MultiVista vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

  MultiVista PEAK Elevator
Investment 141500 - 548500 118000 - 283000
Franchise Fee
Royalty Fee 18% 6%
Advertising Fee 2% 0.5% Nat'l + 0.5% local
Year Founded 2003 0
Year Franchised 2007 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  MultiVista PEAK Elevator
Experience

Financing Options

  MultiVista PEAK Elevator
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  MultiVista PEAK Elevator
Training On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance 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 Newsletter 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5

Expansion Plans

  MultiVista 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
MultiVista
PEAK Elevator
Franchise Fee
MultiVista
PEAK Elevator
Royalty Fee
MultiVista 18%
PEAK Elevator 6%
Advertising Fee
MultiVista 2%
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
MultiVista 2003
PEAK Elevator 0
Year Franchised
MultiVista 2007
PEAK Elevator 0
Term Of Agreement
MultiVista
PEAK Elevator 7 years +5+5
Renewal Fee
MultiVista
PEAK Elevator


Business Experience Requirements

Experience
MultiVista
PEAK Elevator

Financing Options

 
Franchise Fees
MultiVista Yes
PEAK Elevator Yes
Start-up Costs
MultiVista
PEAK Elevator
Equipment
MultiVista}
PEAK Elevator
Inventory
MultiVista
PEAK Elevator
Receivables
MultiVista
PEAK Elevator
Payroll
MultiVista
PEAK Elevator

Training & Support

Training
MultiVista On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
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
MultiVista Newsletter 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
MultiVista Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
PEAK Elevator
Operations
MultiVista Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5
PEAK Elevator

Expansion Plans

US Expansion
MultiVista
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
MultiVista
PEAK Elevator
International Expansion
MultiVista
PEAK Elevator