Speedpro Imaging vs PEAK Elevator Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Speedpro Imaging vs PEAK Elevator including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Speedpro Imaging Franchise
PEAK Elevator Franchise
Investment $233,575 - $303,075$118,000 - $283,000
Franchise Fee $49,900$35,000
Royalty Fee 6%6%
Advertising Fee 2%0.5% Nat'l + 0.5% local
Year Founded 1986-
Year Franchised 1991-
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements

 
Speedpro Imaging Franchise
PEAK Elevator Franchise
Experience --

Financing Options

 
Speedpro Imaging Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Speedpro Imaging Franchise
PEAK Elevator Franchise
Training On-The-Job Training: 45 hours Classroom Training: 52 hours We will provide one week of training at the PEAK Vertical Transportation Group™ corporate location approximately four weeks before your franchise launch. We will cover general business operations, marketing and selling techniques, and more. PEAK Elevator™ representatives will provide an additional one week of training at your franchise location approximately one week prior to your franchise launch to assist you with on-site support.
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform We will present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis, and we will be there to provide remote support, ongoing guidance and answers to questions you may have.
Marketing Co-op Advertising Ad Templates Social media SEO Website development Email marketing -
Operations Number of Employees Required to Run: 2 -

Expansion Plans

 
Speedpro Imaging Franchise
PEAK Elevator Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Speedpro Imaging

Speedpro Imaging is the most advanced and lucrative business to business franchise on the planet! Our franchise concept is suited to management level executives who want to escape Corporate America and truly control their own future. Speedpro Imaging is a powerful financial generator that is scalable to very large levels. Some of the strong points are:
- Business to Business concept (working with professional business customers)
- Monday - Friday operations (open normal business hours)
- Huge growth capability (Really no limits)
- Strong in a weak economy (Speedpro Imaging continues to post record growth)

Veteran Incentives  $5,000 off franchise fee

About PEAK Elevator

Starting a franchise business is no easy feat. However, with an experienced company like PEAK Elevator™ behind you, you will have the support and backing of experienced individuals who are ready to mentor you in your new venture. You will certainly need investment capital, hard work and solid business sense to see success as a franchisee. PEAK Elevator™ is ready to help you through the steps of starting your own elevator business in the $20 billion elevator installation and service industry.
PEAK Elevator™ answers the call for skilled elevator professionals who are just as well versed in customer service as they are in the technical aspects of the vertical transportation industry. With the backing of PEAK Elevator™’s established brand, elevator and escalator professionals can become their own boss in a promising market.

Founders Randy and Jim McGinnis leveraged their collective expertise in the areas of elevator and escalator installation, maintenance, repair and modernization to develop a refined business model for aspiring entrepreneurs. With customer satisfaction, quality and integrity at its core, PEAK Elevator™’s franchise model serves as a blueprint for those looking to fulfill their dreams of starting an independent elevator repair company. Together, the McGinnis brothers have pioneered a shift in the industry and are honored to share their expertise in this comprehensive franchise offering.
 
The estimated initial total investment for a PEAK Elevator™ franchise ranges from $118,000 to $283,000 for a new franchise and $100,500 to $274,250 for a conversion franchise. This investment amount includes an initial franchise fee of $35,000 for new franchises or $17,500 to $26,250 for a conversion franchise.