FranchiseVerdict
PowerLift logo
FV-02017·MODERATEExcellent81

PowerLift

OtherFranchising since 2026Website
Investment
$2.3M – $3.3M
96th pct Other
Avg revenue
50th pct Other
Royalty
Units
47
64th pct Other
SBA default

Bottom line

  • Total investment $2.3M – $3.3M including a $10K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • System contracting at -15.2% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
PowerLift Franchising, Inc.
Parent company
Patrick Holding Company
Incorporated in
South Dakota
HQ
305 4th Street, Brookings, South Dakota 57006

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one PowerLift unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $2.3M–$3.3M
Working capital
$
FDD reports $30K–$50K

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$2.8M
Payback
322 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

PowerLift franchisees operate commercial garage door and loading dock equipment sales, installation, and service businesses, serving industrial and commercial clients. Day-to-day activities include site assessments, equipment installation/repair, customer service calls, and account management. The business model appears to be territory-based equipment distribution and installation with ongoing service revenue.

CEO
Richard Peterson
Founded
2024
FDD year
2026
States available
30

Item 7 · what it costs

The Vitals

Total investment
$2.3M – $3.3M
All-in to open one unit
Liquid capital
$30K – $50K
Cash you must have on hand
Franchise fee
$10K
Royalty
No royalty charge
Ad fund
$250.00 per pump purchased from us

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
47
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
98%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
-15.2%
Compounded over last 3 years
2024
39±0
Franchised units
2025
39
Franchised units
2026
46
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 28 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 28 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

PowerLift presents substantial risk due to extreme capital requirements paired with undisclosed financials, stagnant unit count, recent franchise law litigation, and apparent corporate financial distress.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDExtremely high capital requirement ($2.3M–$3.3M) with no royalty transparency and undisclosed average revenue/net income creates inability to validate ROI
  2. 02MINOROnly 47 units with unknown growth trajectory suggests stagnant or declining system; no unit growth data provided is itself a red flag
  3. 03HIGHRecent litigation (Inland Metalworks case, dismissed December 2024) involving Franchise Investment Protection Act violations indicates compliance or contractual disputes within franchisee relationships
  4. 04HIGHGoing Concern = False indicates potential financial instability at corporate level, raising questions about franchisor's ability to support franchisees long-term
  5. 05MEDNo Item 19 (average unit volumes/profitability) disclosed despite massive capital requirement makes due diligence nearly impossible

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Map/Zip Codes/Coordinates
Protected territory
Yes
Initial term
7 years
Renewal term
7 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
South Dakota

Item 11

Training & Operations

Classroom training
38 hrs
On-the-job training
16 hrs
POS system
Flywheel CRM
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

35 numbers

Locked
(815) 663-••••
IL
(662) 551-••••
MS
(801) 973-••••
UT

One-time purchase · CSV download · Validation questions included

FDD download

PowerLift · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above