Pear Track vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees
 
Pear Track Franchise
PEAK Elevator Franchise
Investment N/A$118,000 - $283,000
Franchise Fee N/A$35,000
Royalty Fee -6%
Advertising Fee -0.5% Nat'l + 0.5% local
Year Founded 2009-
Year Franchised 2009-
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements
 
Pear Track Franchise
PEAK Elevator Franchise
Experience --

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

Training & Support
 
Pear Track Franchise
PEAK Elevator Franchise
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
 
Pear Track Franchise
PEAK Elevator Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Pear Track

As a result of unprecedented UK and worldwide success, and to celebrate the opening of our USA division, our company, one of the world leaders and pioneers in the field of GPS tracking and asset monitoring systems, are now seeking exclusive country or state Master Distributors to take their brand to another International level. Anyone with the good fortune to be granted the exalted status of Exclusive Master Distributor for their chosen country could have invested into a veritable gold mine. The value of this opportunity is increased even further by the company ethos of honesty, integrity and outstanding company support : As a result of our extraordinary success to date, enquiries are now pouring in from all over the world from prospective partners eager to get a piece of this highly lucrative pie ..especially as there is arguably no business that boasts more stability, longevity and earning potential, to satisfy even the most ambitious of business entrepreneurs. Suitable experience and the right contacts should fast track newly appointed Master Distributors to a high earning level in the shortest possible time; after which the business should rapidly multiply on its own energy and feed off its early success. SUMMARY A Master Distributorship with the Peartrack brand could be described as the "Holy Grail" for businessmen and business women alike because it is the rarest of opportunities to get in at the beginning before the brand becomes Internationally recognized in countries on all continents. When this happens, the investment required to claim such an exalted status of Exclusive Country Master Distributor usually becomes out of reach to all but the very wealthiest of business people. To receive more information on what we hope could prove a life changing experience for you, please fill out the information here: http://www.thefranchisemall.com/requests/default.asp?id=14284

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.