Aspray Ltd vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
Aspray Ltd Franchise
PEAK Elevator Franchise
Investment $58,700 - $88,100$118,000 - $283,000
Franchise Fee N/A$35,000
Royalty Fee -6%
Advertising Fee -0.5% Nat'l + 0.5% local
Year Founded 2005-
Year Franchised 2005-
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements

 
Aspray Ltd Franchise
PEAK Elevator Franchise
Experience --

Financing Options

 
Aspray Ltd Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Aspray Ltd 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

 
Aspray Ltd Franchise
PEAK Elevator Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Aspray Ltd

Since Aspray's launch in 2005, we have enjoyed a steady sustainable growth and to date we have recruited 36 franchisees in the UK and 1 in Ireland since 2007. Come And Join Us History * The Management of Aspray has developed a lucrative and successful business managing building insurance claims, tenanted property refurbishments and general building services on behalf of the general public. * The company has grown into a substantial business with no direct competition and as part of their continued expansion, Aspray are now appointing Franchisees to manage specific areas across the United Kingdom. * Aspray plan to grow the network by 50 over the next twelve monthsand have complete UK National coverage by 2008 The Benefits * Every Franchisee receives comprehensive support from Aspray's national operations centre and a dedicated team of field support personnel. * By joining Aspray and following their "Business Blueprint " Franchisees have the opportunity to launch and build a successful and valuable business locally. * Aspray Franchisees enjoy a business that involves no cold calling, very low overheads (you can work from home), flexible working days and a high level of demand. * Positive cash flow, no minimum fees and high margins make this a business for the true entrepreneur who can see that Aspray will deliver a rapid and high rate of return. What Next * Reseach:- Firstly, research the franchise market in the UK and Ireland and look at all the options available to you. Read through the whole of this website and request an ASPRAY Franchise Brochure to be sent to you. * Apply:- After you have finished reading through the material, and have decided to learn more, complete the franchise application form and call James Whittle on 0800 077 6704 to make an appointment to visit the Aspray Head Office and meet the team. * Investigate:- Talk to our franchise owners to learn more about us. Ask them why they chose the Aspray Franchise. Conduct your own independent research into the industry and your own local market. * Review:- Review the legal document and prepare your own business plan using where required suitably qualified advisors. Discuss financial issues with your bank manager. Many will offer up to 70% finance on start-up costs. * Join the team:- It's as easy as that! Once you have finished your investigation and have secured approval to become an Aspray franchise owner, don't wait. There is a world of opportunity waiting for you once you make your decision.

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.