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Entrepreneur: Start & Grow Your Business

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)

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:
#169 (2009);

Top New Ranking:
#8 (2009);