The founders, who previously built national mobility franchises, say they have territories in eight metros and want hands-on owners rather than absentee investors.
Liftology, a home accessibility franchise that sells and installs stairlifts, ramps, residential elevators and patient lifts, announced its national franchise rollout Oct. 13. Founder and CEO David Pazgan previously co-founded what the company calls the first national mobility franchise, which grew to about 100 locations and more than $100 million in systemwide revenue.
Initial territories are in Little Rock, Jacksonville, Atlanta, Kansas City, St. Louis, Charlotte, Philadelphia and Houston. Investment figures were not published.
One line stands out a week after the FTC's settlement over semi-absentee pitches at Premier Martial Arts. “Liftology was never designed for passive ownership,” said co-founder Gordon Raney.
Revscale Media (illustration)Original Entrepreneurs will open 33 shops across New York City, Long Island and New Jersey over five years, the latest step in a turnaround that has franchisees carrying more of the load.
Revscale Media (illustration)The Property Franchise Group paid £0.9 million for 25% of Enteka Ai, the conversational AI already answering leads in more than 210 of its offices. Franchisors are starting to own their AI tools.
Revscale Media (illustration)The Joint's regional developers now hold 32% of its units, down from 52% in January. It is part of a wider pullback from middlemen, and franchisees should ask what they get out of it.
Revscale Media (illustration)A continuation vehicle pays out earlier investors while M-One keeps the 930-unit drive-thru chain, months after its first whole business securitization.
Revscale Media (illustration)The HVAC company signed five franchise deals in Q3, including its first conversion, and is courting the same independent owners PE platforms want.
Papa Murphy'sThree new deals put Take 'n' Bake pizza and frozen yogurt under one roof, days before MTY said some of its brands may belong elsewhere.
