Oreck Clean Home Center

Vacuum cleaners, air purifiers & related home care products

Background

Founded: 1963 Franchising since: 2006

565 Marriott Dr., #300
Nashville, Tennessee 37214

Phone:
(888)769-6673

Franchisor is a privately-held company with 550 employee(s); 35 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	346	0	0	92
2008	354	0	0	95
2007	350	0	0	98
2006	358	0	0	98
2005	0	0	0	102

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $116.8K-221K
Franchise fee: $30K

Ongoing royalty fee: $500/mo.
Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $175K
Business Experience:

General business experience

Operations

80% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)