Thriveworks vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees
  Thriveworks PEAK Elevator
Investment 16700 - 79282 118000 - 283000
Franchise Fee
Royalty Fee 3% 6%
Advertising Fee 1% 0.5% Nat'l + 0.5% local
Year Founded 2008 0
Year Franchised 2013 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Thriveworks PEAK Elevator
Experience

Financing Options
  Thriveworks PEAK Elevator
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Thriveworks PEAK Elevator
Training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center 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 Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations 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
  Thriveworks 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
Thriveworks
PEAK Elevator
Franchise Fee
Thriveworks
PEAK Elevator
Royalty Fee
Thriveworks 3%
PEAK Elevator 6%
Advertising Fee
Thriveworks 1%
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
Thriveworks 2008
PEAK Elevator 0
Year Franchised
Thriveworks 2013
PEAK Elevator 0
Term Of Agreement
Thriveworks
PEAK Elevator 7 years +5+5
Renewal Fee
Thriveworks
PEAK Elevator


Business Experience Requirements
Experience
Thriveworks
PEAK Elevator

Financing Options
 
Franchise Fees
Thriveworks
PEAK Elevator
Start-up Costs
Thriveworks
PEAK Elevator
Equipment
Thriveworks}
PEAK Elevator
Inventory
Thriveworks
PEAK Elevator
Receivables
Thriveworks
PEAK Elevator
Payroll
Thriveworks
PEAK Elevator

Training & Support
Training
Thriveworks On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
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
Thriveworks Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
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
Thriveworks
PEAK Elevator
Operations
Thriveworks
PEAK Elevator

Expansion Plans
US Expansion
Thriveworks 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
Thriveworks
PEAK Elevator
International Expansion
Thriveworks
PEAK Elevator