The Ovenu Franchise

Financial Information

What Does The Ovenu Franchise Cost?…….Possibly a lot less than you would imagine with ‘Ovenu Options’

The complete Ovenu package contains two parts, The Start-Up pack and a Licence cost. The fully comprehensive Urban Area start-up pack is now available at just £4,950 and the Licence cost is £8,000. The overall cost therefore of the Ovenu Urban start-up package is just £12,950 + VAT (bank finance maybe available, subject to status). A typical Urban area will contain between 50 – 60,000 households. Our recently launched ’Rural’ package requires a lower investment of just £8,950 + VAT in total and has been specifically designed for areas containing 25 – 30,000 households. We appreciate that the current economic situation may prevent many, through no fault of their own, getting a loan to fund the franchise. To help out, see the details below of our unique and innovative solution.

Introducing ‘Ovenu Options’

‘Ovenu Options’ has been designed to give you just that…options. Options to spread the licence cost out over an agreed period of up to 60 months. In effect, we ‘loan’ the licence fee (or a proportion of the cost) to you! Full details of the ‘options’ package can be discussed and we’d be delighted to explain more when you call.

In addition to this you will need to finance the following:

Launch promotional campaign

Before you begin trading we will discuss your aspirations for how quickly you wish your business to build from day one. Working in conjunction with our retained PR professionals we will plan and implement on your behalf a launch marketing campaign designed to generate new business at the rate you desire. The cost of this will obviously vary accordingly and can be discussed at an initial meeting.

Vehicle(s)

All of our franchisees operate from liveried vans in order to promote the Ovenu brand and build client awareness locally. However, whilst we insist our franchisees portray a professional, high quality image, you have the option of new, pre-owned, financed or purchased outright. Whatever you’re comfortable with and suits your budget. We have many contacts that you will be able to chat to directly to discuss all the options available to you.

Working capital

Depending on your individual financial circumstances, your business may require some working capital during the early months of trading. Once we’ve had an initial meeting with you we would discuss this in detail and help you plan how you’re to finance your business, including helping you customise our standard cash-flow forecasts.

Telephone number

Your business will need a dedicated business phone number and some basic office equipment. Being predominantly van-based, your business overheads are kept to the absolute minimum. (Franchisees availing themselves to the ‘Ovenu Options’ package will be provided with a unique local phone number to trade with).