Auto Repair and Service Franchise Opportunity
MySyara 9.6 /10
2019 Estd
·
6
Franchisees
· Dubai HQ
· Listed By Business Owner / Director
Premium Plan
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Micro Store - Car Wash and Lube Change | USD 54 - 60 thousand | USD 13.6 thousand | 1,500 - 2,000 Sq Ft | 4 | USD 13.6 thousand | 36% | Franchisee pays a 10% royalty fee of Net Profit. |
| Standard Store - Quick Lube, Tyres & Repairs | USD 122 - 136 thousand | USD 27 thousand | 2,500 - 3,500 Sq Ft | 8 | USD 54 thousand | 25% | Franchisee pays a 10% royalty fee of Net Profit. |
| Large Store - Full Stack Car Garage | USD 272 - 327 thousand | USD 54 thousand | 5,000 - 7,500 Sq Ft | 12 | USD 95 thousand | 25% | Franchisee pays a 10% royalty fee of Net Profit. |
| Format Name | Micro Store - Car Wash and Lube Change | Standard Store - Quick Lube, Tyres & Repairs | Large Store - Full Stack Car Garage |
|---|---|---|---|
| Investment | USD 54 - 60 thousand | USD 122 - 136 thousand | USD 272 - 327 thousand |
| Brand Fee | USD 13.6 thousand | USD 27 thousand | USD 54 thousand |
| Space | 1,500 - 2,000 Sq Ft | 2,500 - 3,500 Sq Ft | 5,000 - 7,500 Sq Ft |
| Staff | 4 | 8 | 12 |
| Expected Monthly Sales | USD 13.6 thousand | USD 54 thousand | USD 95 thousand |
| Profit Margin | 36% | 25% | 25% |
| Royalty / Commission | Franchisee pays a 10% royalty fee of Net Profit. | Franchisee pays a 10% royalty fee of Net Profit. | Franchisee pays a 10% royalty fee of Net Profit. |
Documents
MySyara Franchise Teaser
(18.8 KB)
Franchise Prospectus
(18.1 MB)
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 6 years and growing at over 400% annually.2024, we launched 5 outlets, and all of them have turned profitable in 6 months time 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 into 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 entrepreneurship journey in the UAE and specifically in the automotive service industry with UAE's leading consumer brand in this segment in addition to making returns exceeding 25% per year.
In formats 1 and 2, the monthly sales and EBITDA figures are based on the performance of our company-operated stores. Accordingly, it is assumed that a franchise owner can achieve the stated monthly sales and EBITDA.
Products and Services
Minor service, major service, repair and maintenance, pre-purchase inspection, doorstep car wash, and car insurance.
Preferred Locations
Dubai,
Abu Dhabi,
Qatar,
Kuwait,
Oman,
Sharjah,
Al Ain,
Fujairah,
Ras Al-Khaimah,
Ajman.
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 as low as AED 50,000 as franchise fees and AED 200,000 as total investment.- Opportunities available for micro, standard and large format stores across UAE locations including petrol pumps in Alain, Fujairah and Northern Emirates.
- 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
-
4 days, 1 hour agoResident Engineer, Construction Services, Doha, Individual Investor / Buyer connected with the Business
Profile Stats
- 20+ introductions
- 2000+ Page Views
- 400+ Investor Views
Tags:
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Frequently
Asked
Questions
Asked
Questions
-
When was MySyara established?MySyara was established in 2019 in Dubai and is reported to have 6 Franchisees currently
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What is the investment required to take up MySyara Franchisee?Investment required ranges from AED 200 thousand - 1.2 million depending on the format offered.
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What is the space requirement for taking up MySyara Franchisee?Space required ranges from 1500 - 7500 sq ft depending on the format.
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What Franchisee formats does MySyara offer?MySyara offers 3 formats, i.e Micro Store - Car Wash and Lube Change,Standard Store - Quick Lube, Tyres & Repairs,Large Store - Full Stack Car Garage.
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How to get MySyara Franchisee?Connect with us on SMERGERS and we will guide you through the process.