PEAK Elevator vs 99 Dollar Social Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of PEAK Elevator vs 99 Dollar Social including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
PEAK Elevator Franchise
99 Dollar Social Franchise
Investment $118,000 - $283,000$99 - And Up
Franchise Fee $35,000$99
Royalty Fee 6%$99/mo.+
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
 
PEAK Elevator Franchise
99 Dollar Social Franchise
Experience --

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

Training & Support
 
PEAK Elevator Franchise
99 Dollar Social 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. By Video Online By Phone
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. Ongoing Support Newsletter Advertising/Marketing Sales Leads Technical Support Online Support Phone Support
Marketing --
Operations - - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business.

Expansion Plans
 
PEAK Elevator Franchise
99 Dollar Social Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.

About 99 Dollar Social

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$99 Social offers social media content management to help busy entrepreneurs maintain a solid presence on social media, so that when their customers and potential customers go looking for them, they’re there.
You offer fresh content for their social media pages, 7 days a week, 365 days a year for one crazy low price: Only $99/month

Offering opportunity in US, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America and Western Europe