PEAK Elevator vs Recognition Express Franchise Comparison

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

Start-Up Costs and Fees

  PEAK Elevator Recognition Express
Investment 118000 - 283000 82100 - 118500
Franchise Fee
Royalty Fee 6% 4-6%
Advertising Fee 0.5% Nat'l + 0.5% local
Year Founded 0 1972
Year Franchised 0 1974
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  PEAK Elevator Recognition Express
Experience

Financing Options

  PEAK Elevator Recognition Express
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  PEAK Elevator Recognition Express
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

  PEAK Elevator Recognition Express
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
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
PEAK Elevator
Recognition Express
Franchise Fee
PEAK Elevator
Recognition Express
Royalty Fee
PEAK Elevator 6%
Recognition Express 4-6%
Advertising Fee
PEAK Elevator 0.5% Nat'l + 0.5% local
Recognition Express
Year Founded
PEAK Elevator 0
Recognition Express 1972
Year Franchised
PEAK Elevator 0
Recognition Express 1974
Term Of Agreement
PEAK Elevator 7 years +5+5
Recognition Express 10 years
Renewal Fee
PEAK Elevator
Recognition Express


Business Experience Requirements

Experience
PEAK Elevator
Recognition Express

Financing Options

 
Franchise Fees
PEAK Elevator
Recognition Express
Start-up Costs
PEAK Elevator
Recognition Express
Equipment
PEAK Elevator}
Recognition Express
Inventory
PEAK Elevator
Recognition Express
Receivables
PEAK Elevator
Recognition Express
Payroll
PEAK Elevator
Recognition Express

Training & Support

Training
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.
Recognition Express
Support
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.
Recognition Express
Marketing
PEAK Elevator
Recognition Express
Operations
PEAK Elevator
Recognition Express

Expansion Plans

US Expansion
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
Recognition Express
Canada Expansion
PEAK Elevator
Recognition Express 0
International Expansion
PEAK Elevator
Recognition Express