Vacuum Manufacturer

Cleveland, OH (Cuyahoga County)

Asking Price: $5,500,000

Business For Sale Details

Listed on Mar 10, 2025

Business was founded in 1928 in Chicago, IL, and introduced the innovative vacuum with advanced filtration. Today, this 96-year-old company produces and assembles all Vacuums, Defender Air Purifiers, and filters for global distribution in Cleveland, Ohio.
Business is seeking new expertise and leadership to expand our reach in marketing the world’s best air filtration and home cleaning systems in the 2024 global marketplace. While our strength lies in direct sales, we need new leadership in North America to take the company in an innovative direction. With a strategic marketing, sales, and distribution plan, sales per day could double the company’s value. Business wants to sell this established product and brand to a leadership team that can bring fresh perspectives and open new sales channels that haven’t previously been offered to our products.

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Financials (USD)

Asking Price $5,500,000

Cash Flow Not Disclosed

Sales $6,636,824

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

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