Franchise opportunities in South Korea

Attractiveness of South Korea for the development of franchise business

The Republic of Korea is located in Eastern Asia. The population of the country is 51.25 million and 83.2% of people live in urban area. The annual household net adjusted disposable income is $19,372.

The country with a GDP of more than 1.6 trillion ranks the fourth in Asia and the eleventh in the world in terms of economic development, what makes it a tempting target for foreign investors.

South Korean franchise industry has a constructive impact on the development of the country economy. Franchise businesses contribute 7.8% of the GDP and employ 1,240,000 people. The majority of franchise companies are established in the largest cities of the country such as Seoul (10 mln), Busan (3.6 mln), Daegu (2.4 mln ), Incheon (2.8 mln), and Gwangju (1.5 mln).

The franchise market is overloaded with food services. Thus Korea Franchise Association has a great concern about the enormous number of fast food startups; as they can cause high consumer overspending. Food  service industry comprises 67% of the whole market.

There seem to be a lot of good opportunities available in service industry (only 20% of the market), and retail and wholesaling businesses (13%).

300 different business types have been operating in the country providing a wide variety of franchise activities to choose from. The initial fee for starting a franchise can be very little, just $2,000.

Browse franchise List in South Korea

Indicators of South Korean Business Market

  • Capital: Seoul

  • Currency: South Korean won (₩)

  • Education Index (2013): 0.865

  • Official languages: Korean, Korean Sign Language

  • Per capita GDP (PPP): $39,446

  • Quality-of-life index (0-10): 7.25

  • Population: 51.046 mln

  • Total GDP (PPP): $2.029 trillion

  • Ease of Doing Business Ranking, Rank: 4

  • Gini: 29.5

  • Human Development Index (HDI): 0.901

List of franchises for sale in South Korea

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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 of GVIDO Gelato Italian Ice Cream Cafe
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Franchise of GVIDO Gelato Italian Ice Cream Cafe Investment from
70 300 $
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Franchise of Oil Refineries “Smart Refinery Technologies Group”
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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 Claustrophobia - Real-life Quests
Our goal is to open as many excellent Claustrophobia quests as possible in different cities and countries, and we are pleased to build relationships with people who can help us to achieve the goal.
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Franchise Claustrophobia - Real-life Quests Investment from
37 500 $
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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
“Are you a franchisor?
You are welcome to TopFranchise.com, for free for 1 year!
Rise your franchise business with TopFranchise!
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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 Gemotest Laboratory
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Franchise of Gemotest Laboratory Investment from
12 000 $
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Franchise SilkSense - Silk Flower Rental
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Franchise SilkSense - Silk Flower Rental Investment from
30 000 $
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Franchise “PRAVILNAYA KOSMETIKA” - natural cosmetics
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Franchise “PRAVILNAYA KOSMETIKA” - natural cosmetics Investment from
1 320 $
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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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Canadian Services Centre Franchise
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Canadian Services Centre Franchise Investment from
55 000 $
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Popular franchise directions in South Korea

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