Office Evolution vs PEAK Elevator Franchise Comparison

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

Start-Up Costs and Fees

  Office Evolution PEAK Elevator
Investment 60825 - 1485150 118000 - 283000
Franchise Fee
Royalty Fee 7.50% 6%
Advertising Fee 3% 0.5% Nat'l + 0.5% local
Year Founded 2003 0
Year Franchised 2013 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Office Evolution PEAK Elevator
Experience Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location

Financing Options

  Office Evolution PEAK Elevator
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Office Evolution PEAK Elevator
Training We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours 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 Office Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform 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 Regional Advertising Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1

Expansion Plans

  Office Evolution 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
Office Evolution
PEAK Elevator
Franchise Fee
Office Evolution
PEAK Elevator
Royalty Fee
Office Evolution 7.50%
PEAK Elevator 6%
Advertising Fee
Office Evolution 3%
PEAK Elevator 0.5% Nat'l + 0.5% local
Year Founded
Office Evolution 2003
PEAK Elevator 0
Year Franchised
Office Evolution 2013
PEAK Elevator 0
Term Of Agreement
Office Evolution
PEAK Elevator 7 years +5+5
Renewal Fee
Office Evolution
PEAK Elevator


Business Experience Requirements

Experience
Office Evolution Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location
PEAK Elevator

Financing Options

 
Franchise Fees
Office Evolution
PEAK Elevator
Start-up Costs
Office Evolution
PEAK Elevator
Equipment
Office Evolution}
PEAK Elevator
Inventory
Office Evolution
PEAK Elevator
Receivables
Office Evolution
PEAK Elevator
Payroll
Office Evolution
PEAK Elevator

Training & Support

Training
Office Evolution We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours
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
Office Evolution Office Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
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
Office Evolution Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
PEAK Elevator
Operations
Office Evolution Absentee Ownership Allowed Number of Employees Required to Run: 1
PEAK Elevator

Expansion Plans

US Expansion
Office Evolution 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
Office Evolution Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
PEAK Elevator
International Expansion
Office Evolution
PEAK Elevator