About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Stair Lifts
Startup Costs: $50,000 - $100,000
About
Franchises Available? No
Online Operation? No
If you're looking for a niche market, selling chair lifts for stairs is a business worth considering.
Business Overview
Are you searching for a unique and interesting business opportunity that has little competition and the potential to make $100,000 per year or more in profits? If so, perhaps you should consider starting a business that sells and installs specialty stair lift chairs. There are many worldwide manufacturers of stair lifts, so finding a wholesale source should not be difficult. Market the stair lifts using all traditional advertising mediums, as well as by establishing alliances with custom homebuilders and renovation contractors to act as sales agents for the product. Be sure to design a stair lift display that highlights the beneficial features of the product. The display can be set up and used as a sales and marketing tool to collect sales leads from potential customers at home and garden trade shows.