FranDB
Nationwide Lifts

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.

ServicesYorkville, ILwww.nwlifts.com
No Item 19SBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
N/A
Franchise Fee
$30,000
Locations
12

Financial Requirements

Franchise Fee$30,000
Initial Investment RangeN/A
Royalty Rate3.00%
Brand FundN/A
0

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

Franchise Stats

Franchise Locations12
Corporate Locations3
States Operating11
Franchising SinceN/A
FDD Year2025

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

How Nationwide Lifts Compares to Other Home Improvement Franchises

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Nationwide Lifts
Current
N/A$30K3.0%12
BUDGET BLINDS$101K - $211K$20K3.5%1,366
Koala Insulation$189K - $234K$50K6.5%395
CERTA PROPAINTERS$171K - $321K$65KN/A303
FCI$184K - $249K$55K5.0%288
That 1 Painter$113K - $189K$59K6.0%265
Home Improvement Average
63 franchises
$140K - $247K$52K6.2%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1TX
2
2CA
2
3IL
1
4MA
1
5MI
1
6MO
1
7UT
1
8WI
1
9WY
1
10CO
1

SBA Loan History

Historical SBA 7(a) loan data for Nationwide Lifts franchisees (2021 - 2022)

Total Loans
2
Average Loan Amount
$335,000
Total Loan Volume
$670,000
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
4

Frequently Asked Questions

How many Nationwide Lifts franchise locations are there?

As of the 2025 FDD, Nationwide Lifts has 12 franchise locations.

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

Yes, SBA loans are available for Nationwide Lifts franchises. Historical data shows 2 SBA 7(a) loans have been approved for Nationwide Lifts franchisees, with an average loan amount of $335,000. The historical default rate is 0.0%.

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.

Interested in Nationwide Lifts?

Talk to a franchise advisor to get personalized guidance and learn if Nationwide Lifts is the right fit for you.

Talk to an Advisor