EatZ & Associates vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees
 
EatZ & Associates Franchise
PEAK Elevator Franchise
Investment $33,950 - $102,050$118,000 - $283,000
Franchise Fee $25,000$35,000
Royalty Fee Varies6%
Advertising Fee -0.5% Nat'l + 0.5% local
Year Founded 2003-
Year Franchised 2008-
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements
 
EatZ & Associates Franchise
PEAK Elevator Franchise
Experience --

Financing Options
 
EatZ & Associates Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
EatZ & Associates Franchise
PEAK Elevator Franchise
Training Training will be provided without charge for up to 2 people at a location chosen by the Franchisor for 3-5 day period.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
 
EatZ & Associates Franchise
PEAK Elevator Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About EatZ & Associates

EatZ & Associates is a National Franchise and Business Brokering firm specializing exclusively in the restaurant industry.

EatZ & Associates offers you unsurpassed guidance while looking for the right restaurant to buy or helping you sell your restaurant.
We cater to the specific needs of every buyer and seller.
With over 33 years of franchise and independent restaurant experience, EatZ & Associates works with both national, regional and local franchises, as well as established independent restaurants.
We are one of the nations largest brokers of existing franchise and independent resales, representing many franchisors that have corporate units, franchisees, in addition to, individuals with multiple or single eating and drinking establishments.
Our team delivers with countless years of brokering and commercial real estate experience from working with landlords, franchisors, franchisees and independent owners across the country.
And our staff with countless years of restaurant related experience in operations, brokering and sales, is passionate about helping you find the right restaurant to buy -or- finding the right buyer for your restaurant!
We have sold over 950 businesses in the past 18 years!

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.