PEAK Elevator Franchise

Elevator contractor

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.

It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!

Please Note: The operators of PEAK Elevator, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official PEAK Elevator website.

How much does it cost to open a PEAK Elevator Franchise?

The investment required to open a PEAK Elevator Franchise is between $118,000-$283,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the PEAK Elevator name.

Individual Unit Costs

Initial Investment:
$118,000-$283,000
Initial Franchise Fee:
$35,000
Royalty Fee:
6%
Advertising Fee:
0.5% Nat'l + 0.5% local
Term of Agreement:
7 years +5+5

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News and Press Releases

PEAK Elevator™ to Host Franchise Opportunity Forum in Arlington
Peak Elevator, a leader in the vertical transportation industry, will host opportunity forums on May 9, 11, and 13 at the Hilton Arlington in Arlington, Texas. The Franchise Forum sessions will highlight PEAK Elevator™'s exclusive franchise offering and is open to technicians, sales ass...

PEAK Elevator Franchising with President & CEO Randy McGinnis
Few things compare to the pride you feel when starting your own business. No one understands this feeling better than PEAK Elevator™ President and CEO and long-time elevator technician Randy McGinnis. A deep desire to extend this pride to like-minded professionals inspired him and his brot...

PEAK Elevator News & Press Releases

PEAK Elevator Franchise Growth History

When did the first PEAK Elevator open? N/A
When did PEAK Elevator start Franchising? N/A

PEAK Elevator Franchise Expansion Plans

United States: Nationwide

Training & Support

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.

How much does a PEAK Elevator Franchise owner make?

To calculate how much income a franchise owner can do at PEAK Elevator Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

Elevator services

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Legal Disclaimer: This information is not a franchise offering for PEAK Elevator and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a PEAK Elevator franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.