Franchise opportunities in New Zealand
Popular franchise directions in New Zealand
Attractiveness of New Zealand for the development of franchise business
New Zealand is situated on islands in the Pacific Ocean. The population of the country is 4,693 million people with 86% living in urban areas. The main cities are Auckland (1.63 mln), Wellington (418,500), Christchurch (404,500), and Manukau (375,700).
Nowadays New Zealand has a stable and strong economy and ranks high positions in health, education, and quality of life comparing to other countries in the world. The household net-adjusted disposable income per capita is $23,213 annually.
There are a lot of franchises for sale in New Zealand. 37,000 franchise companies (75 % of all the franchise system) in the country are locally-owned businesses but many international brands from Australia, UK, USA, Canada, South Africa, and some Asian countries are also present on the franchise market.
There is an abundant choice of franchise systems in the country. The main are home services, food and beverage, and retail. New Zealanders work hard and they like to have quality leisure time that is why the demand for home services is drastically increasing.
Today franchises create 125,000 job opportunities for the citizens of the country and generate over $18 billion annual turnover.
Among the main advantages of buying a franchise in New Zealand are rather high business ethics, a constant 15-20% annual growth of the number of franchise systems and outlets during the last 5 years, and no specific legislation to control franchising businesses.
There are high investment business opportunities, as well as cheap franchises in New Zealand presented for review, the choice is yours.
Indicators of Business Market in New Zealand
Currency: New Zealand dollar
Education Index (2013): 0.917
Official languages: English, Māori
Per capita GDP (PPP): $36,950
Quality-of-life index (0-10): 7.95
Population: 4.69 mln
Total GDP (PPP): $173.2 billion
Ease of Doing Business Ranking, Rank: 1
Human Development Index (HDI): 0.915