QuickBooksIntuit
ise. There is no contractual limit on the frequency or cost of this obligation. Computer System as follows: Software: Good Vibes Tiki Cruises proprietary booking software platform QuickBooks -Accounti
From the filings
HQ-led decisions
GVTC Licensing
Professional servicesSoftware purchasing at GVTC Licensing flows through Managing Member Edward C. White Jr., the sole executive listed in the 2026 Franchise Disclosure Document. The franchisor mandates its proprietary Good Vibes Tiki Cruises booking software and also names QuickBooks by Intuit Inc. as a recommended system. With only 1 company-owned unit reported and no franchised locations mapped, the immediate addressable market is a single corporate entity, making this a targeted, relationship-driven sales opportunity.
For software vendors selling into US franchise brands.
Live signals
Total units
1
0 franchised
Unit growth YoY
—
vs prior filing
AUV
—
Item 19, 2026
Royalty
7%
of gross sales
Ad fund
1%
national + local
Initial fee
$30K
per unit
Investment range
$271K–$386K
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
No claims
from the filing
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
8%of gross sales (FY2026)
15% reference
Mandated & recommended tech
The systems vendors compete with
Systems named in Item 11 of this filing. None is recorded as mandated here, which is not the same as the filing mandating nothing. Read Item 11 before treating the category as open.
Franchisor behaviours
What the franchisor requires
26 requirements the franchisor states in this filing, each in its own words; 6 explicit no's; 2 questions the text does not settle, which is not a no.
Accounting
Must the franchisee use an accounting or bookkeeping system designated or approved by the franchisor?
YesFranchise agreement
Franchisee shall use such customer data management, sales data management, administrative, bookkeeping, accounting, and inventory control procedures and systems as GVTC Licensing may specify in the Manual or otherwise in writing.
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesFranchise agreement
In addition, GVTC Licensing and GVTC Licensing’s affiliates may, through the System or otherwise, have independent access to the Personal Information.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
Franchisee shall provide such periodic financial reports as GVTC Licensing may require in the Manual or otherwise in writing, including: (i) a monthly profit and loss statement and balance sheet for the Business within 30 days after the end of each calendar month; (ii) an annual financial statement (including profit…
How the franchisor buys
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesFranchise agreement
GVTC Licensing may change any such requirement or change the status of any vendor.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
We currently do not derive revenue from the required purchases and leases by franchisees.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesFranchise agreement
GVTC Licensing may receive rebates, payments, or other consideration from vendors in connection with purchases by franchisees.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
50Item 8
We estimate that the required purchases and leases of goods and services to operate your business are 50% to 80% of your total purchases and leases of goods and services to operate your business.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you want to use a supplier that is not on our list of approved suppliers, you must request our approval in writing.
Data and IT
Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?
YesFranchise agreement
Franchisee must at all times comply with payment card industry data security standards (PCI-DSS).
Franchise management
Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
YesFranchise agreement
Franchisee shall participate at its own expense in programs required from time to time by GVTC Licensing for obtaining customer evaluations, reviewing Franchisee’s compliance with the System, and/or managing customer complaints, which may include (but are not limited to) a customer feedback system, customer survey…
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
GVTC Licensing may enter the premises of the Business from time to time during normal business hours and conduct an evaluation.
Can the franchisor change the operations manual and brand standards unilaterally?
YesFranchise agreement
GVTC Licensing reserves the right to revise the Manual from time to time as it deems necessary to update or change operating and marketing techniques, as well as standards and specifications for all components of the licensed methods and products offered by GVTC Licensing.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesFranchise agreement
Franchisee shall not conduct any marketing, advertising or public relations activities (including websites, online advertising, social media marketing or presence, and sponsorships) that have not been approved by GVTC Licensing.
Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?
YesFranchise agreement
Franchisee shall spend at least 3% of Gross Sales each month on marketing the Business.
Must the franchisee participate in a customer loyalty or rewards program?
YesFranchise agreement
At its own expense, Franchisee shall sell or otherwise issue gift cards, certificates, or other pre-paid systems, and participate in any customer loyalty programs, membership/subscription programs, or customer incentive programs, designated by GVTC Licensing, in the manner specified by GVTC Licensing in the Manual or…
Must the franchisee participate in a regional advertising cooperative when one exists?
YesFranchise agreement
If a Market Cooperative for the geographic area encompassing the Territory has been established at the time Franchisee commences operations hereunder, Franchisee shall immediately become a member of such Market Cooperative.
Operations
Must the franchisee buy products from a designated distributor?
YesFranchise agreement
Franchisee shall acquire all Inputs required by GVTC Licensing from time to time in accordance with System Standards.
Must equipment be purchased from designated or approved suppliers?
YesItem 8
We have the right to require you to purchase or lease all goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating your business (1) either from us or our designee, or from suppliers approved by us, or (2)…
Payments
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesItem 6
We currently require you to pay royalty fees and other amounts due to us by pre- authorized bank draft.
Must the franchisee participate in a gift card program?
YesFranchise agreement
At its own expense, Franchisee shall sell or otherwise issue gift cards, certificates, or other pre-paid systems, and participate in any customer loyalty programs, membership/subscription programs, or customer incentive programs, designated by GVTC Licensing, in the manner specified by GVTC Licensing in the Manual or…
People
Must employees wear uniforms specified by the franchisor?
