It can be cheaper than that. I installed a Unistrut/Superstrut hoist trolley for moving lathe components, with a total cost of under $200. I had to search around on eBay to get the best prices of some parts, but I bought the track itself at Lowe’s. Working load is a quarter ton. It can easily be attached across ceiling joists.Is it to much to build a I beam trolley set up for a hoist?
Couple if A frames Heck buy a fee small chain hoists and you can just store the chucks suspended out of the way.
You can always buy a few mire lathes and each have its own chuck set up.
Rick “since put a hook on it that will hold a chuck through its center” Denney