franchises in Jamaica

Franchise opportunities in Jamaica

Popular franchise directions in Jamaica

List of franchises for sale available in Jamaica

Motorsport franchise
Motorsport - Franchise of racing club Investment from $97,200
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
Etagi franchise
Etagi - Real Estate Franchise Investment from $30,500
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
Speed Queen franchise
Speed Queen - Commercial Laundry Equipment Franchise Investment from $75,000
Capriotti's Sandwich Shop franchise
Capriotti's Sandwich Shop - Restaurant Franchise Investment from $365,000
Blimpie Subs & Salads franchise
Blimpie Subs & Salads - Restaurant Franchise Investment from $74,780
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

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