Franchise opportunities in Iran
Popular franchise directions in Iran
Attractiveness of Iran for the development of franchise business
Iran has the world’s second largest reserves of natural gas and fourth largest deposits of crude oil. The petroleum business is the main in Iran; oil brings 80% of export revenues. The manufacture of ceramics, silk, and jewelry also contribute to the economy. In 2015 after the nuclear agreement was signed, Iran has expanded its oil exports, attracted more foreign investments, and boosted trade.
Iran also provides a large consumer market due to the high population of 80.5 million people. The biggest cities of the country including the capital Tehran (8.7 mln), the center of tourism in Iran Mashhad (3 mln), Isfahan (1.96 mln), Karaj (1.6 mln), Tabriz (1.59 mln), Shiraz (1.57 mln), and Qom (1.2 mln) allow many business opportunities for franchising.
The average household net-adjusted disposable income per capita is low $18,078 per capita (the OECD average of $29,016). However, a recent report shows that the country has a young well-educated population (over 60% are under 30 years old) with great.
There are high investment business opportunities, as well as cheap franchises in Iran presented for review, the choice is yours.
Indicators of Iranian Business Market
Currency: Rial (IRR, ﷼)
Education Index (2013): 0,704
Official languages: Persian
Per capita GDP (PPP): $21,241
Quality-of-life index (0-10): 5,78
Population: 81,67 mln
Total GDP (PPP): $1,749 trillion
Ease of Doing Business Ranking, Rank: 124
Human Development Index (HDI): 0,766