franchises in Mongolia

Franchise Opportunities in Mongolia

Popular franchise directions in Mongolia

List of franchises for sale available in Mongolia

Altairika franchise
Altairika - virtual encyclopedia franchise Investment from $8,500
Tenacious Techies franchise
Tenacious Techies - full service digital marketing agency franchise Investment from $2,000
PunctureSafe franchise
PunctureSafe - total tyre protection franchise Investment from $1,875
Rulomatik™ franchise
Rulomatik™ - Vending Machines Franchise Investment from $70,000
PANO Global Sign’service franchise
PANO Global Sign’service - Advertising & Marketing Franchise Investment from $34,000
PITAYA franchise
PITAYA - Thai Street Food Franchise Investment from $233,300
YOKO franchise
YOKO - Fix-Price Retail Franchise Investment from $45,000
Mikel Coffee Company franchise
Mikel Coffee Company - Cafe Franchise Investment on demand
C House Italia franchise
C House Italia - Cafe Franchise Investment from $100,000
Verbatoria franchise
Verbatoria - Talent Quotient - Child Care Franchise Investment from $4,990
Morendi franchise
Morendi - Car Detailing & Chip Tuning Franchise Investment from $80,800
Abakus Center franchise
Abakus Center - Abakus Center - Child Education Franchise Investment from $5,505
EPL Yakutian Diamonds franchise
EPL Yakutian Diamonds - Fine Jewelry Store Franchise Investment from $15,000
Etagi franchise
Etagi - Real Estate Franchise Investment from $20,000
Mango Mania franchise
Mango Mania - Cafe Franchise Investment from $76,500
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
Burger King franchise
Burger King - fast food restaurant franchise Investment from $323,100
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
Travelto franchise
Travelto - Hotel Franchise Investment from $82,590
Podsolnuh PRO franchise
Podsolnuh PRO - Kids Center - Child Care Franchise Investment from $26,020
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
KidsDevelop franchise
KidsDevelop - Child Education Franchise Investment from $11,660
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $4,530
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Attractiveness of Mongolia for the development of franchise business

Mongolia is located in north-central Asia. The population of the country is 3,172,101 people and the majority of them (72.9 %) live in an urban area. The most densely inhabited are such cities as Ulaanbaatar (1,3 mln ppl), Erdenet (79,647 ppl) and Darhan (74,300 ppl).

The economy of the country is strong and stable. Mongolia can brag rich deposits of gold, copper, coal, uranium, rare earth oxides, iron ore, oil, tungsten, molybdenum, and fluorspar. The most rapidly developing businesses deal with agriculture, internet technologies, renewable energy and green technologies; franchising; and logistics.

Franchise companies are widely spread throughout Mongolia. The successful tendency is due to the demands of a rather young population (the median age in Mongolia is 27.4 years) for international brands.

Being open to new products and concepts Mongolians choose quality over cheap price, therefore famous American franchises especially operating in the food and beverage sector are taking advantage over cheaper domestic franchise companies which produce lower quality products. However, if you would like to start your own franchise business in Mongolia, especially in food or beverage sector consider cultural differences.

Among the other successful franchise sectors, one should mention education, consulting, IT, retail, kids, commercial cleaning and health and beauty.

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

Indicators of Mongolian Business Market

  • Capital: Ulaanbaatar

  • Currency: Mongolian tugrik (MNT, ₮)

  • Education Index (2015): 0,737

  • Official languages: Mongolian

  • Per capita GDP (PPP): $14,270

  • Quality-of-life index (0-10): -

  • Population: 3,26 mln

  • Total GDP (PPP): $47 billion

  • Ease of Doing Business Ranking, Rank: 74

  • Gini: 32,3

  • Human Development Index (HDI): 0,741