YesFranchise agreement
Franchisee shall cause its personnel to comply with any dress attire, uniform, personal appearance and hygiene standards set forth in the Manual.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesFranchise agreement
Franchisee shall acquire and use all software and related systems required by GVTC Licensing.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesFranchise agreement
Franchisee shall give GVTC Licensing unlimited access to Franchisee’s point of sale system and other software systems used in the Business, by any means designated by GVTC Licensing.
Sales and CRM
Must the franchisee use a CRM system designated or approved by the franchisor?
YesItem 11
The system will include our currently required POS/CRM system, credit card processing system, and accounting platform, such as QuickBooks.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We do not currently require additional training programs or refresher courses, but we have the right to do so.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesFranchise agreement
The Principal Executive shall use reasonable efforts to attend all in-person meetings and remote meetings (such as telephone conference calls) that GVTC Licensing requires, including any national or regional brand conventions.
The filing answers no to 6 questions
- Is the franchisor or an affiliate itself a supplier of required products, services or systems?Item 8
- Is there a franchisee advisory council, association or committee?Item 20
- Does the franchisor charge a fee to evaluate a proposed supplier?Item 8
- Must the franchisor approve the franchisee's site or location before opening?Franchise agreement
- Is a minimum grand opening advertising spend required?Item 11
- Does the franchisor require minimum staffing levels or specific roles?Item 11
The vendor opportunity at GVTC Licensing
GVTC Licensing presents a concentrated, single-buyer opportunity for software vendors. The 2026 Franchise Disclosure Document reports just 1 total unit—a company-owned location—with no franchised units disclosed and no operators mapped in our corpus. This means the entire addressable market is the corporate entity itself, not a dispersed network of franchisees. For a vendor, the sales motion is direct to headquarters, not a multi-unit operator play. The royalty rate is 7.0% on gross revenue, and the initial franchise term runs 10 years. Average unit volume is not disclosed in the most recent FDD, so sizing the account requires direct discovery. The absence of franchised units and year-over-year growth data suggests a nascent or tightly controlled expansion model, making this a niche but potentially high-touch account for the right software solution.
Who controls software purchasing
All purchasing authority at GVTC Licensing traces to a single individual: Edward C. White Jr., listed in Item 1 of the 2026 FDD as Managing Member. There is no CIO, CTO, or separate procurement officer on file. For a software vendor, this means the sales process is straightforward but also bottlenecked—every decision, from evaluation to signature, runs through Mr. White. The organizational structure implied by a single managing member and no parent company suggests an independently owned entity where the top executive is also the operational decision-maker. Vendors should prepare a concise, value-driven pitch that respects the lean leadership structure and avoids multi-stakeholder complexity that does not exist here.
Mandated and current tech stack
The 2026 FDD mandates one core operational system: the Good Vibes Tiki Cruises proprietary booking software platform. This is a franchisor-owned system, meaning any software that needs to integrate with bookings, reservations, or customer-facing scheduling must work alongside or connect to this platform. Additionally, the FDD names QuickBooks by Intuit Inc. as a recommended accounting system. No other mandated or recommended vendors appear in the disclosure. For vendors selling adjacent solutions—such as CRM, marketing automation, HR, or analytics—the tech landscape is largely greenfield beyond these two named systems. The proprietary booking platform is the critical integration point; understanding its API or data export capabilities will be essential for any software pitch that touches operational workflows.
Procurement, renewals, and timing
Procurement rules are not detailed in the 2026 FDD: no Item 8 extract is available, so whether GVTC Licensing uses a designated supplier model, an approved supplier list, or an open procurement process is not disclosed. Vendors will need to clarify this directly in conversation. On the renewal side, the franchise agreement allows for up to two additional 5-year successor terms, creating natural decision points every 5 to 10 years when systems and vendor relationships may be reevaluated. To renew, the franchisee must give advance notice, be in compliance with all obligations, conform to then-current standards, sign the then-current form of agreement (including a personal guaranty), and execute a general release unless prohibited by law. These contractual triggers can serve as windows for software evaluation, particularly if the franchisor updates its mandated tech stack between terms.
How to read the GVTC Licensing FDD
The full 2026 GVTC Licensing Franchise Disclosure Document is embedded below. Key sections for software vendors include Item 1 (the franchisor and its executives), Item 8 (procurement restrictions, though absent here), Item 11 (mandated systems and suppliers), and Item 17 (renewal and termination conditions). Because the unit count is small and the leadership is centralized, the FDD is a quick but essential read to confirm the decision-maker, the tech mandates, and any contractual hooks that could influence a software purchase. For a ranked target list of franchise systems matched to your software category, FranCloud can help you prioritize accounts like this one.
Questions vendors ask
GVTC Licensing, answered from the filing
Edward C. White Jr., Managing Member, is the sole executive on file in the 2026 FDD and controls purchasing decisions for the single company-owned unit.
The FDD mandates the Good Vibes Tiki Cruises proprietary booking software platform and also names QuickBooks by Intuit Inc. as a recommended system.
The 2026 FDD reports 1 total unit, which is company-owned. No franchised units are disclosed, and no operators are mapped in our corpus.
The 2026 FDD does not include an Item 8 procurement extract, so the designated-supplier vs. approved-supplier model is not disclosed.
The initial franchise term is 10 years, with up to two additional 5-year renewal terms available. Renewal requires advance notice, compliance, and signing the then-current agreement.
The 2026 FDD is filed with state franchise regulators. You can read it directly in the embedded PDF viewer below.
Source
Read the filing itself
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FDD alert
Tell me when this brand refiles.
We’ll email you the moment GVTC Licensing files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit1
Top states by locations
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Related Professional services brands
Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.