Franchise opportunities in Nigeria

Attractiveness of Nigeria for the development of franchise business

The Federal Republic of Nigeria is rich on petroleum and petroleum products, cocoa, and rubber. Although the economy of the country is so far developing, poor economic situation in Nigeria has been recently improved due to some useful reforms implemented by the government.

The most successful franchise businesses in Nigeria are transportation, movie, logistics, coffee, petrol stations, medical health care, educational services, restaurant and beauty.  All in all the franchise market in the country brings annual revenue of one hundred billion dollars.

There are many foreign, mostly US, South African and European  franchises,  though the demand for international brands is still growing. To facilitate the development and promotion  of  franchise businesses in Nigeria a special organization called National Office for Technology Acquisition and Promotion was established. The purpose of it is to provide trainings for franchise stakeholders.

High population in the country creates two advantages for establishing a franchise, large consumer market and much workforce. Therefore, the most favourable cities for the business are Lagos, Abuja,  Kano, Ibadan, Port Harcourt. Taking into consideration that the biggest cities also host currently growing middle and upper consumer class, and the income of Nigerians is tending to increase, there are good opportunities for luxury foreign brands to enter the market.

The average franchise costs depend on the type and size of business but on the average they are  between $50,000 and $200,000 to establish.

Browse franchise List in Nigeria

Indicators of Nigeria Business Market

  • Capital: Abuja

  • Currency: Naira

  • Education Index (2013): 0.425

  • Official languages: English

  • Per capita GDP (PPP): $6,351

  • Quality-of-life index (0-10): 4.74

  • Population: 185.990 mln

  • Total GDP (PPP): $1.166 trillion

  • Ease of Doing Business Ranking, Rank: 145

  • Gini: 43.0

  • Human Development Index (HDI): 0.514

List of franchises for sale in Nigeria

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Franchise SmartyKids - Mental Arithmetic School
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Franchise SmartyKids - Mental Arithmetic School Investment from
10 500 $
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Franchise of Speedcubing Children`s Center UKUB
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Franchise of Speedcubing Children`s Center UKUB Investment from
20 000 $
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Franchise Ramen shop RAMEN IROHA
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Franchise Ramen shop RAMEN IROHA Investment from
45 000 $
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Franchise Kickbox fitness centers 9Round
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Franchise Kickbox fitness centers 9Round Investment from
$
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Choupette Kids Clothing Shop Franchise
You can open a fashionable children's clothes boutique under Choupette brand name and sell premium quality designer clothes in "medium" and "medium+" pricing segments.
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Choupette Kids Clothing Shop Franchise Investment from
46 000 $
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Franchise Southern Fried Chicken
Southern Fried Chicken is an international fast food brand, offering a diverse menu.
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Franchise Southern Fried Chicken Investment from
322 850 $
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Franchise Business Network International
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Franchise Business Network International Investment from
65 000 $
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Franchise Nutty Scientists - Spectacular Interactive Activities
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Franchise Nutty Scientists - Spectacular Interactive Activities Investment from
45 000 $
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Franchise Chain of family entertainment centers Funtopia
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Franchise Chain of family entertainment centers Funtopia Investment from
629 674 $
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Franchise Retail Shops Chain KIO DA
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Franchise Retail Shops Chain KIO DA Investment from
139 000 $
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Franchise Waterless carwash DetailCar
The Europe’s biggest waterless carwash franchise network. Get your car clean anywhere and in a place while continuing your activities. The finest Work quality!
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Franchise Waterless carwash DetailCar Investment from
9 960 $
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Franchise Danube Home
Danube Home aims to offer premium products to its clients, through an array of elegant home furnishing solutions and unique models that fits the needs and tastes of everyone. It is a one-stop retail destination for complete home interiors which include products sourced from across the globe.
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Franchise Danube Home Investment from
400 000 $
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Franchise Dietplus - healthcare coaching
Dietplus, the specialist of food rebalancing, displays a unique, coaching-based method to lose weight.
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Franchise Dietplus - healthcare coaching Investment from
56 000 $
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Franchise al Mamà Bistrot
Your Italian bistrot with market area and delivery options. The Italian excellence of the products with very affordable prices.
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Franchise al Mamà Bistrot Investment from
135 000 $
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Franchise Jour - healthy restaurant chain
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You are welcome to TopFranchise.com, for free for 1 year!
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Franchise Jour - healthy restaurant chain Investment from
336 942 $
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Franchise Chicken barbecue Los Pollos
Los Pollos proposes a fast and healthy restoration of quality thanks to a selection of chickens 100% French and a qualified staff (professional cooks).
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Franchise Chicken barbecue Los Pollos Investment from
175 980 $
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Franchise of Coffee Shop Tucano Coffee
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Franchise of Coffee Shop Tucano Coffee Investment from
84 600 $
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Franchise Questoria – We organize birthdays, corporate and kids parties
Our product is the Questorias. These are the role-play games that the host will hold for the players at their home, office or a cafe on their birthday or other occasion!
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Franchise Network of Beauty Salons Prive7 Express
“Shine like a diamond” is the main principle of the Beauty Network Privé7. Every day we confirm our title of one of the best beauty salons in Russia. The pride of Privé7 salons comes from its new cosmetic devices, which have proven their effectiveness. We only work with the most effective brands in the beauty industry.
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Franchise Network of Beauty Salons Prive7 Express Investment from
113 000 $
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Franchise of TopFranchise Portal
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Franchise of TopFranchise Portal Investment from
100 000 $
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Franchise of SPEAKUS Interpretation Delivery Platform
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Franchise of SPEAKUS Interpretation Delivery Platform Investment from
9 000 $
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Franchise Tea Valley 茶食坊
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Franchise Tea Valley 茶食坊 Investment from
$
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Franchise retail stores Zoom'n'Joy with optical equipment
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Franchise retail stores Zoom'n'Joy with optical equipment Investment from
36 000 $
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Franchise Snatap - Vending and Marketing
Every user of social networks is your potential client. Earn on printing photos from social networks.  Snatap is not just a device for printing photos from social networks.
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Franchise Snatap - Vending and Marketing Investment from
7 530 $
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Franchise Caruso’s American Cafe
Caruso’s American café created a first class food menu to pair with our world renown coffee and beverages.
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Franchise Caruso’s American Cafe Investment from
73 000 $
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Uncle Al’s American Cafe Franchise
This concept has coffee house style quality beverages and made from scratch food combined in an eclectic atmosphere. Chocolate fountain and fresh dipped products available in some locations
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Uncle Al’s American Cafe Franchise Investment from
68 000 $
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Arabica Coffee House Franchise
Arabica coffee house serves only 100% Arabica coffee beans. We also make all our food and pastry items in house for consistency and quality. We are known for our flavored drip coffees and also our Café Mocha featuring specialty beverages like Funky Monkey, Almond Joy, Twix and Nutella
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Arabica Coffee House Franchise Investment from
169 000 $
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Franchise UDS GAME - marketing mobile APP for business
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Franchise UDS GAME - marketing mobile APP for business Investment from
5 000 $
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Franchise of Oko Lashes Eyelash Extension Academy
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Franchise of Oko Lashes Eyelash Extension Academy Investment from
8 400 $
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Franchise trueVRsystems - Virtual Reality Entertainment Centre
Be the first in your market with the most advanced unavailable@home virtual reality entertainment centre in the world
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Franchise trueVRsystems - Virtual Reality Entertainment Centre Investment from
300 000 $
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