5th Avenue Acquisitions vs PEAK Elevator Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 5th Avenue Acquisitions vs PEAK Elevator including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$63,990 - $72,500 | $118,000 - $283,000 |
Franchise Fee |
N/A | $35,000 |
Royalty Fee |
- | 6% |
Advertising Fee |
- | 0.5% Nat'l + 0.5% local |
Year Founded |
- | - |
Year Franchised |
- | - |
Term Of Agreement |
- | 7 years +5+5 |
Term Of Agreement |
- | 7 years +5+5 |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
We are seeking partners who are leaders in their business community that exude confidence and energy. Our ideal candidate should have business knowledge and be willing to learn what is necessary to be successful in specializing in Mergers & Acquisitions and venture capital. Critical skills includes: emotional control, stress management adaption in high-pressure environments. Conflict management skills are a plus.
| - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
One week comprehensive training program designed to teach you our complete turnkey system. You will receive unparalleled training and support, both locally and from our head office. | 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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About 5th Avenue Acquisitions
Where Healthcare Professionals Go To Buy Or Sell Their Practice5th Avenue Acquisitions & Venture Capitalists is a full service merger & acquisition firm that specializes in dental and medical practice transitions, as well as venture capital. We are seeking entrepreneurial individuals to manage a market and build together with us a future. We link buyers with sellers for dental practices and specialized medical professionals, including plastic surgeons, ophthalmologists, and others.
One of 5th Avenue Acquisitions & Venture Capitalists major benefits is that it's a home-based business. You manage and run your business from the comfort of your own home office. Most of the consultations with your clients are done over the phone, which means lower overhead costs and no commuting to and from work every day. Partner with 5th Avenue Acquisitions & Venture Capitalists and join a leading merger & acquisition firm with deep roots in providing 100% financing to medical practices. We focus on the Dental, Veterinary, Ophthalmological, and Plastic Surgery practices who need to grow, sell or need to change. . With our proprietary systems we have in place we are able to match a qualified practice and or prospect with the right opportunity. 5th Avenue Acquisitions is a leading merger & acquisition firm that works directly in the medical industry. We provide 100% financing to Dentists, Veterinarians, Ophthalmologists, and Plastic Surgeons with an impressive track record. With over a decade of financial and operational experience, you are able to reap the benefits when you partner with
5th Avenue Acquisitions and our Venture Capital group. This will enable you to utilize our broad industry knowledge and powerful network of financing relationships we have built over the years. One of our hottest programs we offer today is the 144a Bond Funding (http://www.5thaavc.com/144a-bond-funding). The commission on the 144a Bond Funding ranges from as little as $150,000 to as high as $2 million. Our fee is 1.5% on any loans that are 10 million and above. Some of our most successful franchisees have chosen to prioritize their focus and specialize on the Bond Funding area of our business.
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.