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Updated RecentlyFirst Choice Business Brokers vs PEAK Elevator Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of First Choice Business Brokers vs PEAK Elevator including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $61,850 - $89,750 | $118,000 - $283,000 |
| Franchise Fee | $45,000 | $35,000 |
| Royalty Fee | 10% - 7% | 6% |
| Advertising Fee | $250/mo. | 0.5% Nat'l + 0.5% local |
| Year Founded | 1993 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | - | 7 years +5+5 |
| Term Of Agreement | - | 7 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | 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 | - | 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 | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About First Choice Business Brokers
DON'T BUY A JOB -
GET A LIFESTYLE THAT YOUR FRIENDS WOULD DIE FOR -
Why get stuck working some business day-in, day-out without the ability to ever be free -
With your own First Choice Business Broker franchise, you have the potential to build your business into a passive income stream, giving you a life! And let's face it, isn't that what it's ALL about?
As a Business Broker you will assist business owners to sell their business by matching them with a buyer. You will also build a team of ‘Agents' that will do this for you and leverage your efforts.
IT'S POINTLESS OWNING A SUCCESSFUL BUSINESS, IF YOU DON'T HAVE A LIFE.
This is a business with low overhead, which is easy for you to get started in. It allows you to leverage your time and money through "Agents" that do the work for you. You can have these agents working for you on commission ONLY and THEY do their own marketing and close their own deals (much like in real estate). This is one of the few opportunities whereby the system is designed from the ground-up for you to build a sizeable organization and a passive income, while keeping overheads to a minimum.
This could be the last business you will ever need to start!
BECOME PART OF THE ELITE IN YOUR COMMUNITY -
Being a First Choice Business Broker will have you working with the elite level of business owners in your area. This is an executive franchise system that will allow you be a part of an elite group in your community.
SYSTEMS -
First Choice has created a business system that is second to none in the industry. We have very detailed systems on every aspect of business brokering - built from having listed almost $3 billion dollars of businesses over 13 years.
MARKETING -
It's pointless having a great system unless you are able to get the business! You will have, at your fingertips, proven marketing strategies to grow your business regardless of the economy or external factors.
TRAINING -
You will receive comprehensive training designed to take you from knowing nothing about the business. In fact our training is designed to take you from "0 to 60" in the shortest time possible. With five very full days of training at our corporate offices, to constant follow-up, 24/7 support line help and ongoing coaching - your training will be world-class and second to none!
BUSINESS BROKERING GETTING READY TO BOOM...
This is the most exciting time and opportunity for business brokerage. More than 2,000,000 businesses are sold each year and the Business Broker industry is expected to double over the next 3 years. With the baby boomers moving into retirement, corporate downsizing, and the affordability of starting a small business constantly dropping - creates massive demand for business sales. It's time for you to become part of this in-demand industry by joining the First Choice Team...
BE YOUR OWN BOSS AND ENJOY THE LIFESTYLE OTHERS ONLY DREAM ABOUT..
If you have the drive to succeed, want to help people, and are a leader, owning a First Choice Business Broker franchise may be the perfect opportunity to create an amazing lifestyle for you and your family. You have nothing to lose and everything to gain by looking closely at this amazing opportunity.
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.