PEAK Elevator Franchise

Elevator contractor

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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.

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$129.55 USD
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$129.55
$129.55


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Please Note: The operators of PEAK Elevator, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official PEAK Elevator website.

How much does it cost to open a PEAK Elevator Franchise ?

The investment required to open a PEAK Elevator Franchise is between $118,000 - $283,000 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the PEAK Elevator name.

Individual Franchise Costs

  • Initial Investment:
    $118,000 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    0.5% Nat'l + 0.5% local
  • Term of Agreement:
    7 years +5+5

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

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.

PEAK Elevator Growth History

When did the first PEAK Elevator open? N/A
When did PEAK Elevator start Franchising ? N/A

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



How much does a PEAK Elevator Franchise owner make?

To calculate how much income a franchise owner can do at PEAK Elevator Franchise , may vary on factors like location, size etc. On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise ver_a. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$35,000 - $283,000
Initial Franchise Fee
$35,000
Royalty Fee
6%
Advertising Fee
0.5% Nat'l + 0.5% local
Term of Agreement
7 years +5+5
PEAK Elevator Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for PEAK Elevator and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a PEAK Elevator franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.