Franchise Opportunities in Armenia

Popular franchise directions in Armenia

List of franchises for sale available in Armenia

«HARAT’S» - Irish Pubs Сhain Investment from $315,000
SAHAR&VOSK - Beauty Salon Franchise Investment from $30,000
Govorusha - Speech Therapy Center Investment from $16,200
Baby Brain - Center for Additional Education Franchise Investment from $11,000
SLONVISH - Hypoallergenic Jewelry Franchise Investment from $4,500
KAPIBARA - International food delivery network Investment from $40,000
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
Perspective 24 - Real Estate Operator Franchise Investment on demand
Another World - Virtual Reality Parks Franchise Investment from $30,000
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
9ROUND - kickbox fitness centers franchise Investment on demand
Orangetheory Fitness - fitness centre franchise Investment from $488,405
Cutmann Kids - the First Children's Barbershop Franchise Investment from $80,000
ZAGA GAME - Full VR Immersion Park Franchise Investment from $12,540
HEAD SHOT - Network of Cyber Sports Clubs Franchise Investment from $63,600
AMAkids - Intellectual Development Academy Franchise Investment from $15,000
BusyFly - Sharing Electric Scooter Franchise Investment from $6,206
Chile Passport - Obtaining Citizenship and Childbirth in Chile Franchise Investment from $20,200
LUMERIKA - Studio of Laser Epilation and Cosmetology Franchise Investment from $40,000
Bustclub - Franchise of the Lingerie Styling Salon by Lidia Khuliganovna Investment from $83,000
PALERMO COFFEE - Сoffee Сhain Franchise Investment from $12,500
Salad Box - Healthy Food Restaurant Franchise Investment from $90,213
Blo Blow Dry Bar - Hair Salon Franchise Investment from $300,000
AQUATICA - Drainage Systems and Site Development Franchise Investment from $13,500

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.


Felix de Wit

Felix de Wit
Official representative of Topfranchise in Europe

info@schalkshof.nl
+31 6 54313014

 

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