PostNet vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

 
PostNet Franchise
PEAK Elevator Franchise
Investment $174,767 - $217,275 $100,500 - $283,000
Franchise Fee $35,000 $17,500 - $35,000
Royalty Fee 5% 6%
Advertising Fee 2% 0.5% Nat'l + 0.5% local
Year Founded 1985 -
Year Franchised 1993 -
Term Of Agreement - 7 years +5+5
Term Of Agreement - 7 years +5+5
Renewal Fee - -


Business Experience Requirements

 
PostNet Franchise
PEAK Elevator Franchise
Experience PostNet is a retail and service business, and as such we are looking for people with outgoing personalities that would do an excellent job of representing the brand and their business to the public. The most successful PostNet franchisees are civic-minded and outgoing people who gain fulfillment from working with small business owners, schools and others in their communities. On a financial level, a potential PostNet franchisee must have a net worth of at least $300,000.00 and be (or be able to become) liquid for a minimum of $55,000.00. -

Financing Options

 
PostNet Franchise
PEAK Elevator Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/Yes -/-
Start-up Costs -/Yes -/-
Equipment -/Yes -/-
Inventory -/Yes -/-
Receivables -/Yes -/-
Payroll -/Yes -/-

Training & Support

 
PostNet Franchise
PEAK Elevator Franchise
Training On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening 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/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform 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 PostNet's marketing programs include- * Local programs, which the franchisees utilize to build and develop awareness and loyalty with current customer base. * Regional and cooperative advertising, where PostNet franchisees get together with other franchisees and leverage their strength in numbers. * National programs that are conducted by the PostNet National Ad Fund. PostNet is the only company in the industry that offers a first-year managed marketing program that includes both consumer advertising and business-to-business advertising to help develop an initial customer base and momentum for the growth of the business. Co-op Advertising Ad Templates Social media SEO Website development Email marketing -
Operations PostNet only grants franchises to individuals that are planning on being involved initially as a full-time owner operator. Long term, full-time ownership and operation of the centers are not required; however, initially it is critical because PostNet is a neighborhood business and it is up to the individual store owner to become actively involved in the community to promote the services and products offered. With PostNet, every franchisee offers a core of proven and high-demand services and products through their PostNet Center. However, depending on the needs of the local market and the franchisee's own attributes, other complimentary services that are consistent with the other PostNet offerings may be approved by PostNet. Services, as bookkeeping, advanced computer and database services, and eBay selling services are just some examples of other services and products that PostNet franchisees offer to the public through their PostNet Centers. Initially an owner operator of a franchise will typically have one (1) to two (2) part-time or full-time staff members to help with the operation of the store. As the business grows, and you build a customer base, more employees and staff will be needed. Our highest volume locations have six (6) to seven (7) full-time staff members including the franchisee. -

Expansion Plans

 
PostNet Franchise
PEAK Elevator Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
PostNet Franchise
$174,767 - $217,275
PEAK Elevator Franchise
$100,500 - $283,000
Franchise Fee
PostNet Franchise
$35,000
PEAK Elevator Franchise
$17,500 - $35,000
Royalty Fee
PostNet Franchise
5%
PEAK Elevator Franchise
6%
Advertising Fee
PostNet Franchise
2%
PEAK Elevator Franchise
0.5% Nat'l + 0.5% local
Year Founded
PostNet Franchise
1985
PEAK Elevator Franchise
-
Year Franchised
PostNet Franchise
1993
PEAK Elevator Franchise
-
Term Of Agreement
PostNet Franchise
-
PEAK Elevator Franchise
7 years +5+5
Renewal Fee
PostNet Franchise
-
PEAK Elevator Franchise
-


Business Experience Requirements

Experience
PostNet Franchise
PostNet is a retail and service business, and as such we are looking for people with outgoing personalities that would do an excellent job of representing the brand and their business to the public. The most successful PostNet franchisees are civic-minded and outgoing people who gain fulfillment from working with small business owners, schools and others in their communities. On a financial level, a potential PostNet franchisee must have a net worth of at least $300,000.00 and be (or be able to become) liquid for a minimum of $55,000.00.
PEAK Elevator Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-
Start-up Costs
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-
Equipment
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-
Inventory
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-
Receivables
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-
Payroll
PostNet Franchise
-/Yes
PEAK Elevator Franchise
-/-

Training & Support

Training
PostNet Franchise
On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening
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
PostNet Franchise
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
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
PostNet Franchise
PostNet's marketing programs include- * Local programs, which the franchisees utilize to build and develop awareness and loyalty with current customer base. * Regional and cooperative advertising, where PostNet franchisees get together with other franchisees and leverage their strength in numbers. * National programs that are conducted by the PostNet National Ad Fund. PostNet is the only company in the industry that offers a first-year managed marketing program that includes both consumer advertising and business-to-business advertising to help develop an initial customer base and momentum for the growth of the business. Co-op Advertising Ad Templates Social media SEO Website development Email marketing
PEAK Elevator Franchise
-
Operations
PostNet Franchise
PostNet only grants franchises to individuals that are planning on being involved initially as a full-time owner operator. Long term, full-time ownership and operation of the centers are not required; however, initially it is critical because PostNet is a neighborhood business and it is up to the individual store owner to become actively involved in the community to promote the services and products offered. With PostNet, every franchisee offers a core of proven and high-demand services and products through their PostNet Center. However, depending on the needs of the local market and the franchisee's own attributes, other complimentary services that are consistent with the other PostNet offerings may be approved by PostNet. Services, as bookkeeping, advanced computer and database services, and eBay selling services are just some examples of other services and products that PostNet franchisees offer to the public through their PostNet Centers. Initially an owner operator of a franchise will typically have one (1) to two (2) part-time or full-time staff members to help with the operation of the store. As the business grows, and you build a customer base, more employees and staff will be needed. Our highest volume locations have six (6) to seven (7) full-time staff members including the franchisee.
PEAK Elevator Franchise
-

Expansion Plans

US Expansion
PostNet Franchise
Yes
PEAK Elevator Franchise
Yes
Canada Expansion
PostNet Franchise
-
PEAK Elevator Franchise
-
International Expansion
PostNet Franchise
Yes
PEAK Elevator Franchise
-

Company Overviews

About PostNet

PostNet offers a variety of franchise opportunities from owning and operating a single store to taking our brand into new markets across the globe.
Single Unit PostNet's single unit license grants an individual or entity the right to own and operate an individual PostNet center in an approved business location.
Area Development PostNet's area development license grants an individual or entity the right to own and operate multiple PostNet centers with exclusive development rights in a specific territory.
Area Franchising PostNet's area franchise license grants an individual or entity the right to assist PostNet headquarters in developing a specific exclusive territory. This assistance includes providing hands-on support in recruiting new franchisees, securing new locations, coordinating the store development process and providing local training and pre-opening support to new franchisees.
Master Franchise PostNet's master franchise license grants an entity the exclusive right to develop and franchise PostNet Centers in a particular country with the training, guidance, and support of PostNet World Headquarters.
International Single Unit, Area Development and Area Franchise Opportunities Whether you are interested in developing a single store, multiple stores, an entire territory or pioneering the PostNet brand in your country, we have the right opportunity for you.
Veteran Incentives  35% off franchise fee

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.