UBER / Careem Limo Business (27% ROI)

Features:

• *UBER / Careem limo transportation business.
• *One of the most promising businesses post the pandemic.
• *High ROI of 22% to 27%.
• *Solid & stable revenue.
• *Low business risk.
• *Secured capital.
• This is a Dubai-based limo company, we are offering you an opportunity to take advantage of our successful limo transportation business, based on UBER / Careem smart apps, by getting your own luxury vehicles (Lexus ES-300H, Infinity Q-70 or equivalent models), and operating them in the demanding market of Dubai.
• In Dubai, unlike in other cities, you need a limousine trade license (which costs over AED 8.50 Million) in order to register and operate cars with UBER / Careem, and here comes our turn to support you.
• Profit Projections in Simple Figures:
• Capital:
• The initial capital is AED 97,500 per vehicle (because all the cars are financed), this amount goes for following expenses:
• 1. Down payment to the bank.
• 2. Bank application processing fee.
• 3. Traffic registration with RTA.
• 4. Comprehensive auto insurance.
• 5. RTA deposits.
• 6. Salik tag.
• 7. Remote Monitoring System (RMS).
• 8. Employment package for two drivers per car (immigration, MOL, medical test, Emirates ID, health insurance).
• 9. Limo company start-up processing fee.
• The minimum number of cars to order is 5, so the minimum capital is AED 487,500.
• Annual Gross Revenue Before Expenses:
• AED 1,100,000 One Million One Hundred Thousand (AED 22,000 per car X 5 cars X 10 months).
• Monthly Net Profit After All Expenses:
• AED 2,000 to AED 2,500 per car per month except in the month of Ramadan and summer vacations period, which means AED 100,000 to AED 125,000 per year for 5 cars. Your monthly net profit varies depending on the number of cars you request.
• PLUS an ADDITIONAL AED 2,000 per car per month starting from the 4th year until the end of the 5th year, this's the period after the 3 years bank installments are over (so this extra amount will be AED 2,000 per car X 2 years = AED 48,000 X 5 cars = AED 240,000).
• PLUS, cars resell value after 5 years:
• AED 225,000 (AED 45,000 X 5)
• This is the minimal estimated resell value of these hybrid cars after 5 years, you can either sell the cars by yourself or we can sell them on your behalf.
• PLUS, refundable deposits:
• AED 52,500 (AED 10,500 X 5).
• Total profit for 5 cars after 5 years:
• AED 1,017,500 to AED 1,142,500
• (On an initial investment of AED 462,500)
• Annual Net Profit:
• Net Profit in Year 1: AED 100,000 to AED 125,000
• Net Profit in Year 2: AED 100,000 to AED 125,000
• Net Profit in Year 3: AED 100,000 to AED 125,000
• (Bank liability will finish after 3 years)
• Net Profit in Year 4: AED 220,000 to AED 245,000
• Net Profit in Year 5: AED 497,500 to AED 522,500
• We do the entire management for the business from A to Z including:
• 1. Ordering luxury cars from a local dealer.
• 2. Registration of vehicles.
• 3. Recruitment of drivers.
• 4. Obtaining all the necessary approvals from RTA for both vehicles and drivers.
• 5. Obtaining approvals from the banks.
• 6. Registration with UBER / Careem.
• 7. Contracting with various 5-star hotels.
• 8. Providing smartphones with data packages.
• 9. Handling all the operational procedures to manage, track and run the cars around Dubai & the UAE.
• 10. Maintenance of cars.
• 11. Supervising drivers.
• For more details, feel free to contact us. The above is only for serious enquirers, no time wasters please.
• Thanks