franchises in Latvia

Franchise Opportunities in Latvia

Popular franchise directions in Latvia

List of franchises for sale available in Latvia

CarSale  franchise
CarSale - Online car auction Franchise Investment from $10,000
Sushi-Market franchise
Sushi-Market - Japanese Food Franchise Investment from $40,000
Etagi franchise
Etagi - Real Estate Franchise Investment from $20,000
Mango Mania franchise
Mango Mania - Cafe Franchise Investment from $76,500
Altairika franchise
Altairika - virtual encyclopedia franchise Investment from $8,500
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
YOKO franchise
YOKO - Fix-Price Retail Franchise Investment from $45,000
Mikel Coffee Company franchise
Mikel Coffee Company - Cafe Franchise Investment on demand
C House Italia franchise
C House Italia - Cafe Franchise Investment from $100,000
Verbatoria franchise
Verbatoria - Talent Quotient - Child Care 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
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
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Attractiveness of Latvia for the development of franchise business

Northeastern country, Latvia has a population of 1,95 million people, with more than 70% living in urban areas. The largest cities like Riga (773,000) and Daugavpils (112,000) provide the most business opportunities in the country.

Latvia has a very open economy based on woodworking, metalworking and technical manufacturing. Among the most successful companies in the country are the ones dealing with the transport and logistics sectors, IT, energy, water, modern food production.

If an entrepreneur wants to start a franchise in Latvia, they will be pleased by a western-oriented business environment, a savvy workforce, a convenient tax system and a well-developed business infrastructure.

Franchise businesses have been successfully expanding all over the country especially in public catering sector. There is an interesting fact about Latvian franchise market: the development of domestic companies is a bit limited by the abundant choice of foreign franchise companies actively capturing the market.

Latvia hasn't taken any specific regulatory steps to make special legislation which will deal with franchising. Now all the franchise businesses in the country comply with the Law on Competition and the Commercial Law.

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

Indicators of Latvian Business Market

  • Capital: Riga

  • Currency: Euro (EUR, €)

  • Education Index (2015): 0,835

  • Official languages: Latvian

  • Per capita GDP (PPP): $31,215

  • Quality-of-life index (0-10): 6,01

  • Population: 1,93 mln

  • Total GDP (PPP): $60,509 billion

  • Ease of Doing Business Ranking, Rank: 19

  • Gini: 35,6

  • Human Development Index (HDI): 0,847