Franchise Opportunities in Armenia

Popular franchise directions in Armenia

List of franchises for sale available in Armenia

Another World - Virtual Reality Parks Franchise Investment from $30,000
Tenacious Techies - full service digital marketing agency franchise Investment from $2,000
SAHAR&VOSK - Beauty Salon Franchise Investment from $30,000
Govorusha - Speech Therapy Center Investment from $16,200
PunctureSafe - total tyre protection franchise Investment from $1,875
Perspective 24 - Real Estate Operator Franchise Investment on demand
SLONVISH - Hypoallergenic Jewelry Franchise Investment from $4,500
Choupette - kids clothing shop franchise Investment from $46,000
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
9ROUND - kickbox fitness centers franchise Investment on demand
PRESOTEA - Bubble Tea Shop Franchise Investment from $100,000
Orangetheory Fitness - fitness centre franchise Investment from $488,405
PANTIKA - Beauty and Health Laboratory Franchise Investment from $1,062
Cutmann Kids - the First Children's Barbershop Franchise Investment from $80,000
MOMIZU HOUSE - MOMIZU HOUSE Franchise For Sale – Bakery and Beverages Investment from $66,000
Naedine - Medical Clinic Franchise Investment from $432,170
ADORI сollection - Production Studio of Knitted Clothes Franchise Investment from $24,200
HEALTHY-5 - Australian Super Manuka Honey Franchise Investment from $80,000
Tendata - Global Trade Data Supplier Franchise Investment from $3,000
LANZHOU - Fast Food Restaurant Franchise Investment from $100,000
Saya - Cafe Franchise Investment from $80,000
Realtyplus - Real Estate Agency Franchise Investment from $2,260
AMAkids - Intellectual Development Academy Franchise Investment from $15,000

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.


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