PEAK Elevator vs SCA Appraisal Services Franchise Comparison

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

Start-Up Costs and Fees
 
PEAK Elevator Franchise
SCA Appraisal Services Franchise
Investment $118,000 - $283,000$27,300 - $39,950
Franchise Fee $35,000$10,000
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
SCA Appraisal Services Franchise
Experience --

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

Training & Support
 
PEAK Elevator Franchise
SCA Appraisal Services 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
 
PEAK Elevator Franchise
SCA Appraisal Services 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 SCA Appraisal Services

"SCA

SCA is a claims management firm that has been a leading provider to the insurance industry for over three decades. This has been achieved through our vast experience-gained knowledge of the claims process, a willingness to consistently provide quality products, and an unsurpassed dedication to customer service. To this point, we believe that the vehicle owner's experience is paramount and deserves all possible attention and care. To satisfy this market need SCA has put considerable resources into the areas of technology and communication. Through strong technology and appraisal partnerships SCA is continually refining our quality and workflow based on ever changing client requests to ensure our claims management process is the best in the business. With multiple layers of cutting edge 'exception based' management rules, electronic auditing that is second to none, and a customer focused service call center SCA has pulled ahead of the pack. Using a technology guided workflow to meet our client's needs, our franchisees can remain solely focused on estimate quality and the consumer experience.
  • Get in on the ground floor
  • Interested in a lucrative, exciting business opportunity
  • Want to be part of an approach that will revolutionize a multi-billion dollar industry
  • Are committed to the highest standards of business and business ethics
  • Be part of a professional franchise never done before
  • Looking for a franchise that is different and challenging
  • Long-term growth