RetroTax vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

  RetroTax PEAK Elevator
Investment 33450 - 46000 118000 - 283000
Franchise Fee
Royalty Fee 6%
Advertising Fee 0.5% Nat'l + 0.5% local
Year Founded 0 0
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  RetroTax PEAK Elevator
Experience * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus

Financing Options

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

Training & Support

  RetroTax PEAK Elevator
Training Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel. 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 Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee. 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

  RetroTax 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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
RetroTax
PEAK Elevator
Franchise Fee
RetroTax
PEAK Elevator
Royalty Fee
RetroTax
PEAK Elevator 6%
Advertising Fee
RetroTax
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
RetroTax 0
PEAK Elevator 0
Year Franchised
RetroTax 0
PEAK Elevator 0
Term Of Agreement
RetroTax
PEAK Elevator 7 years +5+5
Renewal Fee
RetroTax
PEAK Elevator


Business Experience Requirements

Experience
RetroTax * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus
PEAK Elevator

Financing Options

 
Franchise Fees
RetroTax No
PEAK Elevator No
Start-up Costs
RetroTax
PEAK Elevator
Equipment
RetroTax}
PEAK Elevator
Inventory
RetroTax
PEAK Elevator
Receivables
RetroTax
PEAK Elevator
Payroll
RetroTax
PEAK Elevator

Training & Support

Training
RetroTax Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel.
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
RetroTax Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee.
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
RetroTax
PEAK Elevator
Operations
RetroTax
PEAK Elevator

Expansion Plans

US Expansion
RetroTax
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
RetroTax
PEAK Elevator
International Expansion
RetroTax
PEAK Elevator