↩ Go Back
Need help?

MySyara - Auto Repair and Service Franchise Opportunity

9.1 / 10  ·  Established in 2019, 2 Franchisees currently, Headquartered in Dubai

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 163 - 196 thousand USD 0 3,000 - 5,000 Sq Ft 8 USD 80 thousand 15% The investor can expect a 40% share of the net profit after tax. The investor will get quarterly payouts.
Format Name MySyara Service Center - FICO Model
Investment USD 163 - 196 thousand
Brand Fee USD 0
Space 3,000 - 5,000 Sq Ft
Staff 8
Expected Monthly Sales USD 80 thousand
Profit Margin 15%
Royalty / Commission The investor can expect a 40% share of the net profit after tax. The investor will get quarterly payouts.

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%.

Last year, we launched our flagship cloud garage in Al-Quoz, and it's been profitable from the first 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 partner with us in a store in the UAE and make returns exceeding 30% per year.

Products and Services

Minor service, major service, repair and maintenance, pre-purchase inspection, doorstep car wash, and car insurance.

Preferred Locations

Dubai, Abu Dhabi, Sharjah, 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 store level.

- Put up the investment amount of AED 600,000.

Support you can expect from the company

- We handle the complete management of the franchise outlet.

- This includes generating sales, logistics, other operations, and marketing.

- We establish each outlet as a separate legal entity where the franchisee will get a 40% share and we hold a 60% share in the entity.

Recent Activity

Profile Stats

  • 500+ Page Views
  • 100+ Investor Views

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact MySyara
(One Time Registration)

8 Investors already contacted this Franchise.
Register below to connect now!

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.
You might also be interested in these opportunities

    Frequently
    Asked
    Questions

    • When was MySyara established?
      MySyara was established in 2019 in Dubai and is reported to have 2 Franchisees currently
    • What is the investment required to take up MySyara Franchisee?
      Investment required ranges from AED 600 thousand - 720 thousand depending on the format offered.
    • What is the space requirement for taking up MySyara Franchisee?
      Space required ranges from 3000 - 5000 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