Franchise Opportunities in Cyprus

Popular franchise directions in Cyprus

List of franchises for sale available in Cyprus

Motorsport franchise
Motorsport - Franchise of racing club Investment from $97,200
Ormado Kaffeehaus franchise
Ormado Kaffeehaus - Coffee Shop Franchise Investment on demand
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
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
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
5àsec franchise
5àsec - Dry Cleaning & Laundry Services Franchise Investment from $90,386
Marriott International franchise
Marriott International - hotel franchise Investment from $74,082,490
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
MOMIZU HOUSE franchise
MOMIZU HOUSE - MOMIZU HOUSE Franchise For Sale – Bakery and Beverages Investment from $66,000
R:ED LAB franchise
R:ED LAB - Training Center Franchise Investment from $27,370
Mail Boxes Etc franchise
Mail Boxes Etc - Service Centers Franchise Investment from $83,000
Saber franchise
Saber - the First Men's Hairdressing Salon for Boys Franchise Investment from $17,550
Friendly English  franchise
Friendly English - English Language Studio Franchise Investment from $4,700

Attractiveness of Cyprus for the development of franchise business

Cyprus is an island in the Mediterranean Sea. The population of Cyprus is relatively small, 854,802 people. Large cities include Nicosia (200,452 ppl), Limassol (154,000) and Larnaca (72,000). Having more than 4 million tourist arrivals per year, the island is considered to be the 40th most popular destination in the world.

Cyprus can brag to have one of the fastest growing free market economies in eurozone with promising opportunities for different both domestic and international companies. The island has a business-friendly environment due to its perfect location, educated English-speaking citizens, good information and technology infrastructure and easy company formation ( the procedure for registering a legal entity generally takes only about one week) and convenient tax planning systems.

Franchise companies are rather popular in Cyprus. The majority of them specialize in providing products and services. Food and beverage is apparently the most successful franchise sector on the island, represented by international brands mostly from the USA and Europe. Among the other franchise businesses operating on the island are pest control, entertainment, retail, health and beauty, fitness and home care franchises.

Only one sector on Cyprus which has not yet adopted the E.U. franchising legislation is the property industry.

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

Indicators of Cypriot Business Market

  • Capital: Nicosia

  • Currency: Euro (EUR, €)

  • Education Index (2015): 0,786

  • Official languages: Greek, Turkish

  • Per capita GDP (PPP): $41,572

  • Quality-of-life index (0-10): 7,1

  • Population: 1,17 mln

  • Total GDP (PPP): $35,970 billion

  • Ease of Doing Business Ranking, Rank: 57

  • Gini: 30,8

  • Human Development Index (HDI): 0,869