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Updated RecentlyBtoB Connect vs PEAK Elevator Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BtoB Connect vs PEAK Elevator including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 - $30,000 | $118,000 - $283,000 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | $50 per chapter/per mo plus administration fee $150/mo | 6% |
| Advertising Fee | - | 0.5% Nat'l + 0.5% local |
| Year Founded | 2005 | - |
| Year Franchised | 2008 | - |
| Term Of Agreement | 5 or 10 years | 7 years +5+5 |
| Term Of Agreement | 5 or 10 years | 7 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Online and by video conference. Launch of your local area by franchisor. | 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 | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits | 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 | Online website. Email mailings. Additional Services: Grand Opening, online website. | - |
| Operations | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About BtoB Connect
Drive Your Core Business While Building Residual Income.
The exploding demand for the services of a B2B-only referral group versus mixed B2B and B2C groups is what prompted the creation and nationwide expansion of BtoB Connect, via exclusive franchising opportunities.
The best part of a BtoB Connect franchise is your ability to continue building your current business with qualified business referrals while creating residual income. If you're networking and doing business by referral already, you might as well get paid to do it!
Many franchise territories have already been sold. If you're interested in learning more about this exciting opportunity and have been the owner of a business-to-business company for at least three years, contact us to claim your territory.
BtoB Connect was created out of frustration with other networking groups. The
founders were tired of wasting time attending networking meetings that
were better suited for B2C businesses such as residential real estate or
landscaping, vitamin sales or other personal care products. BtoB
Connect's membership is B2B-only and filled with like-minded
professionals who want to help your business grow and have a network of
contacts synergistic to yours.
Contact [email protected] for more information
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.