franchises in Armenia

Franchise Opportunities in Armenia

Popular franchise directions in Armenia

List of franchises for sale available in Armenia

Motorsport franchise
Motorsport - Franchise of racing club Investment from $97,200
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 $88,520
Mikel Coffee Company franchise
Mikel Coffee Company - Cafe Franchise Investment on demand
Verbatoria franchise
Verbatoria - Talents-By-Brainwaves Edutech Service For Children Franchise Investment from $4,990
Etagi franchise
Etagi - Real Estate Franchise Investment from $30,500
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
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
Veronica's franchise
Veronica's - Agency Franchise Investment from $45,000
COLIZEUM franchise
COLIZEUM - Cyber Sport Arenas Franchise Investment from $58,900
GREEN BAR franchise
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
Coffee Nefer franchise
Coffee Nefer - Coffee House Franchise Investment from $12,200
PANTIKA franchise
PANTIKA - Beauty and Health Laboratory Franchise Investment from $1,062
Baby Brain franchise
Baby Brain - Center for Additional Education Franchise Investment from $11,000
EcoMotive Hygiene franchise
EcoMotive Hygiene - Automotive Products Franchise Investment from $15,000
Cutmann Kids franchise
Cutmann Kids - the First Children's Barbershop Franchise Investment from $17,000
Coding Giants franchise
Coding Giants - Programming Courses Franchise Investment from $8,400
2Ballet franchise
2Ballet - International Ballet Schools Chain Franchise Investment from $115,000
MOMIZU HOUSE franchise
MOMIZU HOUSE - MOMIZU HOUSE Franchise For Sale – Bakery and Beverages Investment from $66,000
Body Dream franchise
Body Dream - Body Shaping and LPG Massage Studio Franchise Investment from $21,000
Anytime Carsharing franchise
Anytime Carsharing - Car Rental Franchise Investment from $250,000

Attractiveness of Armenia for the development of franchise business

Armenia is situated in the South Caucasus region between Europe and Asia. The country has a population of 2,936,341 people with the majority living in urban areas. The economy of the country has been growing for the last years providing welcoming opportunities for different including franchise businesses. Especially good locations for new companies are the largest cities of Armenia such as Yerevan (1,093,485 ppl), Gyumri (148,381 ppl) and Vanadzor (101,098 ppl).

Armenia provides the best business environment including no restriction on investment sector and a well-regulated banking system, well-educated labor force, competitive operational costs and strong support from the government. The most promising investment opportunities are noticed in IT, life science, textile and garment, tourism, fruit and vegetable processing, renewable energy and other sectors.

Franchise market in Armenia is represented mostly by international brands from Europe and the USA. Among the most successfully operating businesses are food-related franchises such as high-priced restaurants, pizzerias, sandwich bars; retail businesses; fitness; education and entertainment franchises. The boom for home-based franchises is also shared by Armenian entrepreneurs.

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

Indicators of Armenian Business Market

  • Capital: Yerevan

  • Currency: Armenian dram (AMD, Դրամ)

  • Education Index (2015): 0,73

  • Official languages: Armenian

  • Per capita GDP (PPP): $10,995

  • Quality-of-life index (0-10): -

  • Population: 2,92 mln

  • Total GDP (PPP): $32,893 billion

  • Ease of Doing Business Ranking, Rank: 41

  • Gini: 32,5

  • Human Development Index (HDI): 0,755