The most dynamically developing business areas are information technology, telecommunications, textile, food, chemical, health and pharmaceuticals, international and financial services, software production, e-commerce.
Annual turnover of franchise businesses in Republic of Ireland exceeds €2.4 billion.
The Irish franchise industry has created 4,086 operating franchise units and 42,927 full-time equivalent franchise jobs.
Dublin, Cork, Limerick, Galway and Waterford are the largest cities so in common they have the most attractive business opportunities for franchise companies.
The types of franchise businesses that exist in Ireland are varied with over half in the service sector and one-third in the retail sector. In terms of the business area in which franchise owners operate, the food and drink industry is the most popular.
When looking at the origin of franchise companies operating in Ireland, the UK has overtaken the US as the dominant player, accounting for over one-third of the market. An interesting finding is that new entrants from other countries such as Australia, Spain and the Far East have established themselves in the Irish franchise market.
The average initial franchise fee for buying a franchise in Ireland is €24,638. The research also shows that the average working capital for setting up a franchise business in Ireland is €21,873 and the total set-up cost is an average €124,330.Browse franchise List in Ireland
Currency: Euro (€)
Education Index (2013): 0.887
Official languages: Irish, English
Per capita GDP (PPP): $72,632
Quality-of-life index (0-10): 7.74
Population: 4.773 mln
Total GDP (PPP): $345 billion
Ease of Doing Business Ranking, Rank: 17
Human Development Index (HDI): 0.923