Start-Up Costs and Fees |
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| Payroll Vault | PEAK Elevator | |
| Investment | 49135 - 65769 | 118000 - 283000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 0.5% Nat'l + 0.5% local | |
| Year Founded | 2008 | 0 |
| Year Franchised | 2012 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Payroll Vault | PEAK Elevator | |
| Experience | Accounting/Business background is helpful but not necessary. | |
Financing Options |
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| Payroll Vault | PEAK Elevator | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Payroll Vault | PEAK Elevator | |
| Training | 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year. | 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 | You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier. | 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 | This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing. | |
Expansion Plans |
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| Payroll Vault | PEAK Elevator | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Payroll Vault | |
| PEAK Elevator | |
| Franchise Fee | |
| Payroll Vault | |
| PEAK Elevator | |
| Royalty Fee | |
| Payroll Vault | 6% |
| PEAK Elevator | 6% |
| Advertising Fee | |
| Payroll Vault | |
| PEAK Elevator | 0.5% Nat'l + 0.5% local |
| Year Founded | |
| Payroll Vault | 2008 |
| PEAK Elevator | 0 |
| Year Franchised | |
| Payroll Vault | 2012 |
| PEAK Elevator | 0 |
| Term Of Agreement | |
| Payroll Vault | 5 years |
| PEAK Elevator | 7 years +5+5 |
| Renewal Fee | |
| Payroll Vault | |
| PEAK Elevator | |
Business Experience Requirements |
|
| Experience | |
| Payroll Vault | Accounting/Business background is helpful but not necessary. |
| PEAK Elevator | |
Financing Options |
|
| Franchise Fees | |
| Payroll Vault | |
| PEAK Elevator | |
| Start-up Costs | |
| Payroll Vault | |
| PEAK Elevator | |
| Equipment | |
| Payroll Vault} | |
| PEAK Elevator | |
| Inventory | |
| Payroll Vault | |
| PEAK Elevator | |
| Receivables | |
| Payroll Vault | |
| PEAK Elevator | |
| Payroll | |
| Payroll Vault | |
| PEAK Elevator | |
Training & Support |
|
| Training | |
| Payroll Vault | 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year. |
| PEAK Elevator | 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 | |
| Payroll Vault | You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier. |
| PEAK Elevator | 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 | |
| Payroll Vault | |
| PEAK Elevator | |
| Operations | |
| Payroll Vault | This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing. |
| PEAK Elevator | |
Expansion Plans |
|
| US Expansion | |
| Payroll Vault | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| PEAK Elevator | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Payroll Vault | |
| PEAK Elevator | |
| International Expansion | |
| Payroll Vault | |
| PEAK Elevator | |