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Stiltz Homelifts franchise

2024 filing · April 22, 2024

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Stiltz Homelifts at a glance

A business selling and installing compact home elevator lifts.

The business

Industry
Home service
Franchisor
Stiltz Franchising, Inc
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day

What you pay

Cost to open
$150K–$350K
Fee, build-out and opening working capital
Franchise fee
$40,000
Paid once, when you sign
Royalty
6%–10%
Currently 6% to 10% of monthly gross sales
Brand fund
None now
Not charged at present
Renewal fee
$10,000
When the agreement ends and you sign again
Agreement length
5 years
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
0
Franchised and company-owned
Franchised
0
Company-owned
0
Change in 3 years
0
Franchised locations, 2021–2023

Support and records

Shares sales figures
No
Ask current owners what a location makes
Initial training
103 hours
62 hours in class and 41 on the job
Lawsuits disclosed
None
Bankruptcy disclosed
None
Latest filing
Apr 22, 2024
2024 filing

From Stiltz Franchising, Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

Stiltz Homelifts among all franchises with the same figure.

FigureStiltz HomeliftsAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$249,900Costs less than 62% of franchises
Franchise feePaid once, when you sign$40,000Lower than 46% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned0Fewer than 97% of franchises

How much a Stiltz Homelifts franchise costs

Opening one Stiltz Homelifts costs an estimated $150,300 to $349,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are additional funds – 3 months ($50,000 to $100,000) and initial franchise fee ($40,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$40,000
Furniture, Fixtures and Décor$15,500$40,000
Equipment and Vehicles$12,000$20,000
Computer, Phone, and Technology System$3,000$10,000
Months’ Lease Payments$2,500$15,000
Leasehold Improvements$500$40,000
Utility and Security Deposits$500$3,000
Retail and Promotional Inventory$1,500$5,500
Exterior Signage$2,500$13,000
Business Licenses and Permits$1,300$20,000
Business Insurance$3,000$10,000
Professional Fees$1,000$5,000
Office Equipment and Supplies$1,500$5,000
Installation Kit$500
Optional Demo Lifts$10,000$12,500
Training$5,000$10,000
Additional Funds – 3 Months$50,000$100,000
Total$150,300$349,500

Source: Stiltz Franchising, Inc, 2024 filing, page 16

Stiltz Homelifts franchise fee

The franchise fee is $40,000. You pay it when you sign the franchise agreement.

Source: Stiltz Franchising, Inc, 2024 filing, page 11

Royalty and ongoing fees

RoyaltyCurrently 6% to 10% of monthly gross sales.
Brand or marketing fundNot charged at present.
Transfer Fee$20,000
Renewal Fee$10,000

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Stiltz Franchising, Inc, 2024 filing, pages 11 and 12

Other fees as filed, from page 14. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures Stiltz Homelifts does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: Stiltz Franchising, Inc, 2024 filing, page 37

How Stiltz Homelifts compares

Of the 475 home service franchises on this site, Stiltz Homelifts is the 332nd cheapest to open and the smallest by number of locations.

FigureStiltz HomeliftsTypical home service brandTypical franchise
Cost to open, low end$150K$115K$222K
Cost to open, high end$350K$202K$477K
Franchise fee$40K$50K$40K
Royalty6%7%6%
US locations04021
Shares earnings figuresNo367 of 4752,147 of 3,352

Typical is the median across the 475 brands in home service franchises; typical franchise, across every brand here.

Locations opened and closed

0 opened
0 closed or left
Franchised locations, last 3 years
2021
0 opened0 closed or left
0 (0)
2022
0 opened0 closed or left
0 (0)
2023
0 opened0 closed or left
0 (0)
YearFranchisedCompany-ownedOpenedClosed
20210 (0)000
20220 (0)000
20230 (0)000

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: franchise failure rates.

Source: Stiltz Franchising, Inc, 2024 filing, page 38

Source filing (2024, PDF)

Who owns Stiltz Homelifts?

Stiltz Homelifts franchises are sold by Stiltz Franchising, Inc.

From Stiltz Franchising, Inc’s 2024 filing.

Stiltz Homelifts filings

The figures on this page come from Stiltz Franchising, Inc’s 2024 filing, issued April 22, 2024, on record with the NASAA Electronic Filing Depository.

Stiltz Homelifts filings, newest first
FilingIssuedRegistryOn this page
2024 filingApril 22, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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