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Below is an in-depth analysis and side-by-side comparison of PEAK Elevator vs OfficeZilla including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $118,000 - $283,000 | $21,300 - $30,250 |
Franchise Fee | $35,000 | $5,000 - $15,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | 0.5% Nat'l + 0.5% local | - |
Year Founded | - | 2012 |
Year Franchised | - | 2014 |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | Yes/- |
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. | On-The-Job Training: As needed Classroom Training: 10-20 hours Additional Training: Online, webinar & phone training |
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. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
OfficeZilla was founded in 2012 with the belief that the office products industry was ready for a fun, flexible, and customer-obsessed way of doing business. Combining proprietary web-based tools with a dedicated support team and a commitment to exceptional service, OfficeZilla provides an outstanding shopping experience for customers.
The company began franchising in 2014 and now has over 27 franchisees in
the continental United States. The executive team boasts more than 50
years of experience building and growing some of the world’s
fastest-growing franchise concepts, category leaders and some of the
world’s most well-known brands. OfficeZilla was awarded the
2016 Pacesetter Award by the Atlanta Business Chronicle as one of the
fastest-growing privately-owned companies in the state.