Franchise Opportunities in Luxembourg
Popular franchise directions in Luxembourg
Attractiveness of Luxembourg for the development of franchise business
Luxembourg is a small country located in the North-Western part of Europe with the population of 590,667 people. 87.0% of the country citizens are urban, including 76,684 ppl living in the capital, Luxemburg; 28,228 ppl in Esch-sur-Alzette, and 18,013 in Dudelange.
The average household net-adjusted disposable income per capita is USD 39 264, which is significantly higher than the OECD average of USD 33 604 a year.
The economy of the country is thriving. The most successful sectors which contribute much to the economy are banking, steel, and industrial businesses.
Franchise business hasn't been so popular as the other companies so far. However, it has started gaining traction. If an entrepreneur is willing to establish a franchise company in Luxembourg, they should consider such commercial activities as wholesale, retail, intellectual services, industrial activities, manufacturing, travel agents real estate, hotels and hospitality, restaurants which are in demand in the country. The rich population of the country is attracted by world-known brands, therefore it seems quite reasonable to own international business in Luxembourg.
Luxembourg has no special legislation for franchise agreements. But as the country is among European Union founding members, franchise businesses for sale there follow the rules of the European Franchise Federation.
There are high investment business opportunities, as well as cheap franchises in Luxembourg presented for review, the choice is yours.
Indicators of Luxembourg Business Market
Capital: Luxembourg City
Currency: Euro (EUR, €)
Education Index (2015): 0,783
Official languages: "French, Luxembourgish, German"
Per capita GDP (PPP): $114,825
Quality-of-life index (0-10): -
Population: 602,005 ths
Total GDP (PPP): $70,926 billion
Ease of Doing Business Ranking, Rank: 66
Human Development Index (HDI): 0,904