franchises in Jamaica

Franchise opportunities in Jamaica

Popular franchise directions in Jamaica

List of franchises for sale available in Jamaica

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 $18,850
Rulomatik™ franchise
Rulomatik™ - Vending Machines Franchise Investment from $70,000
PANO Global Sign’service franchise
PANO Global Sign’service - Advertising & Marketing Franchise Investment from $116,200
PITAYA franchise
PITAYA - Thai Street Food Franchise Investment from $233,300
mini YOKO franchise
mini YOKO - Fix-Price Retail Franchise Investment from $120,000
Mikel Coffee Company franchise
Mikel Coffee Company - Cafe Franchise Investment from $200,000
C House Italia franchise
C House Italia - Cafe Franchise Investment from $100,000
Flip Out franchise
Flip Out - entertainment facility franchise Investment from $1,400,000
Hit
BookingCat franchise
BookingCat - pet hotels chain franchise Investment from $4,530
TOPGUN franchise
TOPGUN - barbershop franchise Investment from $55,000
Krispy Kreme franchise
Krispy Kreme - doughnuts and coffee store franchise Investment from $275,000
Caviar franchise
Caviar - luxury phones and gifts studio franchise Investment from $314,000
9ROUND franchise
9ROUND - kickbox fitness centers franchise Investment on demand
Hit
Southern Fried Chicken franchise
Southern Fried Chicken - restaurant franchise Investment from $65,000
Ben's Soft Pretzels franchise
Ben's Soft Pretzels - bakery franchise Investment from $107,200
Carl's Jr. franchise
Carl's Jr. - restaurants franchise Investment from $1,375,000
BrightStar Care franchise
BrightStar Care - home health care franchise Investment from $94,618
Orangetheory Fitness franchise
Orangetheory Fitness - fitness centre franchise Investment from $488,405
Speed Queen franchise
Speed Queen - Commercial Laundry Equipment Franchise Investment from $75,000
Buddy's Home Furnishings franchise
Buddy's Home Furnishings - home furnishings franchise Investment from $385,166
Capriotti's Sandwich Shop franchise
Capriotti's Sandwich Shop - Restaurant Franchise Investment from $365,000
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Attractiveness of Jamaica for the development of franchise business

Jamaica is an island country in the West Indies washed by the Caribbean Sea. The country`s main assets are bauxite, agriculture and also tourism. The exports of Jamaica include refined petroleum, aluminum ore, hard liquor, and cassava.

The economy of the country is slowly but steadily developing. In 2016 Jamaica’s GDP increased by 1.4% and the poverty reduced to 20%, the average monthly net salary was $524. The government has implemented several reforms to improve the investment climate within the country. Therefore, Jamaica is becoming seductive for both foreign and local investors.

Kingston (666,041) gives the best opportunities for investments for some reasons; it is the most populated city with well-developed sea infrastructure and the most attractive place for tourists in the country.

2.8 mln tourists visit the country annually; most visitors arriving in Jamaica are from the USA, UK, Canada, and Germany.

One of the most successful economic industries of Jamaica is IT. The country has high achievements in mobile technologies development, which could be of interest for foreign investors.

Franchising is just beginning to gain traction in Jamaica, thus the market is available for new brands. From those franchise businesses operating in the country accounting, food, automobile sales and rental, and training services are worth mentioning. The average franchise fee is $35,000.

There are no specific laws, which control or constrain the growth of franchise business in the country. To get the rights to operate a franchise, the franchisee has to register a local company.

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

Indicators of Jamaican Business Market

  • Capital: Kingston

  • Currency: Jamaican dollar

  • Education Index (2013): 0.668

  • Official languages: English

  • Per capita GDP (PPP): $8,991

  • Quality-of-life index (0-10): out of list

  • Population: 2.651 mln

  • Total GDP (PPP): $25.437 billion

  • Ease of Doing Business Ranking, Rank: 70

  • Gini: 45.5

  • Human Development Index (HDI): 0.719