PEAK Elevator FDD – Franchise Information, Costs and Fees
Type of Business
The PEAK Elevator™ Franchisee will receive the right to market, advertise, sell, and perform the installation, modernization, service and maintenance of commercial and residential elevators and escalators for customers.
Corporate Information
PEAK Vertical Transportation Group, LLC is a Colorado limited liability company, organized on March 14, 2016. They maintain their principal place of business at 8700Turnpike Drive, Suite 240, Westminster, CO 80031. They are a wholly-owned subsidiary of McGinnis Holdings, LLC, a Delaware limited liability company
Investment
The estimated initial total investment for a PEAK Elevator™ Franchise ranges from $118,000 to $283,000 for a new franchise and $100,500 to $274,250 for a conversion franchise. This includes the Initial Franchise Fee of $35,000 for a new franchise or $17,500 to $26,250 for a conversion franchise that must be paid to the franchisor or an affiliate.