Oreck Vacuums-3 stores- very profitable
Location: Kentucky
Industry: Retail Stores > Franchise
Financials
Asking Price: $1,080,000
Gross Revenue: $1,560,000
Cash Flow: $294,000
Seller Financing: 80% SBA financing available.
Business Summary
A rare opportunity to acquire established locations. 43very 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 $294,000for 2007. $170,000 cash down required. 10 year SBA financing available to qualified buyers.
About the Business
Franchise: Yes
Market Outlook and Competition: Competition: Oreck has tremendous brand awareness and major national advertising. Professionally run and maintained stores gives a competitive advantage compared to independent locations
About the Sale
Management Training and Support: Franchisor and seller provide extensive training
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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