PEAK Elevator vs Fitness Machine Technicians Franchise Comparison

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

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


Business Experience Requirements
  PEAK Elevator Fitness Machine Technicians
Experience

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

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

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


Business Experience Requirements
Experience
PEAK Elevator
Fitness Machine Technicians

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

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

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