Nationwide LiftsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Nationwide Lifts franchise requires a total initial investment of $50K – $75K, including a $30K franchise fee and an ongoing 3.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: F. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $50K – $75K
- 6th pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- 3.0%
- 1st pct Home Services
- Units
- 14
- 23rd pct Home Services
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $50K – $75K including a $30K franchise fee, 3.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 94/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- NATIONWIDE LIFTS, INC.
- Incorporated in
- NY
- HQ
- 10B Holden Avenue, Queensbury, NY 12804
- Auditor
- Beecher & Bethel, LLP
- Audited financials
- Franchisor revenue
- $463K
- vs $449K prior year
Overview
About
Franchisees operate or manage elevator and lift installation, maintenance, and repair services for residential and commercial clients. Day-to-day work involves scheduling service calls, managing technician crews, handling customer relationships, and performing safety inspections and regulatory compliance work. The business model likely relies on recurring maintenance contracts and emergency service calls.
- CEO
- Andrew Darnley, III
- Headquarters
- NY
- Founded
- 2004
- FDD year
- 2022
- States available
- 10
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $5K | $15K |
| Equipment, build-out, other | $15K | $30K |
| Total initial investment | $50K | $75K |
Source: Nationwide Lifts 2022 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $50K – $75K
- Better than avg vs category
- Liquid capital req'd
- $5K – $15K
- Better than avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 3.0%
- percentage · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 4.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 3.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Transfer fee | $25 |
| Renewal fee | $0 |
| Total fee load | 4.5% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How Nationwide Lifts Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 14
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 79%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 1
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 10 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $670K
- Median loan
- $335K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Nationwide Lifts's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 2 states
- Startup risk premium and job creation velocity
- 2-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Nationwide Lifts presents caution-to-high-risk profile due to lack of financial disclosure, tiny unit base with unknown growth, franchisor going-concern issues, and opaque profitability metrics that prevent informed ROI analysis.
Audited financials (Item 21)
Yes · Beecher & Bethel, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 94 / 100 rating
- 01MINORNo Item 19 financial performance disclosure (avg revenue and net income not provided) — cannot validate ROI claims
- 02MINORTiny system with only 14 units and unknown growth trajectory — high risk of system collapse or consolidation
- 03MEDHybrid fee structure ($30k franchise fee + $1,250/month + 3% royalty) creates high fixed overhead that may not be justified by disclosed performance
- 04HIGHGoing Concern status is FALSE — suggests financial instability or uncertainty in franchisor viability
- 05MINORMinimal franchisee base (14 units) limits peer validation and increases single-point-of-failure risk
- 06HIGHNo litigation disclosed but small system size means disputes may not reach public record
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Governing law | New York |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 72 hrs
- On-the-job training
- 64 hrs
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
15 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Nationwide Lifts · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Nationwide Lifts franchise?
The total investment to open a Nationwide Lifts franchise ranges from $50K – $75K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Nationwide Lifts franchise owners earn?
Nationwide Lifts does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Nationwide Lifts's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Nationwide Lifts (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Nationwide Lifts franchise locations are there?
As of their most recent FDD filing, Nationwide Lifts has 14 total units in the United States, including 11 franchised units and 3 company-owned units.
Is Nationwide Lifts a good franchise to buy?
FranchiseVerdict rates Nationwide Lifts as a F-grade franchise with a risk score of 94 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Nationwide Lifts, you can request corrections or provide updated information.
Claim this brandOther Home Services franchises
Compare similar franchise opportunities in the Home Services category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.