Franchise Opportunities in Montenegro

Popular franchise directions in Montenegro

List of franchises for sale available in Montenegro

Another World - Virtual Reality Parks Franchise Investment from $30,000
SAHAR&VOSK - Beauty Salon Franchise Investment from $30,000
Govorusha - Speech Therapy Center Investment from $16,200
«HARAT’S» - Irish Pubs Сhain Investment from $315,000
Perspective 24 - Real Estate Operator Franchise Investment on demand
SLONVISH - Hypoallergenic Jewelry Franchise Investment from $4,500
Bye Bye Nitz - lice treatment center franchise Investment on demand
GREEN BAR - Autonomous City Farms Franchise Investment from $8,168
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
Orangetheory Fitness - fitness centre franchise Investment from $488,405
9ROUND - kickbox fitness centers franchise Investment on demand
Amada Senior Care - Home care & assisted-living placement Franchise Investment from $85,010
Cutmann Kids - the First Children's Barbershop Franchise Investment from $80,000
Saber - the First Men's Hairdressing Salon for Boys Franchise Investment from $17,550
Friendly English - English Language Studio Franchise Investment from $4,700
Konkrid - Concrete Plant Franchise Investment on demand
Libertex - Forex trading franchise Investment from $10,000
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
Chile Passport - Obtaining Citizenship and Childbirth in Chile Franchise Investment from $20,200
LUMERIKA - Studio of Laser Epilation and Cosmetology Franchise Investment from $40,000
PALERMO COFFEE - Сoffee Сhain Franchise Investment from $12,500
Bustclub - Franchise of the Lingerie Styling Salon by Lidia Khuliganovna Investment from $83,000

Attractiveness of Montenegro for the development of franchise business

Montenegro is a small country in Southeastern Europe, on the Balkan Peninsula with 622,471 citizens. 66.8% of the total population is urban, the majority of whom live in the largest cities of the country: Podgorica (136,473 ppl), Niksic (56,970), Pljevlja (21,377).

A convenient location, microeconomic and political stability, as well as the competitive tax system, makes the country very attractive for different businesses including franchise companies. International companies running their business in the country have absolutely equal legal treatment as domestic ones.

The economy of the country is service-based and relies on steel and aluminum production, agricultural processing, consumer goods, and tourism. For the last years, tourism has become the richest sector in Montenegro which employs 22,000 workers all over the country. The constantly growing number of foreigners living in Montenegro and the increasing number of tourist arrivals provides a good target market for various businesses.

Franchise models are yet new for Montenegro's entrepreneurs, however, the business environment provides favorable conditions for them. Especially promising look tourism-related businesses such as hotels and wellness spas. There are also good opportunities for advancement for franchises in such sectors as food and beverages, catering, cosmetics, and apparel.

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


Felix de Wit

Felix de Wit
Official representative of Topfranchise in Europe

info@schalkshof.nl
+31 6 54313014

 

Indicators of Montenegrin Business Market

  • Capital: Podgorica

  • Currency: Euro (EUR, €)

  • Education Index (2015): 0,797

  • Official languages: Montenegrin, Serbian, Bosnian, Albanian, Croatian

  • Per capita GDP (PPP): $19,734

  • Quality-of-life index (0-10): -

  • Population: 678,901

  • Total GDP (PPP): $12,310 billion

  • Ease of Doing Business Ranking, Rank: 50

  • Gini: 31,9

  • Human Development Index (HDI): 0,814