Description:

Uber Careem App Based Limo Business (36% - 48% ROI)
Description

1-UBER / Careem and other App based limo transportation business.

2-Guaranteed ROI of 36 % up to 48% (depending on no. of Vehicles & Bank Finance option).

3-Capital fully Secured / Guaranteed, Single Debt / Creditor Per Vehicle.

4-Rare Business Opportunity with Guaranteed ROI in Dubai.

5-Fixed Steady & Consistent Returns

6-Secured Capital

This is a 15 Years Old Dubai-based limo company, we are offering you an opportunity to take benefit of our successful limo transportation business, based on UBER / Careem / Bolt / Yango etc smart apps, by getting your own luxury vehicles (Lexus ES-300H, Audi A6, BYD , 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 / Bolt / Yango etc and other Passenger Transport Business.

Sample Profit Forecasts for Runing a Uber/Careem Business with or without Bank Finance as per Main Display photo.



The Startup Cost for 1 Vehicle is AED 102,210 in case of Bank Finance towards Vehicle

In case of 100% down payment the startup cost AED 243,000 per vehicle, this amount goes for following expenses:

A. Bank Finance or 100% Down payment Price of Vehicle depending on investment plan as mentioned above.
B. Traffic registration with Roads & Transport Authority (RTA).
C. Comprehensive Auto insurance.
D. RTA deposits.
E. Salik tag.
F. Remote Monitoring System (RMS).
G. Employment package for two drivers per car (Immigration, MOL, Medical test,
Emirates ID, health insurance, Training ).
H. Limo company start-up processing fee.

The minimum number of cars to order is 5 in case of Startup with Bank Finance towards Vehicle , therefore the minimum capital required is AED 511,050/-(AED 102,210 X5)

The minimum number of cars to order is 2, in case of 100% downpayment so the minimum capital is AED 486,000/-(AED 243,000 X 2)

Profit After All Expenses in case of Bank Finance is as follows:-

AED 2,200 to AED 2,700 per car per month except in the Peak summer vacations period of July and August, which means AED 110,000 to AED 270,000 per year . Your monthly profit varies depending on the number of cars you request.

PLUS, Additional Profit in the last 2 years which are Year 4 and Year 5 (after auto loan is finished): AED 2,000 X 12 months per year X 2 years = 48,000 (Per Car) which means AED240,000 to AED480,000 extra

PLUS, cars resell Assured value after 5 years which is AED 60,000 per car which comes to
AED 300,000 to AED 600,000 depending on the number of Cars . This is the minimum estimated resell value of these hybrid or Electric cars after 5 years. You can either sell the cars by yourself at a higher Price or we can sell them on your behalf at this Minimum Assured Price.

PLUS, refundable deposits after 5 years AED 4300 per car which comes to AED21500 to AED 43000 (Depending on the number of cars)

So total profit Per car In 5 years:
AED 222,300/- to AED 247,300/- Depending on Number of Vehicles in your fleet (minimum 5) on an
initial investment of AED 102210 per car .

Annual Net Profit (Depending on the number of cars):
Profit in Year 1: AED 110,000 to AED 270,000
Profit in Year 2: AED 110,000 to AED 270,000
Profit in Year 3: AED 110,000 to AED 270,000
Profit in Year 4: AED 230,000 to AED 510,000
Profit in Year 5: AED 230,000 to AED 510,000
Profit after 5 years : AED 321,500 to AED 643,000 (Residual Value of Car & refundable Deposit)

Monthly Net Profit After All Expenses in case of 100 % downpayment towards Vehicle cost is:-

AED 7,000 to AED 7,500 per car per month except in the Peak summer vacations period of July and August, which means AED 140,000 to AED 300,000 per year Per Year. Your monthly profit varies depending on the number of cars you request

PLUS, cars resell Assured value after 5 years which is AED 60,000 per car which comes to
AED 120,000 to AED 240,000 depending on the number of Cars . This is the minimum estimated resell value of these hybrid or Electric cars after 5 years. You can either sell the cars by yourself at a higher Price or we can sell them on your behalf at this Minimum Assured Price.

PLUS, refundable deposits after 5 years AED 4300 per car which comes to AED8600 to AED 17200 (Depending on the number of cars)

Total profit Per car In 5 years:
AED 414,300 to AED 439,300 Depending on Number of Vehicles in your fleet (minimum 2) on an initial investment of AED 243,000

Annual Net Profit:
Net Profit in Year 1: AED 140,000 to AED 300,000
Net Profit in Year 2: AED 140,000 to AED 300,000
Net Profit in Year 3: AED 140,000 to AED 300,000
Net Profit in Year 4: AED 140,000 to AED 300,000
Net Profit in Year 5: AED 140,000 to AED 300,000
Profit after 5 years : AED 128,600 to AED 257,200 (Residual Value of Car & refundable Deposit)

We do the complete management/supervision 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 on 0 5 2 4 9 4 7 7 2 6. The above is only for serious enquirers, no time wasters please.

Thanks

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