franchises in Barbados

Franchise Opportunities in Barbados

Popular franchise directions in Barbados

List of franchises for sale available in Barbados

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 $70,000
PANO Global Sign’service franchise
PANO Global Sign’service - Advertising & Marketing Franchise Investment from $34,000
PITAYA franchise
PITAYA - Thai Street Food Franchise Investment from $233,300
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
Etagi franchise
Etagi - Real Estate Franchise Investment from $20,000
Mango Mania franchise
Mango Mania - Cafe Franchise Investment from $76,500
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $4,530
Farolero franchise
Farolero - night magic city tour franchise Investment on demand
Choupette franchise
Choupette - kids clothing shop franchise Investment from $46,000
Goodwill franchise
Goodwill - gastronomic supermarkets franchise Investment from $222,000
Travelto franchise
Travelto - Hotel Franchise Investment from $82,590
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
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
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Attractiveness of Barbados for the development of franchise business

Barbados is an island country in the Caribbean Sea. The current population of Barbados is 286,655 including 31.9 % of urban citizens. Being among developing countries, Barbados has a rather high quality of life rating. The largest cities such as Bridgetown (110,000), Speightstown (3,634), Oistins (2,285) are not numerous in population. Speaking of the economy, three the most successful sectors are worth mentioning. They are services, light industry, and sugar. An offshore financial services sector operating in the country is the second biggest source of foreign exchange after the tourism business. Tourism is the backbone of the country's economy. The number of tourist arrivals is 54860.00 ppl a month (2018).

Perfect infrastructure, good telecommunications, well-educated and hard-working workforce allow a lot of franchise opportunities for different kinds of businesses. Moreover, the government encourages franchise companies to enter the market. Barbados has franchise-specific legislation. The franchises have to be registered with the Ministry of Finance and Economic Affairs. There is an initial registration fee of USD $5,000, and annual renewal fees of USD $1,000 for franchise holders.

Many international franchises such as Payless Shoesource, Contours Express®, Subway, and Burger King obtained permits and successfully operate their franchise businesses.

However, there is still a great demand for health and beauty, travel and tourism, entertainment and education and non-food franchise businesses.

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

Indicators of Business Market in Barbados

  • Capital: Bridgetown

  • Currency: Barbadian dollar (BBD, $)

  • Education Index (2015): 0,773

  • Official languages: English, Bajan Creole

  • Per capita GDP (PPP): $16,669

  • Population: 0,29 mln

  • Total GDP (PPP): $4,663 billion

  • Ease of Doing Business Ranking, Rank: 129

  • Human Development Index (HDI): 0.8