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The table below offers a collection of data aimed at giving potential franchisees a glimpse into their market landscape. Click Read More to delve deeper, uncovering additional information to assist you in making a well-informed decision. These insights are tailored to highlight the opportunities in your city as you consider a franchise purchase.
Key Data Points for Aurora, Colorado | ||
Data | Aurora, CO | Nationwide |
---|---|---|
Population | 393.53 thousand | 333.2 million |
Proj. 5 Year Population Growth | -2.2999% | 0.5% |
Median Household Income | $114,193 | $74,580 |
Median Age | 34.85 | 38.9 |
Residents per Business | 1 to 27 | 10 to 1 |
Annual Household Expenditures | $11.38 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
Analyzing the data for Aurora, CO, the automotive franchise industry stands out as a potentially lucrative sector. With an estimated 277,097 total vehicles available and an average of 1.9 vehicles per household in 2023, there is a significant market for automotive services. Additionally, considering the high percentage of households with two or more vehicles (38.6% with two vehicles and 22.4% with three or more), services such as maintenance, repairs, and car washes would likely be in constant demand.
Read MoreThe health and fitness industry also presents a compelling opportunity for franchising. With total annual consumer expenditures on health care amounting to $936.33 million in 2023, there's clear evidence of Aurora residents investing in their well-being. The estimated average household net worth in 2023 is $956,226, implying that residents have disposable income that could be directed towards personal health and wellness services.
Lastly, the food franchise industry is worth considering. Aurora has a total annual consumer expenditure on food and beverages of $1.66 billion. Given the 95.4% housing units occupied, with a significant portion of them being family households (ranging from two-person households at 31.5% to seven or more person households at 2.2%), there is a consistent demand for dining options. Food franchises that cater to families and offer convenience, such as fast-casual dining, takeout, and delivery services, could thrive in this environment.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | Ledgers | Financial Franchises | $50,000 | ||
3 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
4 | FranDestiny | Business Services Franchises | $150,000 | ||
5 | Automated Investments | Business Opportunities | $100,000 | ||
6 | Batteries Plus | Retail Franchises | $100,000 | ||
7 | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | ||
8 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
9 | American Business Systems, LLC | Financial Franchises | $30,000 | ||
10 | Ace Handyman Services | Home Services & Repair Franchises | $70,000 |
At Franchise Ventures, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.
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