BtoB Connect vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
BtoB Connect Franchise
PEAK Elevator Franchise
Investment $20,000 - $30,000$118,000 - $283,000
Franchise Fee $20,000$35,000
Royalty Fee $50 per chapter/per mo plus administration fee $150/mo6%
Advertising Fee -0.5% Nat'l + 0.5% local
Year Founded 2005-
Year Franchised 2008-
Term Of Agreement 5 or 10 years7 years +5+5
Term Of Agreement 5 or 10 years7 years +5+5
Renewal Fee --


Business Experience Requirements

 
BtoB Connect Franchise
PEAK Elevator Franchise
Experience --

Financing Options

 
BtoB Connect Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
BtoB Connect Franchise
PEAK Elevator Franchise
Training Online and by video conference. Launch of your local area by franchisor.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 Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits 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 Online website. Email mailings. Additional Services: Grand Opening, online website.-
Operations Average Number of Employees: 1 Part-time. Passive Ownership: Allowed.-

Expansion Plans

 
BtoB Connect Franchise
PEAK Elevator Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About BtoB Connect

Drive Your Core Business While Building Residual Income.
The exploding demand for the services of a B2B-only referral group versus mixed B2B and B2C groups is what prompted the creation and nationwide expansion of BtoB Connect, via exclusive franchising opportunities. The best part of a BtoB Connect franchise is your ability to continue building your current business with qualified business referrals while creating residual income. If you're networking and doing business by referral already, you might as well get paid to do it! Many franchise territories have already been sold. If you're interested in learning more about this exciting opportunity and have been the owner of a business-to-business company for at least three years, contact us to claim your territory.
BtoB Connect was created out of frustration with other networking groups. The founders were tired of wasting  time attending networking meetings that were better suited for B2C businesses such as residential real estate or landscaping, vitamin sales or other personal care products. BtoB Connect's membership is B2B-only and filled with like-minded professionals who want to help your business grow and have a network of contacts synergistic to yours. Contact [email protected] for more information

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.