franchises in Armenia

Franchise Opportunities in Armenia

Popular franchise directions in Armenia

List of franchises for sale available in Armenia

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
PANO Global Sign’service franchise
PANO Global Sign’service - Advertising & Marketing Franchise Investment from $34,000
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
Morendi franchise
Morendi - Car Detailing & Chip Tuning Franchise Investment from $80,800
Abakus Center franchise
Abakus Center - Abakus Center - Child Education Franchise Investment from $5,505
EPL Yakutian Diamonds franchise
EPL Yakutian Diamonds - Fine Jewelry Store Franchise Investment from $15,000
Etagi franchise
Etagi - Real Estate Franchise Investment from $30,500
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $4,530
Choupette franchise
Choupette - kids clothing shop franchise Investment from $46,000
Travelto franchise
Travelto - Hotel Franchise Investment from $82,590
Goodwill franchise
Goodwill - gastronomic supermarkets franchise Investment from $222,000
Podsolnuh PRO franchise
Podsolnuh PRO - Kids Center - Child Care Franchise Investment from $26,020
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
KidsDevelop franchise
KidsDevelop - Child Education Franchise Investment from $11,660
Coffee Nefer franchise
Coffee Nefer - Coffee House Franchise Investment from $12,200
Bye Bye Nitz franchise
Bye Bye Nitz - lice treatment center franchise Investment on demand
Little Sheep franchise
Little Sheep - Hot Pot Franchise Investment from $500,000
Plov.com franchise
Plov.com - Online Restaurant Franchise Investment from $24,300
FITTIN franchise
FITTIN - Virtual Fitting Room Service Franchise Investment from $6,340

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