Start-Up Costs and Fees |
||
| Recognition Express | PEAK Elevator | |
| Investment | 82100 - 118500 | 118000 - 283000 |
| Franchise Fee | ||
| Royalty Fee | 4-6% | 6% |
| Advertising Fee | 0.5% Nat'l + 0.5% local | |
| Year Founded | 1972 | 0 |
| Year Franchised | 1974 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Recognition Express | PEAK Elevator | |
| Experience | ||
Financing Options |
||
| Recognition Express | PEAK Elevator | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Recognition Express | PEAK Elevator | |
| 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. | |
| 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. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Recognition Express | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Recognition Express | |
| PEAK Elevator | |
| Franchise Fee | |
| Recognition Express | |
| PEAK Elevator | |
| Royalty Fee | |
| Recognition Express | 4-6% |
| PEAK Elevator | 6% |
| Advertising Fee | |
| Recognition Express | |
| PEAK Elevator | 0.5% Nat'l + 0.5% local |
| Year Founded | |
| Recognition Express | 1972 |
| PEAK Elevator | 0 |
| Year Franchised | |
| Recognition Express | 1974 |
| PEAK Elevator | 0 |
| Term Of Agreement | |
| Recognition Express | 10 years |
| PEAK Elevator | 7 years +5+5 |
| Renewal Fee | |
| Recognition Express | |
| PEAK Elevator | |
Business Experience Requirements |
|
| Experience | |
| Recognition Express | |
| PEAK Elevator | |
Financing Options |
|
| Franchise Fees | |
| Recognition Express | No |
| PEAK Elevator | No |
| Start-up Costs | |
| Recognition Express | |
| PEAK Elevator | |
| Equipment | |
| Recognition Express} | |
| PEAK Elevator | |
| Inventory | |
| Recognition Express | |
| PEAK Elevator | |
| Receivables | |
| Recognition Express | |
| PEAK Elevator | |
| Payroll | |
| Recognition Express | |
| PEAK Elevator | |
Training & Support |
|
| Training | |
| Recognition Express | |
| 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 | |
| Recognition Express | |
| 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 | |
| Recognition Express | |
| PEAK Elevator | |
| Operations | |
| Recognition Express | |
| PEAK Elevator | |
Expansion Plans |
|
| US Expansion | |
| Recognition Express | |
| 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 | |
| Recognition Express | 0 |
| PEAK Elevator | |
| International Expansion | |
| Recognition Express | |
| PEAK Elevator | |