franchises in Nigeria

Franchise opportunities in Nigeria

Popular franchise directions in Nigeria

List of franchises for sale available in Nigeria

Hit
Southern Fried Chicken franchise
Southern Fried Chicken - restaurant franchise Investment from $ 65,000
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
PIXLINE franchise
PIXLINE - franchise of a ready projects' pick up point Investment from $ 750
No-H2O franchise
No-H2O - Waterless Car Cleaning Franchise Investment from $ 1,145,000
TUCANO COFFEE franchise
TUCANO COFFEE - coffee shop franchise Investment from $ 84,600
Hit
Cleanbros franchise
Cleanbros - cleaning сompany franchise Investment from $ 16,200
Jack Hiker franchise
Jack Hiker - backpacks franchise Investment from $ 1,470
TOPGUN franchise
TOPGUN - barbershop franchise Investment from $ 55,000
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $ 488,405
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $ 4,530
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $ 275,000
Choupette franchise
Choupette - kids clothing shop franchise Investment from $ 46,000
Nothing Bundt Cakes franchise
Nothing Bundt Cakes - retail bakery franchise Investment from $ 408,187
Coffee Like franchise
Coffee Like - coffee-to-go franchise Investment from $ 14,000
Bye Bye Nitz franchise
Bye Bye Nitz - lice treatment center franchise Investment on demand
Cruise Planners franchise
Cruise Planners - travel agency franchise Investment from $ 2,295
HomeVestors of America franchise
HomeVestors of America - real estate franchise Investment from $ 53,000
Smoothie King franchise
Smoothie King - smoothie and juice bar franchise Investment from $ 263,550
Valvoline franchise
Valvoline - instant oil change franchise Investment from $ 174,500
Autozspa franchise
Autozspa - Car Cleaning Franchise Investment from $ 7,000
Primrose Schools franchise
Primrose Schools - early childhood education franchise Investment from $ 553,180
Jimmy John's franchise
Jimmy John's - restaurant franchise Investment from $ 329,500
Sonic Drive-In franchise
Sonic Drive-In - restaurant franchise Investment from $ 865,000
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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, the 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 favorable cities for the business are Lagos (9 mln), Kano (3.63 mln), Ibadan (3.57 mln), Kaduna (1.58 mln), Port Harcourt (1.15 mln), Benin City (1.12 mln), Maiduguri (1.11 mln), Zaria (975,153), Aba (897,560), and Abuja (776,298). 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 the business but on the average they are between $50,000 and $200,000 to establish.

There are high investment business opportunities, as well as cheap franchises in Nigeria presented for review, the choice is yours.

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