DUBAI Cihan Julia Luciana Matt Veronica Zeineb Franchise Dubai has high-ranked in franchising.
UAE is a fertile ground for franchising
- Vibrant business environment
- Large / High spending expatriate population.
- Secured investment destination
High purchasing power in Dubai
Franchise Investor-friendly policies - No special legislation for franchising
- Multiple free zones : Tax exemption
- Gets ample of support from the government
- Dubai Islamic Bank (DIB) developed a program to assist young UAE nationals finance the purchase of franchises. Franchise Long-term plan to extend investment projects in the northern emirates.
Why we offer franchise?
- The freedom of self-employment
- Shared marketing, advertising, business launch campaign costs
- Instant cash flow
(References - Doing Business in the UAE : 2013 Country Commercial Guide for U.S. Companies,
Hot franchise markets report - Dubai, UAE
Franchise in Dubai from Business Support Department Dubai Chamber of Commerce and Industry) Advantages Dubai is the 2nd most branded location globally at this point, only behind of London;
Cost - Average rents in Dubai stood at USD 114 per Sq. ft. per annum;
Restaurant market is predicted to grow %30, $780 million by 2015.
Location Dubai Mall The world's largest shopping mall in terms of total area;
Located in close proximity to the world's tallest tower, Burj Khalifa;
Has more than 14.000 undercover parking spaces;
Attracts more than 750.000 visitors each week;
Houses a variety of attractions;
Offers about 1200 shops;
Market Search POPULATION 9,205,651
GNI PER CAPITA (US$) 36,040
Dubai is a very attractive place for tourists due to its high quality of leisure facilities. Many consider Dubais leisure facilities to be among the best in the world, with approximately 50+ malls and shopping centers in a relatively small city .
Fast food increased at a considerable rate in 2012, posting an increase of 15% in current value terms.
Primarily, fast food managed to appeal to a wide consumer base, with consumers from all income groups increasingly relying on this channel for quick, easy, and affordable meal solutions on-the-go.
No pork and its products included in the menu. But special tastes such as tea could be included to the menu.
100 per cent foreign ownership of the enterprise
100 per cent import and export tax exemptions
100 per cent repatriation of capital and profits
No corporate taxes for 15 years, renewable for an additional 15 years
No personal income taxes
Less burdensome documentation, mostly in English. Advantages Marketing/Advertising Two outdoors close to the Dubai International Airport
One outdoor in the American University
One outdoor close to the Dubai Mall
One outdoor close to the Business Center (Business Bay Offices)
Marketing Target Adults ages 18-34 who are either students or working professionals, and tourists. They have a busy and active lifestyle, which forces them to eat out often.
This marketing campaign will focus mainly on outdoor taxis.
Taxi (only prime locations) advertising is cost-effective, trendy and high-impact.
Minimum of 450.000 passengers use taxis in Dubai daily.
Challenges Competitors:
American Fast Food Chains have dominated the market in Dubai, comprising up to 47% of food and beverage in Dubai.
There are 33 American restaurants in Dubai Mall. Direct competitors: Fast food companies. Indirect competitors: Organic and Mexican foods.
The main American fast food competitors are Mc Donalds, Burger King, Pizza Hut, Baja Fresh, Subway
Suppliers Supply Chain:
Local organic food distributors in Dubai (GreenHeart: http://www.greenheartuae.com/) Reasonable Price
Beef and Lamb (Halal Certificate) imported from Iran (Tahran and Bushehr)
From Tahran to Bushehr with chilled container trucks, and shipping from Bushehr to Dubai port
Approximately $2.5-4 per kg.(beef and lamb), 1.5 per kg (Chicken). http://www.indexmundi.com/commoditi es/?commodity=lamb&months=12
Its inappropriate to sell pork and its products in Dubai. So pork and its products will not be included any food. Cost Analysis (2) Projected/Estimated Cost Analyses
Cost Analysis (3) Goals Increase %8 of sales per year.
3-5 new restaurants will be launched in 3-5 years.
New locations will be Abu Dhabi, American University in Dubai, Business Bay offices in Dubai.