ADVANTAGES OF SPARE PARTS BUSINESS
1. INCREASING DEMAND IN U.A.E. EVERY DAY DUE TO RISE OF 8.2% CARS EVERY ANNUM IN DUBAI
2. NON – PERISHABLE ITEMS – NO EXPIRY DATE FOR SPARE PARTS
3. SELLING ONLY FAST MOVING ACCIDENTAL BODY PARTS (THROUGH THE SURVEY FROM OUR OWN SHOP)
4. CASH SALES ONLY (NO CREDIT BUSINESS)
5. SAME STOCK CAN BE SOLD IN OTHER GCC COUNTRIES
6. EXPANSION OF BUSINESS BRANCHES WITH CENTRALIZED STOCK REDUCES THE EXPENSES
7. POSSIBILITY OF BUSINESS EXPANSION IN OTHER GCC COUNTRIES WITH SAME STCOK (SPARE PARTS ARE SIMILAR THROUGH OUT THE GCC COUNTRIES FOR ALL CARS)
8. BAR CODING SYSTEM FOR ANY INCOMING & OUTGOING STOCK KEEPS THE ENTIRE STOCK IN CONTROL.
9. EASY CENTRALIZED MONITORING SYSTEM FOR SALES, EXPENSES, GROSS PROFIT AND COMPLETE BUSINESS ANALYSIS.
10. OPPORTUNITY OF OWN BRANDING PROMOTION FOR ANY AUTO PARTS WHEN WE HAVE MULTIPLES BRANCHES AROUND THE COUNTRY.
11. THIS BUSINESS HAS CONSISTENT MARKET & RELIABLE GROWTH.
Operations Commenced On 2016
Franchising / Distribution Commenced On 2018
Area300
Investment AED. 10000 - 50 K
Franchise/Brand Fee - NA -
Royalty/Commission- NA -
Abu Dhabi, Ajman, Dubai, Ras al-Khaimah, Sharjah
Exclusive territorial rights to a unit franchise No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment 40
Likely pay back period of capital for a unit franchise - NA -
Other investment requirements - NA -
Type of property required for this franchise opportunity - NA -
Floor area requirement 300
Preferred location of unit franchise outlet - NA -
Detailed operating manuals for franchisees No
Franchisee training location 1
Is field assistance available for franchisee? No
Expert guidance from Head Office to franchisee in opening the franchise No
Current IT systems will be included in the franchise No
Do you have a standard franchise agreement? No
How long is the franchise term for? Year
Is the term renewable? No