Franchise Opportunities in Iceland

Popular franchise directions in Iceland

List of franchises for sale available in Iceland

SAHAR&VOSK - Beauty Salon Franchise Investment from $30,000
Govorusha - Speech Therapy Center Investment from $16,200
Perspective 24 - Real Estate Operator Franchise Investment on demand
Another World - Virtual Reality Parks Franchise Investment from $30,000
SLONVISH - Hypoallergenic Jewelry Franchise Investment from $4,500
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
9ROUND - kickbox fitness centers franchise Investment on demand
5àsec - Dry Cleaning & Laundry Services Franchise Investment from $90,386
Orangetheory Fitness - fitness centre franchise Investment from $488,405
Abrakadoodle - Art-education Franchise Investment from $37,962
Acti-Kare - Nonmedical Home Care Franchise Investment from $33,835
Al Sayyed Associates - Financial, Payroll, Consulting & Tax Services Franchise Investment from $8,000
Marriott International - hotel franchise Investment from $74,082,490
Kids Star Studio - english bilingual club and kindergarten franchise Investment from $10,370
Long John Silver’s - Seafood Restaurant Franchise Investment from $109,250
Planet Smoothie - Store Franchise Investment from $76,150
Days Inn - Hotel Franchise Investment from $292,634
Mertel - Event Agency Franchise Investment from $5,415
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

Attractiveness of Iceland for the development of franchise business

Iceland is an island in the Atlantic Ocean which is situated near the Arctic Circle. There are 338 349 people living on the island and 97.3% of the population is urban. The largest city and the capital of Iceland is Reykjavik (118,918 ppl).

For the last 10 years, tourism has contributed much into the economic growth of Iceland. The number of tourists arrivals has reached 2 million in 2017.
With the development of tourism industry, Iceland's economy has been transformed into manufacturing and service industries. The business environment in Iceland is rapidly developing, company friendly and comply with the highest international standards.

The most promising sectors of the economy are energy-intensive sectors, tourism, film industry, organic foods, wine and beer, computer equipment and software, and high-tech fishing equipment.

Franchising is popular in Iceland. The most successful are the franchise companies dealing with education, food and beverages, IT, fitness, medicine, and e-commerce retail. Icelanders enjoy the products and services of American food franchises like KFC, Subway, Dominos, Pizza Hut, Quiznos, and Dunkin Donuts. However, in the clothing and apparel sector, they prefer European franchise brands.

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

Felix de Wit

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


Indicators of Icelandic Business Market

  • Capital: Reykjavík

  • Currency: Icelandic krona (ISK, kr)

  • Education Index (2015): 0,906

  • Official languages: Icelandic

  • Per capita GDP (PPP): $54,753

  • Quality-of-life index (0-10): -

  • Population: 358,780 ths

  • Total GDP (PPP): $19 billion

  • Ease of Doing Business Ranking, Rank: 21

  • Gini: 24,1

  • Human Development Index (HDI): 0,935