Can you get an SBA loan for a Nationwide Lifts franchise?

Yes, SBA loans are available for Nationwide Lifts franchises. We have historical SBA 7(a) loan data on file including approval counts, average loan amounts, and default rates. Get full access to see the complete SBA loan history.

Is Nationwide Lifts a good franchise to buy?

Nationwide Lifts shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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Nationwide Lifts

Nationwide Lifts franchisees operate mobile businesses that sell, service, and install home elevators and associated products. The business model requires an initial investment of $49,200 to $74,500, including $30,000 paid to the franchisor or affiliates. They target residential customers, such as homeowners, seeking accessibility solutions like home elevators.

12locations

ServicesYorkville, ILwww.nwlifts.comDisclaimer

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Franchise Costs

Franchise Fee

$30,000

Initial Investment

N/A

Royalty Rate

3.00%

Brand Fund

N/A

3% royalty (or $1,250/mo minimum, whichever greater) + $1,500/mo national advertising fund + 2% of sales on local advertising

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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Nationwide Lifts Franchise Analysis

Home accessibility demands are surging with aging baby boomers craving independence, positioning Nationwide Lifts uniquely in the home elevator niche via mobile install services. But a small network and silence on Item 19 earnings leave profitability a mystery amid steady operations. What hidden metrics from SBA loans and growth projections reveal if this delivers real returns?

The 2025 FDD's Item 7 pegs initial investment at $49,200-$74,500, covering the $30,000 franchise fee paid to franchisors—far lower than many home services plays, suiting solo operators in Yorkville, IL-based HQ's model. Royalties hit 3% of gross or $1,250 monthly minimum, whichever greater, plus fixed $1,500 national ad fund and 2% local spend, totaling manageable ongoing bites that preserve margins on elevator sales, service, and installs for residential clients. This lean structure screams opportunity for quick breakeven in underserved markets.

System maturity shows 12 franchises alongside 3 corporates, stuck at 12 locations from 2023-2024 (0% growth) but eyeing 4 new units soon. Just 2 SBA loans averaging $335,000 hint at capital-intensive setups yet sparse adoption, signaling caution without Item 19's revenue transparency—franchisees lack benchmark AUVs or profits to model ROI. Flat expansion in a demographic goldmine suggests stability over sizzle; weigh if niche elevators justify the bet absent hard earnings proof.

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Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Nationwide Lifts Compares

Franchise	Investment	Fee	Royalty	Locations
Nationwide Lifts Current	N/A	$30K	3.0%	12
BUDGET BLINDS	$101K – $211K	$20K	3.5%	1,366
Koala Insulation	$195K – $242K	$50K	6.5%	333
Five Star Bath Solutions	$162K – $334K	$60K	6.0%	306
CERTA PROPAINTERS	$171K – $321K	$65K	N/A	303
FCI	$184K – $249K	$55K	5.0%	288
Home Improvement Average 64 franchises	$139K – $246K	$51K	6.2%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 64 Home Improvement franchises by location count.