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Oven cleaning business for sale in Nottingham, East Midlands, established 2004

Nottingham, Nottinghamshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    632751

  • Asking Price: £40,000
  • Turnover: £20,000 (£385 per week)
  • Profit: £14,000 (70% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • Home Based
  • Prime Location

Business Details

Oven Cleaning business located East Midlands

Established in 2004, this successful oven cleaning business has demonstrated remarkable growth, evolving from a single operation to a three-van endeavor. While personal reasons necessitated a downscaling to one van and subsequently a part-time operation, the business still holds significant potential for new ownership. A fresh marketing approach could catalyze rapid growth again, with the added possibility of franchising or national expansion.

The business has maintained a solid foundation with regular student accommodation oven cleaning services that have been in place for the past 14 years. This aspect not only provides stability but also presents further opportunities for growth in this sector.

Included in the asking price of £40,000 are fixtures and fittings essential for operation. The current turnover stands at £20,000, with a profit margin of £14,000. The business has remained stable while operating on a part-time basis. The current owner is selling due to retirement and is keen to ensure a smooth transition for the new owner.

For interested buyers, full training will be provided for one week, along with ongoing advice whenever needed. The business currently has no employees, allowing for a straightforward management structure. An online presence is established via www.renuoven.co.uk, which can be further developed to enhance visibility and customer engagement.

The local market is favorable, with minimal competition in the area, and there are various nearby amenities that could attract customers. This unique combination of a stable business model and opportunities for further expansion makes this an attractive proposition for prospective buyers.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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