Home Elevators and Lifts--Sales and Services

The Industry: As the American public ages, the demand for residential elevators, chair lifts and dumb waiters is increasing dramatically. Thousands of senior citizens would prefer to stay in their homes as their mobility becomes restricted and installing an elevator or lift is increasingly popular. Technology and demand have brought the prices of a variety of products within the reach of many homeowners.

Highlights: Currently there are a few regional home elevator companies but only one firm serves the entire United States. This company is now expanding its reach by adding franchise partners who will deliver the same quality and reliable service for which the franchisor is known. Most franchisees will start from a home-office. No showroom is necessary.

Buyer Profile: Anyone interested in bringing an exciting new product line to consumers in their markets.

Job Description: Franchisees should feel comfortable presenting their products to homeowners and managing a small team of installers.

Seeking Franchisees: Nationally.

Investment Requirements: Opening a new unit and reaching break-even is estimated to consume $40,000 to $70,000.