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Oreck Vacuums- The leader for over 34 Years- 3 Stores

Indiana

Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price $935,000 Inventory  
Gross Income $1,690,000 Real Estate  
Cash Flow $267,000 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

3 Oreck vacuum franchised stores- all profitable

A rare opportunity to acquire established locations. 3 very profitable Franchised Units Tremendous brand awareness. Vacuums, air purifiers, floor cleaners- The best in the business. Typically no more than 2 to 3 employees per store. Certified managers in place at every location These are these are well paid salaried and commissioned positions.Reasonable rents , High margins. Unit level EBITDA over $266,000 for 2007. $149,000 cash down required. 10 year SBA financing available to qualified buyers.

Facilities: Up to date clean facilities with low rents.

Competition: Oreck has tremendous brand awareness and major national advertising. Professionally run and maintained stores gives a competitive advantage compared to independent locations

Financing: 80% long term third party financing

Support/Training: Franchisor and seller provide extensive training

AD # 378807

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