PEAK Elevator vs Blue Coast Savings Consultants Franchise Comparison

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

Start-Up Costs and Fees
 
PEAK Elevator Franchise
Blue Coast Savings Consultants Franchise
Investment $118,000 - $283,000$22,900
Franchise Fee $35,000N/A
Royalty Fee 6%-
Advertising Fee 0.5% Nat'l + 0.5% local-
Year Founded -2007
Year Franchised -2007
Term Of Agreement 7 years +5+5-
Term Of Agreement 7 years +5+5-
Renewal Fee --


Business Experience Requirements
 
PEAK Elevator Franchise
Blue Coast Savings Consultants Franchise
Experience --

Financing Options
 
PEAK Elevator Franchise
Blue Coast Savings Consultants Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
PEAK Elevator Franchise
Blue Coast Savings Consultants 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.Manual 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.Newsletter Meetings 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
Blue Coast Savings Consultants 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 Blue Coast Savings Consultants

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Blue Coast excels at Savings Consulting.
Over the last fifteen years, we have helped save thousands of business owners millions of dollars! The money we have saved businesses helped bolster their financial situations, preserve jobs, and not have to lay off workers; and boosted stronger companies to use their savings to expand their operations and hire more workers.
Blue Coast has become the most trusted national organization in business savings consulting, and the most unique business model in the country.
Companies engage us to save them money, with a performance guarantee, which cannot be beat. We either find them savings or there is no fee! This true value proposition is all reward and no risk to the business owner, which makes it easy for our advisors to engage more business clients than anyone else.
Companies can increase profits two ways, increase revenues or decrease expenses. We focus on decreasing expenses.
Imagine owning a business with virtually zero down side. A business where practically every business owner you meet not only needs, but wants, your services and solutions. An opportunity where residual income and leveraging go hand in hand. Now stop imagining and start getting to know Blue Coast Savings.