How Much Does a Nationwide Lifts Franchise Cost?
Data from the 2022 Franchise Disclosure Document
Investment Summary
Total Investment
$50K – $75K
Franchise Fee
$30K
Royalty
3.0%
Ad Fund
1.5%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Nationwide Lifts is $30K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Nationwide Lifts franchise requires a total investment of $50K – $75K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $5K to $15K.
Ongoing Costs
Beyond the initial investment, Nationwide Lifts franchisees pay ongoing fees. The royalty fee is 3.0% of gross sales (Combination of fixed base and percentage). The advertising or brand fund contribution is 1.5% of gross sales.
Net Worth & Liquid Capital Requirements
Nationwide Lifts requires working capital of $5K – $15K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Nationwide Lifts does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Nationwide Lifts?
SBA Loans Issued
2
Default Rate
0.0%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Nationwide Lifts has 2 SBA-backed loans on record. The default rate is 0.0%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
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