franchises in South Korea

Franchise opportunities in South Korea

Popular franchise directions in South Korea

List of franchises for sale available in South Korea

Mars-Tefo franchise
Mars-Tefo - educational amusement park franchise Investment from $ 652,030
AcademKids franchise
AcademKids - english language kindergarten franchise Investment on demand
Hit
Cleanbros franchise
Cleanbros - cleaning сompany franchise Investment from $ 16,200
ExoDrome franchise
ExoDrome - interactive attractions franchise Investment from $ 152,141
Döner & Gyros franchise
Döner & Gyros - fast food restaurant franchise Investment on demand
No-H2O franchise
No-H2O - Waterless Car Cleaning Franchise Investment from $ 1,145,000
Gerry Weber franchise
Gerry Weber - women's cothing franchise Investment from $ 90,000
TOPGUN franchise
TOPGUN - barbershop franchise Investment from $ 55,000
Coffee Like franchise
Coffee Like - coffee-to-go franchise Investment from $ 14,000
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $ 4,530
Caviar franchise
Caviar - luxury phones and gifts studio franchise Investment from $ 314,000
Samocat Sharing franchise
Samocat Sharing - automatic stations of scooter rental franchise Investment from $ 6,030
Hit
RoboThink franchise
RoboThink - еducation center franchise Investment from $ 40,700
Hit
Southern Fried Chicken franchise
Southern Fried Chicken - restaurant franchise Investment from $ 65,000
Rockefeller Real Estate franchise
Rockefeller Real Estate - internationally operating company franchise Investment from $ 15,000
PRIMEBEEF BAR franchise
PRIMEBEEF BAR - bar & grill chain franchise Investment from $ 59,380
Choupette franchise
Choupette - kids clothing shop franchise Investment from $ 46,000
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $ 275,000
Jack Hiker franchise
Jack Hiker - backpacks franchise Investment from $ 1,470
Cream Station franchise
Cream Station - ice-cream shop franchise Investment from $ 32,000
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
PIXLINE franchise
PIXLINE - franchise of a ready projects' pick up point Investment from $ 750
TUCANO COFFEE franchise
TUCANO COFFEE - coffee shop franchise Investment from $ 84,600
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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 the 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 the 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.

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

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

Franchising news in South Korea

MK Start-Up and Franchise National Trade Fair in South Korea
MK Start-Up and Franchise National Trade Fair in South Korea
07.03.2019
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Seoul International Franchise Expo in March
Seoul International Franchise Expo in March
09.01.2019
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TopFranchise in the International Franchising Fair in Seoul
TopFranchise in the International Franchising Fair in Seoul
13.03.2018
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International Franchise Seoul 2018
International Franchise Seoul 2018
26.12.2017
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