List of Franchise business in Nigeria that is profitable

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List of Franchise business in Nigeria that is profitable

Are you looking for a profitable franchise business to invest in? or you are looking for just a lucrative business in Nigeria that yield good return on investment? Then, you may consider buying a franchise license from any of the companies listed below.

Not only is franchise business profitable, but also readily available to tap into. Let us look at what we call franchise business.

What is a franchise?

Franchise is an authorization given to an individual or a legal entity to enable them to carry out specified commercial activities of another entity.

Generally speaking, the authorizing entity is referred to as the franchisor; while an individual or entity authorized to carry out the franchising business is known as franchisee. In other words, a franchisee is an individual or legal entity that holds a franchise license from a franchisor for the sale of goods or the operation of a service.

 

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