PEAK Elevator vs Thriveworks Franchise Comparison

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

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


Business Experience Requirements
  PEAK Elevator Thriveworks
Experience

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

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

Expansion Plans
  PEAK Elevator Thriveworks
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
Thriveworks
Franchise Fee
PEAK Elevator
Thriveworks
Royalty Fee
PEAK Elevator 6%
Thriveworks 3%
Advertising Fee
PEAK Elevator 0.5% Nat'l + 0.5% local
Thriveworks 1%
Year Founded
PEAK Elevator 0
Thriveworks 2008
Year Franchised
PEAK Elevator 0
Thriveworks 2013
Term Of Agreement
PEAK Elevator 7 years +5+5
Thriveworks
Renewal Fee
PEAK Elevator
Thriveworks


Business Experience Requirements
Experience
PEAK Elevator
Thriveworks

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

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

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
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
Canada Expansion
PEAK Elevator
Thriveworks
International Expansion
PEAK Elevator
Thriveworks