Fitness Machine Technicians vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees
  Fitness Machine Technicians PEAK Elevator
Investment 71450 - 118490 118000 - 283000
Franchise Fee
Royalty Fee 6% 6%
Advertising Fee 1% 0.5% Nat'l + 0.5% local
Year Founded 2002 0
Year Franchised 2012 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Fitness Machine Technicians PEAK Elevator
Experience

Financing Options
  Fitness Machine Technicians PEAK Elevator
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Fitness Machine Technicians PEAK Elevator
Training On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field 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 Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software 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 Ad Templates Social media SEO Website development
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
  Fitness Machine Technicians 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
Fitness Machine Technicians
PEAK Elevator
Franchise Fee
Fitness Machine Technicians
PEAK Elevator
Royalty Fee
Fitness Machine Technicians 6%
PEAK Elevator 6%
Advertising Fee
Fitness Machine Technicians 1%
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
Fitness Machine Technicians 2002
PEAK Elevator 0
Year Franchised
Fitness Machine Technicians 2012
PEAK Elevator 0
Term Of Agreement
Fitness Machine Technicians
PEAK Elevator 7 years +5+5
Renewal Fee
Fitness Machine Technicians
PEAK Elevator


Business Experience Requirements
Experience
Fitness Machine Technicians
PEAK Elevator

Financing Options
 
Franchise Fees
Fitness Machine Technicians Yes
PEAK Elevator Yes
Start-up Costs
Fitness Machine Technicians
PEAK Elevator
Equipment
Fitness Machine Technicians}
PEAK Elevator
Inventory
Fitness Machine Technicians
PEAK Elevator
Receivables
Fitness Machine Technicians
PEAK Elevator
Payroll
Fitness Machine Technicians
PEAK Elevator

Training & Support
Training
Fitness Machine Technicians On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field 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.
Support
Fitness Machine Technicians Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
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
Fitness Machine Technicians Ad Templates Social media SEO Website development
PEAK Elevator
Operations
Fitness Machine Technicians Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2
PEAK Elevator

Expansion Plans
US Expansion
Fitness Machine Technicians 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
Fitness Machine Technicians
PEAK Elevator
International Expansion
Fitness Machine Technicians
PEAK Elevator