franchises in Latvia

Franchise Opportunities in Latvia

Popular franchise directions in Latvia

List of franchises for sale available in Latvia

Motorsport franchise
Motorsport - Franchise of racing club Investment from $97,200
Sushi-Market franchise
Sushi-Market - Japanese Food Franchise Investment from $40,000
Etagi franchise
Etagi - Real Estate Franchise Investment from $30,500
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
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
Choupette franchise
Choupette - kids clothing shop franchise Investment from $46,000
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
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
Coding Giants franchise
Coding Giants - Programming Courses Franchise Investment from $8,400
2Ballet franchise
2Ballet - International Ballet Schools Chain Franchise Investment from $115,000
MOMIZU HOUSE franchise
MOMIZU HOUSE - MOMIZU HOUSE Franchise For Sale – Bakery and Beverages Investment from $66,000
Body Dream franchise
Body Dream - Body Shaping and LPG Massage Studio Franchise Investment from $21,000

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