22 Franchise Brands plc Annual Report and Accounts 2018 Ovenclean’s mission is to save our customers the time and effort of cleaning their oven by providing a professional, bespoke service. Longest established brand Ovenclean is the longest established and leading oven cleaning business in the UK, and has been successfully operating for over 20 years. Franchisee business model Ovenclean is a “milk round” business where the aim is to establish a stable base of 400 to 500 individual customers who have, on average, two cleans per annum. The business model provided to prospective new franchisees demonstrates how turnover of £50,000 per annum and operating profits of £32,000 per annum can be achieved by operating one van and charging the average £65 rate per clean. Sources of revenue for Franchise Brands Each new franchisee pays an initial franchise fee to Ovenclean, currently £14,995 and an ongoing monthly licence fee currently of £195 in the first year, followed by £335 in the second and subsequent years and £350 at renewal. Trustpilot ranking 9.8/10 Jobs carried out in 2018 76,000 For more information visit ovenclean.com