Oreck Clean Home Center

Vacuum cleaners, air purifiers & related home care products

Background

Founded: 1963 Franchising since: 2006
Address:
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 Units
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

Where Seeking Franchisees
Nationwide

Costs and Fees

Total investment: $148,800 - $221,000
Franchise fee: $30,000
Ongoing royalty fee: $500/mo.
Term of agreement: 5 years, renewable


Express/kiosk option available

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: $400,000
Cash liquidity requirement: $175,000
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)

Training and Support

Training
  • Available at headquarters: 15 days
  • Service technician training : 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • TV, radio, PR

Rankings

Franchise 500® rank:
#260 (2010); #169 (2009);

Top New Ranking:
#5 (2010); #8 (2009);


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