Top Ten Percent vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

  Top Ten Percent PEAK Elevator
Investment 49445 - 97250 118000 - 283000
Franchise Fee
Royalty Fee 6%
Advertising Fee 0.5% Nat'l + 0.5% local
Year Founded 2012 0
Year Franchised 2014 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Top Ten Percent PEAK Elevator
Experience Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.

Financing Options

  Top Ten Percent PEAK Elevator
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Top Ten Percent PEAK Elevator
Training Initial five-day training program at our franchise headquarters in Westerville, Ohio 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 Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply 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
Operations

Expansion Plans

  Top Ten Percent 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
Top Ten Percent
PEAK Elevator
Franchise Fee
Top Ten Percent
PEAK Elevator
Royalty Fee
Top Ten Percent
PEAK Elevator 6%
Advertising Fee
Top Ten Percent
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
Top Ten Percent 2012
PEAK Elevator 0
Year Franchised
Top Ten Percent 2014
PEAK Elevator 0
Term Of Agreement
Top Ten Percent
PEAK Elevator 7 years +5+5
Renewal Fee
Top Ten Percent
PEAK Elevator


Business Experience Requirements

Experience
Top Ten Percent Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.
PEAK Elevator

Financing Options

 
Franchise Fees
Top Ten Percent
PEAK Elevator
Start-up Costs
Top Ten Percent
PEAK Elevator
Equipment
Top Ten Percent}
PEAK Elevator
Inventory
Top Ten Percent
PEAK Elevator
Receivables
Top Ten Percent
PEAK Elevator
Payroll
Top Ten Percent
PEAK Elevator

Training & Support

Training
Top Ten Percent Initial five-day training program at our franchise headquarters in Westerville, Ohio
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
Top Ten Percent Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply
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
Top Ten Percent
PEAK Elevator
Operations
Top Ten Percent
PEAK Elevator

Expansion Plans

US Expansion
Top Ten Percent 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
Top Ten Percent
PEAK Elevator
International Expansion
Top Ten Percent
PEAK Elevator