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MySyara 9.2 /10

2019 Estd  ·  5 Franchisees  ·  Dubai HQ  ·  Listed By Business Owner / Director
This Company is on a Premium Plan
All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
MySyara Service Center - FICO Model USD 68 - 82 thousand USD 27 thousand 2,000 - 3,000 Sq Ft 5 USD 23 thousand 25% Franchisee pays a 4% royalty fee of sales Franchisee pays 3% of sales towards marketing.
Format Name MySyara Service Center - FICO Model
Investment USD 68 - 82 thousand
Brand Fee USD 27 thousand
Space 2,000 - 3,000 Sq Ft
Staff 5
Expected Monthly Sales USD 23 thousand
Profit Margin 25%
Royalty / Commission Franchisee pays a 4% royalty fee of sales Franchisee pays 3% of sales towards marketing.
Documents
About MySyara
We are the UAE's leading online automotive technology application that helps car owners with their car maintenance and repair needs. With over 100,000 registered users, our business has been operating for over 4 years and growing at over 400% annually.
Last year, we launched 5 outlets, and all of them have turned profitable in 3-6 months from the month of operations.
Our traffic is generated online, and we have data on where our users are based, the different user profiles and the cars that they own. This data also gives us unique insights on where to open more cloud garages across the UAE to drive maximum value and profits.
For our franchise partners, this is an opportunity, to start your entrepreunership journey in automotive service industry with UAE's leading consumer brand in this segment in addition to making returns exceeding 25% per year.
Products and Services
Minor service, major service, repair and maintenance, pre-purchase inspection, doorstep car wash, and car insurance.
Preferred Locations
Toronto, Dubai, Ottawa, Abu Dhabi, Sharjah, Al Ain, Fujairah, Mississauga, Ras Al-Khaimah, Ajman, Waterloo.
How to get MySyara Franchise?
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
- Invest in a MySyara Express store with AED 100,000 as franchise fees and AED 250,000 for store equipment and capex.
- Opportunities available for growth across UAE locations including petrol pumps.
- Operate the outlet with a 4 member team that MySyara trains across operations and technical expertise.
- Manage sales and overall business.
Support you can expect from the company
- MySyara creates the outlet concept based on franchisee's preferred location including branding & signage.
- MySyara provides training for the team and management of the franchise to run successful and profitable operations.
- MySyara provides access to spare parts, batteries and tyres across multi brands.
- MySyara also provides digital marketing support to grow the business at the location.
Recent Activity
Profile Stats
  • 20+ introductions
  • 1000+ Page Views
  • 400+ Investor Views

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Contact MySyara
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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    Frequently
    Asked
    Questions
    • When was MySyara established?
      MySyara was established in 2019 in Dubai and is reported to have 5 Franchisees currently
    • What is the investment required to take up MySyara Franchisee?
      Investment required ranges from AED 250 thousand - 300 thousand depending on the format offered.
    • What is the space requirement for taking up MySyara Franchisee?
      Space required ranges from 2000 - 3000 sq ft depending on the format.
    • What Franchisee formats does MySyara offer?
      MySyara offers 1 format, i.e MySyara Service Center - FICO Model.
    • How to get MySyara Franchisee?
      Connect with us on SMERGERS and we will guide you through the process.
    • Show more