AmSpirit Business Connections vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
AmSpirit Business Connections Franchise
PEAK Elevator Franchise
Investment $13,900 - $30,800 $100,500 - $283,000
Franchise Fee $9,999 $17,500 - $35,000
Royalty Fee 30% 6%
Advertising Fee - 0.5% Nat'l + 0.5% local
Year Founded 1997 -
Year Franchised 2006 -
Term Of Agreement 10 years +10 7 years +5+5
Term Of Agreement 10 years +10 7 years +5+5
Renewal Fee - -


Business Experience Requirements

 
AmSpirit Business Connections Franchise
PEAK Elevator Franchise
Experience - -

Financing Options

 
AmSpirit Business Connections Franchise
PEAK Elevator Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
AmSpirit Business Connections Franchise
PEAK Elevator Franchise
Training Columbus, OH 3 Days 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 Central Data Processing

Central Purchasing

Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

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

 
AmSpirit Business Connections Franchise
PEAK Elevator Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
AmSpirit Business Connections Franchise
$13,900 - $30,800
PEAK Elevator Franchise
$100,500 - $283,000
Franchise Fee
AmSpirit Business Connections Franchise
$9,999
PEAK Elevator Franchise
$17,500 - $35,000
Royalty Fee
AmSpirit Business Connections Franchise
30%
PEAK Elevator Franchise
6%
Advertising Fee
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
0.5% Nat'l + 0.5% local
Year Founded
AmSpirit Business Connections Franchise
1997
PEAK Elevator Franchise
-
Year Franchised
AmSpirit Business Connections Franchise
2006
PEAK Elevator Franchise
-
Term Of Agreement
AmSpirit Business Connections Franchise
10 years +10
PEAK Elevator Franchise
7 years +5+5
Renewal Fee
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-


Business Experience Requirements

Experience
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-
Start-up Costs
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-
Equipment
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-
Inventory
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-
Receivables
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-
Payroll
AmSpirit Business Connections Franchise
-/-
PEAK Elevator Franchise
-/-

Training & Support

Training
AmSpirit Business Connections Franchise
Columbus, OH 3 Days
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
AmSpirit Business Connections Franchise
Central Data Processing

Central Purchasing

Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

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
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-
Operations
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-

Expansion Plans

US Expansion
AmSpirit Business Connections Franchise
Yes
PEAK Elevator Franchise
Yes
Canada Expansion
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-
International Expansion
AmSpirit Business Connections Franchise
-
PEAK Elevator Franchise
-

Company Overviews

About AmSpirit Business Connections

AmSpirit Business Connections organizes and supports groups of entrepreneurs, sales representatives and professionals, called Chapters, that meet each week to participate in a structured meeting format where they learn about each, develop professional relationships and exchange referrals. We are expanding our business model across the United States by offering franchises for this popular structured networking program. The AmSpirit Business Connections franchise opportunity is unique in that it is - Affordable - Most everyone who qualifies can be successfully operating an AmSpirit Business Connections franchise for an initial investment of well less than $15,000, which makes this one of the most affordable franchise opportunities available.

-  Professional - We designed our structured networking program to service businesses exclusively, which allows our franchisees to network with and consult highly qualified entrepreneurs, sales representatives and professionals.
-  Synergistic - Our structured networking program only operates a couple hours each day, this franchise opportunity dovetails nicely with (as well as helps build) our franchisees' current professional endeavor.


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.