Franchise Opportunities in Cyprus

Popular franchise directions in Cyprus

List of franchises for sale available in Cyprus

Another World - Virtual Reality Parks Franchise Investment from $30,000
SAHAR&VOSK - Beauty Salon Franchise Investment from $30,000
Govorusha - Speech Therapy Center Investment from $16,200
«HARAT’S» - Irish Pubs Сhain Investment from $315,000
Sapore Italiano - Italian café Investment from $249,670
SLONVISH - Hypoallergenic Jewelry Franchise Investment from $4,500
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
Perspective 24 - Real Estate Operator Franchise Investment on demand
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
Orangetheory Fitness - fitness centre franchise Investment from $488,405
9ROUND - kickbox fitness centers franchise Investment on demand
5àsec - Dry Cleaning & Laundry Services Franchise Investment from $90,386
Marriott International - hotel franchise Investment from $74,082,490
Cutmann Kids - the First Children's Barbershop Franchise Investment from $80,000
Saber - the First Men's Hairdressing Salon for Boys Franchise Investment from $17,550
Friendly English - English Language Studio Franchise Investment from $4,700
Konkrid - Concrete Plant Franchise Investment on demand
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

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.

Felix de Wit

Felix de Wit
Official representative of Topfranchise in Europe
+31 6 54313014


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