with agreement terms, operating in violation of health/safety laws, loss of legal right to operate, material misrepresentation, unauthorized transfer, disclosure of confidential information, engaging in activities that harm the brand, breach of ancillary agreements, felony conviction, failure to meet minimum client requirements, failure to pay fees (10-day cure), or failure to comply with operational standards (30-day cure). |
| Non-Compete Period | 24 months |
| Non-Compete Details | During the term of the franchise, franchisees and their owners/spouses cannot engage in any competitive business. Post-termination, for 24 months, they cannot participate in a competitive business within their Designated Territory and a 25-mile radius surrounding it, or within a 25-mile radius of any other Center or its designated territory. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee or, if a Corporate Entity, its Managing Owner, must be personally responsible for the management and overall supervision of the Center. While personal day-to-day participation is recommended, an Operating Manager may be hired to supervise on-site operations, provided they meet franchisor standards, complete initial training, and sign a confidentiality agreement. The Operating Manager is not required to have an equity interest. |
| Required Suppliers | Franchisees must purchase an equipment package from the franchisor or its affiliate. They must also purchase System Supplies exclusively from the franchisor, its affiliates, or designated suppliers. Signage, credit card processing services, and branded marketing materials must be obtained from designated suppliers or the franchisor/affiliates. Computer systems, business management systems, and software systems are also designated by the franchisor. |
| Supply Restrictions | Franchisees are restricted to purchasing or leasing designated products, services, furniture, fixtures, equipment, and System Supplies from the franchisor, its affiliates, or approved/designated suppliers. The franchisor may designate itself or its affiliates as exclusive suppliers. Any alternative suppliers must be approved by the franchisor, which may involve a fee for evaluation. |
| Franchisor Revenue from Suppliers | Franchisor and/or its affiliates may receive rebates, payments, and other material benefits from suppliers based on franchisee purchases. As of the Issuance Date, the franchisor has not received revenue from franchisee purchases of source restricted products or services. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | The franchisor permits financing of the Equipment Package: a $10,000 deposit upon execution of the Franchise Agreement, $10,000 due within one year, and $10,000 due within two years. The franchisor does not guarantee any notes, leases, or other obligations of the franchisee. |
G.TEC NEUROTECHNOLOGY USA Franchise Earnings — Item 19
G.TEC NEUROTECHNOLOGY USA does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
G.TEC NEUROTECHNOLOGY USA does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
G.TEC NEUROTECHNOLOGY USA Litigation & Risk Flags
Clean Litigation RecordG.TEC NEUROTECHNOLOGY USA has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
G.TEC NEUROTECHNOLOGY USA System Growth
Total Units
0
Franchised
0
Company-Owned
0
G.TEC NEUROTECHNOLOGY USA currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$1.4M
Net Income
$38K
Total Assets
$686K
Audited by Metwally CPA PLLC for year ending December 31.
G.TEC NEUROTECHNOLOGY USA Franchise — FAQ
The total investment to open a G.TEC NEUROTECHNOLOGY USA franchise ranges from $71,000 to $349,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $10,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
G.TEC NEUROTECHNOLOGY USA charges a royalty fee of 11% of Gross Sales of gross sales, plus a Up to $500 per month, currently not assessed contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the G.TEC NEUROTECHNOLOGY USA Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from G.TEC NEUROTECHNOLOGY USA to ensure you have the most up-to-date version.
G.TEC NEUROTECHNOLOGY USA does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
G.TEC NEUROTECHNOLOGY USA has been franchising since 2023. The FDD shows an investment range of $71,000-$349,500, a 11% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $10,000 and the total investment ranges from $71,000 to $349,500 depending on location size and market. A minimum of $50,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from G.TEC NEUROTECHNOLOGY USA and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with G.TEC NEUROTECHNOLOGY USA or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com