A franchise gives you a head start as opposed to building a business from the ground up. Starting a new business is riskier than purchasing a franchise.
To start a successful business (which of course, is not guaranteed to be successful) you’ve to plan everything from business strategy to everything part of your business.
A franchise put you right in the middle of a working business strategy and revenue model (instead of testing the water). You’ve little risk and can start crushing your goals immediately.
In this article, you’ll discover the top 10 affordable yet profitable franchise in Nigeria.
I learnt that people are finding it hard to buy franchise opportunities in Nigeria because of the money involve and instead they’re taking the traditional part of starting a small business.
That’s why I’m writing this article to show you that there is an affordable yet very profitable franchise in Nigeria.
Since you’ll be getting a revenue model that works, the price range in this article will be within $20,000 – $100,000.
So without further ado, let’s dive in.
1. Taco Bell
|Business Name||Taco Bell|
|Minimum Investment||N 20,000,000|
Taco Bell is a fast-food restaurant with over 350 franchise all over the world.
It is a dream to own its franchise for so many people and that’s because of its superb brand and affordable menu.
Taco Bell is one of the most popular franchises in Nigeria and could be a great company for you if you’re looking to franchise a very popular brand.
|Minimum Investment||N 5,000, 000|
Cleanbros is a professional cleaning company based in Moscow. The company automate its cleaning process which has a long effect on both customers and franchisee.
For customers, they get personalized services from the company to clean their office, apartment and other places they want.
This ensures that they’re long term customers which is a very good thing to look for when considering to buy a franchise.
For the franchisee, they get to save time, money and oversee a small part of the company operation.
Most franchisees are looking for a passive income where they don’t have to do most of the work, it’s a win-win situation.
3. Southern Fried Chicken
|Business Name||Southern Fried Chicken|
|Minimum Investment||N 20, 000, 000|
Southern Fried chicken is another company that provides its franchise in Nigeria.
The company is primarily based in the UK and built its brand around the fresh locally sourced ingredient.
They offer you the opportunity to join their ever-growing family of restaurant owners.
|Minimum Investment||N 11,000,000|
ActionCOACH is offers training and workshop to businesses to help them increase their revenue and grow their business.
ActionCOACH franchise gives you flexible hours and freedom. You get the brand and business model which is based on low volume, high margin profit to help you become successful.
Your role, as a franchisee is to help other business owners create a successful sales team, increase brand awareness, and reach their goals.
|Minimum Investment||N 30,600,000|
With 400 franchise and 1500 service centres in 26 countries, Ziebart is a worldwide leader in providing complete car solution to customers all over the world.
As a franchisee, Ziebart offers you a globally recognized brand that consumers are willing to pay for its services.
This put you in an incredible position to not only get back your investment but to be a successful business owner.
|Business Name||Algorithmics School|
|Minimum Investment||N 6,200,000|
Algorithmics uses state-of-art technology as a platform for both tutors and students to learn to program.
With over 150,000 courses and partnership with various public schools, trusted by parents and students alike, your business is in good hands.
If you have a passion for education or want to get involved in a platform that’s making education accessible to students around the world, then Algorithmics might be the best choice for you.
As in the case of any other franchise in Nigeria, you want to do your due diligence before getting involved.
|Minimum Investment||N 11,000,000|
Sport provides entertainment for people. It’s a basic need of human beings and most people will happily pay to be entertained.
So what do you think of providing a platform for that entertainment to take place?
That’s exactly what Skyhawk brings to game of franchise.
Skyhawk’s franchise offers you the ability to own a business that trains children and young adult from the age of 4 to 14 various sports like basketball, baseball, soccer, tennis and many others.
As a franchisee, your role is to use your skill and passion to promote your business. You’ll be selling your service to a community-based organization that serve children.
|Minimum Investment||N 9,000,000|
Chem-Dry is another company that offers its franchise in Nigeria. Cleaning is a $5 billion industry and ChemDry offers you the opportunity to get your own cut.
With over 3,000 franchise around the world and 40 years of experience in the industry, you’re in prime position to own a successful business.
Research shows that over 10 billion Square feet of new carpets are installed annually and to own a business that offers to clean does carpets shows you there is a huge market opportunity.
9. Vibe Marketing
|Business Name||Vibe Marketing|
|Minimum Investment||N 6,000,000|
Vibe Marketing uses digital marketing to grow businesses and organization of the various size and reach their marketing goals.
As a franchisee, you’ll become one of the directors and you’ll be aware of the result-driven approach Vibe Marketing use in getting clients and delivering the result to them.
You’ll also get everything you need to build a successful company which includes ongoing support and training.
Your role as a director is to close deals while the in-house expert of vibe handles the lead generation and delivers the result to clients.
10. Tucano Coffee
|Business Name||Tucano Coffee|
|Minimum Investment||N 25,500,000|
Tucano Coffee pride itself on quality control to get a fresh and flavoured coffee.
The company is rapidly expanding and already in 3 countries and each coffee shop makes a minimum of 3,500 Euros per month after tax.
If you love coffee then this might be the option for you.
That’s the 10 highly affordable franchise in Nigeria. I advise to go for a franchise you’ve passion.
Your knowledge, experiences and belief will also play a vital role in choosing and making you a successful franchisee.
Nevertheless, a franchise is a very great option you should consider in place to build up a new brand.
Which franchise are you interested in and why? Let me know in the comment section.