The Organization Supporting Business Owners vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
The Organization Supporting Business Owners Franchise
PEAK Elevator Franchise
Investment $25,000$118,000 - $283,000
Franchise Fee N/A$35,000
Royalty Fee -6%
Advertising Fee -0.5% Nat'l + 0.5% local
Year Founded --
Year Franchised --
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements

 
The Organization Supporting Business Owners Franchise
PEAK Elevator Franchise
Experience --

Financing Options

 
The Organization Supporting Business Owners Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Organization Supporting Business Owners Franchise
PEAK Elevator 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

 
The Organization Supporting Business Owners Franchise
PEAK Elevator Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Organization Supporting Business Owners

NO LONGER FRANCHISING

OSBO is expanding our local consulting and training benefits through franchise territories. Our OSBO franchisees will have access to the latest technology, to manage their database, develop reports and handle the accounting for the membership. Each franchise territory will have its own locally branded website for posting local events and member information. We offer our franchisees a business with low overhead and no requirements of a physical location. For more information about an OSBO Franchise, please contact OSBO Franchising, LLC at [email protected] e-mail address is being protected from spam bots, you need JavaScript enabled to view it and visit our membership site at http://www.osbo.org/. Benefits of an OSBO Franchisee REASONS TO BECOME AN OSBO FRANCHISEE * An exciting new franchise concept * Five years of success * Exclusive territory * Low overhead * No physical location is required * Accounting and merchant fees managed by Corporate Office * Locally branded website * Online reporting * Online database * Low monthly fees * Builds visibility in the business community for the franchisee * A great compliment to an existing sales and business support service company * Complimentary to other franchise concepts and franchise ownership A GREAT PRODUCT THAT BUSINESS OWNERS NEED OSBO membership benefits are a product that any business owner could use. A low annual fee makes it an easy decision for a business owner to join. Benefits extend to the employees of the member firms making it attractive to a business of any size. Association Health programs make membership a great advantage to small business owners without existing health plans. REVENUE STREAMS FOR FRANCHISEES Franchisees receive 70% of revenue from memberships and local consulting fees and all of the local revenue from local events. OSBO offers a tiered membership program based on the number of locations that a company has in a franchise territory increasing the revenue opportunity for the franchisee. OSBO has local consulting teams that pay an additional monthly fee to become the consultant in their category. Since OSBO membership benefits include the employees of each member firm, companies with multiple locations pay higher membership fees. The membership fees are annual giving the franchisee residual income when the members renew.

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.