The Intelligent Office vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
The Intelligent Office Franchise
PEAK Elevator Franchise
Investment $311,000 - $537,100 $100,500 - $283,000
Franchise Fee $48,000 $17,500 - $35,000
Royalty Fee 5% 6%
Advertising Fee - 0.5% Nat'l + 0.5% local
Year Founded 1995 -
Year Franchised 1999 -
Term Of Agreement 20 years 7 years +5+5
Term Of Agreement 20 years 7 years +5+5
Renewal Fee - -


Business Experience Requirements

 
The Intelligent Office Franchise
PEAK Elevator Franchise
Experience - -

Financing Options

 
The Intelligent Office Franchise
PEAK Elevator Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/No -/-
Start-up Costs No/No -/-
Equipment No/Yes -/-
Inventory No/No -/-
Receivables No/No -/-
Payroll No/No -/-

Training & Support

 
The Intelligent Office Franchise
PEAK Elevator Franchise
Training Ongoing 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 Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives 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 Ad slicks, National media -
Operations - -

Expansion Plans

 
The Intelligent Office Franchise
PEAK Elevator Franchise
US Expansion - Yes
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
The Intelligent Office Franchise
$311,000 - $537,100
PEAK Elevator Franchise
$100,500 - $283,000
Franchise Fee
The Intelligent Office Franchise
$48,000
PEAK Elevator Franchise
$17,500 - $35,000
Royalty Fee
The Intelligent Office Franchise
5%
PEAK Elevator Franchise
6%
Advertising Fee
The Intelligent Office Franchise
-
PEAK Elevator Franchise
0.5% Nat'l + 0.5% local
Year Founded
The Intelligent Office Franchise
1995
PEAK Elevator Franchise
-
Year Franchised
The Intelligent Office Franchise
1999
PEAK Elevator Franchise
-
Term Of Agreement
The Intelligent Office Franchise
20 years
PEAK Elevator Franchise
7 years +5+5
Renewal Fee
The Intelligent Office Franchise
-
PEAK Elevator Franchise
-


Business Experience Requirements

Experience
The Intelligent Office Franchise
-
PEAK Elevator Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
The Intelligent Office Franchise
No/No
PEAK Elevator Franchise
-/-
Start-up Costs
The Intelligent Office Franchise
No/No
PEAK Elevator Franchise
-/-
Equipment
The Intelligent Office Franchise
No/Yes
PEAK Elevator Franchise
-/-
Inventory
The Intelligent Office Franchise
No/No
PEAK Elevator Franchise
-/-
Receivables
The Intelligent Office Franchise
No/No
PEAK Elevator Franchise
-/-
Payroll
The Intelligent Office Franchise
No/No
PEAK Elevator Franchise
-/-

Training & Support

Training
The Intelligent Office Franchise
Ongoing
PEAK Elevator Franchise
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
The Intelligent Office Franchise
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
PEAK Elevator Franchise
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
The Intelligent Office Franchise
Ad slicks, National media
PEAK Elevator Franchise
-
Operations
The Intelligent Office Franchise
-
PEAK Elevator Franchise
-

Expansion Plans

US Expansion
The Intelligent Office Franchise
-
PEAK Elevator Franchise
Yes
Canada Expansion
The Intelligent Office Franchise
No
PEAK Elevator Franchise
-
International Expansion
The Intelligent Office Franchise
Yes
PEAK Elevator Franchise
-

Company Overviews

About The Intelligent Office

Our proven system is recognized as one of the most powerful and detailed in the industry. When you join the Intelligent Office network as a franchisee, you are off and running with a well prepared plan that is the by-product of many years of successful franchising.

The Intelligent Office offers a good work/life balance. It runs from 8:30 to 5pm, without much need to work evenings and weekends. Also, the training is exceptional, something we place great value on. The franchise staff are well trained to perform all duties, so that owners can focus on other aspects of the business and not worry about putting out fires all day long. It's a growing market. More and more people are teleworking… it is a trend that's becoming the norm and there's really no going back to the traditional office model. Luckily, Intelligent Office has established itself as a leader, early on, in this market.

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.