About Nationwide Lifts Franchise
Nationwide Lifts is a franchise system that grants franchisees the right to market, sell, and install various home elevator products from established manufacturers.
Franchisees operate under the Nationwide Lifts trade name, utilizing the franchisor's approved product list, operating systems, and procedures to sell and install residential elevators, chair lifts, and dumbwaiters to homeowners and businesses.
Target customers include homeowners seeking accessibility solutions and businesses requiring elevator installations.
Nationwide Lifts Franchise Cost & Fees
Minimum Investment
$50K
Average Investment
$62K
Maximum Investment
$75K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 | One-time payment upon signing |
| Royalty Fee | 3% of Total Gross Receipts plus $1,250/month base of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 1.5% of Monthly Sales (not yet implemented) | National brand fund |
| Total Investment Range | $49,750 – $74,500 | Includes build-out, inventory, working capital |
The investment range of $50K–$75K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3% of Total Gross Receipts plus $1,250/month base) and marketing fee (Up to 1.5% of Monthly Sales (not yet implemented)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $30,000 | $30,000 |
| Travel & Living Expenses while Training | $500 | $2,500 |
| Leasehold Improvements | $0 | $5,000 |
| Furniture, Equipment & Computers | $3,000 | $5,000 |
| Truck (first/last month lease payments) | $250 | $1,000 |
| Initial Tools | $3,000 | $3,000 |
| Insurance | $7,000 | $7,000 |
| Grand Opening Promotion | $1,000 | $3,000 |
| Miscellaneous Opening Costs | $0 | $1,000 |
| Security and Lease Deposits | $0 | $2,000 |
| Additional Funds (6-month period) | $5,000 | $15,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 25% of then current initial franchise fee |
| Renewal Fee | No renewal fee |
| Audit Fee | Cost of audit plus 10% annual interest and 10% of underpaid royalty if underpayment of 3% or more is discovered |
| Local Advertising | At least 2% of monthly sales |
| Additional Franchise Management Training | $750 per person beyond the initial 2 included |
| Late Fee | $500 plus 1.5% per month interest if royalty not received within 7 days of due date |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 17 days total |
| Classroom Training | 72 hours |
| On-the-Job Training | 64 hours |
| Training Location | Headquarters (Queensbury, NY), vendor staff locations, and customer installation sites |
| Additional Training | $750 per person for training of employees beyond the initial 2 included in franchise fee. Annual conferences held at headquarters or other locations. Training may be abbreviated for candidates already in the elevator business. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Minimum population of 1,000,000 residents, defined by telephone area codes |
| Description | Franchisee receives an Exclusive Territory with a minimum population of 1,000,000 residents defined by telephone area codes. Franchisor will not establish other franchises or company-owned offices operating a residential home elevator business under any trade name in the protected area. Franchisee may not solicit outside protected territory. No alternative distribution channels (internet, catalog, telemarketing) permitted by either party. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Additional 10-year terms |
| Renewal Fee | No renewal fee |
| Renewal Conditions | Franchisee must be in good standing, provide written notice 90-180 days before expiration, sign then-current franchise agreement and general release. Territory boundaries remain the same. Continuing Royalty on renewal will not exceed royalty imposed on similarly situated renewing franchises. |
| Transfer Fee | 25% of the then current initial franchise fee |
| Transfer Conditions | Franchisor written consent required. New franchisee must qualify, transfer fee paid, purchase agreement approved, training arranged, release signed, all fees paid, current agreement signed by new franchisee. Franchisor has right of first refusal (10 days to notify, 45 days to complete purchase). |
| Termination for Cause | Curable defaults (7-30 day cure periods): non-payment, non-reporting, failure to meet standards, non-compliance with law, poor business practices, failure to obtain non-compete agreements, operating from non-approved site, offering services outside territory. Non-curable defaults (immediate termination): felony conviction, repeated defaults, abandonment, trademark misuse, unapproved transfers, bankruptcy/insolvency, false statements. |
| Non-Compete Period | 2 years |
| Non-Compete Details | Franchisee and guarantors must maintain absolute confidentiality of proprietary information for 2 years after agreement termination. Non-disclosure agreement for general managers restricts involvement in competing businesses within 50-mile radius of Protected Territory for 2 years after termination of employment. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Owner is not required to personally supervise the business. A manager who has completed the training program may operate the franchise on a day-to-day basis. The manager must sign confidentiality and non-compete agreements. Each individual owning 5% or greater interest must sign a Guarantee. |
| Required Suppliers | Four acceptable vendors for residential elevator, chair lift and dumb-waiter products. Elevation Innovations, Inc. (owned by President Andrew Darnley III) is the only approved supplier of dumb-waiters. |
| Supply Restrictions | 100% of products for resale must be purchased from approved vendors. Letterhead, business cards, signs, marketing materials, uniforms and supplies must meet quality standards in Operations Manual but may be purchased from any vendor. |
| Franchisor Revenue from Suppliers | In 2021, no revenue was derived from sales of goods or services to franchisees. Franchisor does not receive discounts or rebates exceeding those available to all franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer direct financing of Initial Franchise Fee or any other costs. Does not guarantee any obligations. |
Nationwide Lifts Franchise Earnings — Item 19
Nationwide Lifts does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Nationwide Lifts does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Nationwide Lifts Litigation & Risk Flags
Clean Litigation RecordNationwide Lifts has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Nationwide Lifts System Growth
Total Units
14
Franchised
11
Company-Owned
3
Nationwide Lifts currently operates 11 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 14 |
| 2020 | 0 | 0 | 14 |
| 2021 | 0 | 0 | 14 |
Transfers: 1 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Nationwide Lifts Franchise — FAQ
The total investment to open a Nationwide Lifts franchise ranges from $49,750 to $74,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $30,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Nationwide Lifts charges a royalty fee of 3% of Total Gross Receipts plus $1,250/month base of gross sales, plus a Up to 1.5% of Monthly Sales (not yet implemented) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Nationwide Lifts Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Nationwide Lifts to ensure you have the most up-to-date version.
Nationwide Lifts does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Nationwide Lifts has been franchising since 2004. The FDD shows an investment range of $49,750-$74,500, a 3% of Total Gross Receipts plus $1,250/month base royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $30,000 and the total investment ranges from $49,750 to $74,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Nationwide Lifts and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Nationwide Lifts or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com