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

SmartyKids franchise
SmartyKids - mental arithmetic school franchise
Investment from
10 500 $
Submit request
UKUB franchise
UKUB - franchise of speedcubing children`s center
Investment from
20 000 $
Submit request
 franchise
Smart Refinery Technologies Group - franchise of oil refineries
Investment from
500 000 $
Submit request
My Town franchise
My Town App - franchise of mobile applications for cities
Investment from
5 000 $
Submit request
RAMEN IROHA franchise
RAMEN IROHA - franchise of Ramen shop
Investment from
45 000 $
Submit request
Claustrophobia franchise
Claustrophobia - real-life quests franchise
Investment from
37 500 $
Submit request
Gemotest Laboratory franchise
Gemotest - franchise of laboratory
Investment from
12 000 $
Submit request
9rounds franchise
9ROUND - franchise of kickbox fitness centers
Investment from
$
Submit request
Choupette franchise
Choupette - kids clothing shop franchise
Investment from
46 000 $
Submit request
Southern Fried Chicken franchise
Southern Fried Chicken - restaurant franchise
Investment from
322 850 $
Submit request
 Business Network International Global franchise
BNI - Business Network International Franchise
Investment from
65 000 $
Submit request
Nutty Scientists franchise
Nutty Scientists - spectacular interactive activities franchise
Investment from
45 000 $
Submit request
Funtopia franchise
Funtopia - franchise of family entertainment centers
Investment from
629 674 $
Submit request
KIO DA franchise
KIO DA - franchise of retail shops chain
Investment from
139 000 $
Submit request
DetailCar franchise
DetailCar - franchise of waterless carwash
Investment from
9 960 $
Submit request
Danube Home franchise
Danube Home - furniture & home accessory franchise
Investment from
400 000 $
Submit request
Dietplus franchise
Dietplus - franchise of healthcare coaching
Investment from
56 000 $
Submit request
Al-Mama franchise
al Mamà Bistrot - restaurant franchise
Investment from
135 000 $
Submit request
JOUR franchise
Jour - healthy restaurant chain franchise
Investment from
336 942 $
Submit request
Los Pollos franchise
Los Pollos - franchise of chicken barbecue
Investment from
175 980 $
Submit request
Tucano Coffee franchise
TUCANO COFFEE - franchise of coffee shop
Investment from
84 600 $
Submit request
Questoria franchise
Questoria - franchise of organize birthdays, corporate and kids parties
Investment from
3 140 $
Submit request
Prive7 Express franchise
Prive7 Express - beauty salons franchise
Investment from
113 000 $
Submit request
Kawaii Factory franchise
Kawaii Factory - Franchise of Gifts and Accessories
Investment from
7 600 $
Submit request
Snap Fitness franchise
Snap Fitness - 24/7 gym franchise
Investment from
148 771 $
Submit request
Sky Zone franchise
Sky Zone - trampoline park franchise
Investment from
1 343 813 $
Submit request
JAN-PRO franchise
JAN-PRO - commercial cleaning franchise
Investment from
3 985 $
Submit request
Minuteman Press franchise
Minuteman Press - printing franchise
Investment from
64 238 $
Submit request
Jazzercise franchise
Jazzercise - dance fitness franchise
Investment from
3 700 $
Submit request
uBreakiFix franchise
uBreakiFix - electronics repairs franchise
Investment from
60 400 $
Submit request

Popular franchise directions in Nigeria

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