PEAK Elevator vs Relocation Strategies Franchise Comparison

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

Start-Up Costs and Fees
 
PEAK Elevator Franchise
Relocation Strategies Franchise
Investment $118,000 - $283,000$62,500 - $88,200
Franchise Fee $35,000$52,000 - $68,000
Royalty Fee 6%3%-6%
Advertising Fee 0.5% Nat'l + 0.5% local-
Year Founded -1993
Year Franchised -2001
Term Of Agreement 7 years +5+5-
Term Of Agreement 7 years +5+5-
Renewal Fee --


Business Experience Requirements
 
PEAK Elevator Franchise
Relocation Strategies Franchise
Experience --

Financing Options
 
PEAK Elevator Franchise
Relocation Strategies Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
PEAK Elevator Franchise
Relocation Strategies 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. On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices
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.Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations -Number of Employees Required to Run: 2 - 5

Expansion Plans
 
PEAK Elevator Franchise
Relocation Strategies Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Relocation Strategies

If you’re not just looking for another quick-serve restaurant or home repair business model, then Relocation Strategies could be the franchise for you! Relocation Strategies has worked with more Fortune 500 companies than any other independent project consulting firm in the United States!
Relocation Strategies was founded in 1994 to provide corporate entities and privately owned businesses with a viable option to manage and coordinate the immense task of relocation of office, industrial, medical and manufacturing locations. Our business model has proven successful and necessary time and time again for companies both large and small. RSI’s service offerings have taken our business not only all over the country, but also around the world to provide quality move management and relocation consulting services. Therefore, Relocation Strategies has developed a network of franchise locations to better serve the needs of the local corporations and businesses across multiple territories. Our goal is to continue to build a strong family of franchise locations that will provide bilateral support and referrals in order to corner this incredibly profitable and niche market, which as of today is virtually untapped! As a new franchisee, you’ll not only be the owner of your own business with tremendous potential, but you will also be part of the national Relocation Strategies network; providing revenue opportunities across the United States. You are affiliating yourself with a successful business with a long standing history and strong service reputation. Additionally, you will share the following advantages:

Veteran Incentives  Varies