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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 Bakersfield, California | ||
| Data | Bakersfield, CA | Nationwide |
|---|---|---|
| Population | 410.94 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -3.4187% | 0.5% |
| Median Household Income | $111,406 | $74,580 |
| Median Age | 31.27 | 38.9 |
| Residents per Business | 1 to 30 | 10 to 1 |
| Annual Household Expenditures | $9.61 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
In Bakersfield, CA, the estimated average household income in 2023 is $111,406, which is significantly higher than the $66,946 recorded in the 2010 census. This substantial increase in average income suggests a growing market with spending power which could support high-end retail franchises. With this demographic's increased disposable income, luxury goods, designer clothing, and premium home goods franchises could see success.
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The housing market in Bakersfield is also indicative of a thriving real estate sector. With 58.5% of housing units owner-occupied and a median home value of $297,679, there's potential for real estate service franchises specializing in property management, real estate brokerage, and home inspection services.
The automotive industry should also be considered for franchising opportunities in Bakersfield. With 94.1% of housing units occupied and an average of 2.0 vehicles per household, and especially noting that 66.7% of owner-occupied households have vehicles, there is a clear demand for automotive services. Franchises offering vehicle maintenance, repair services, and car washes could capitalize on the 40.3% of households with 2 vehicles available, ensuring a steady stream of clientele.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Bakersfield, California Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 6 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 7 |  | Dickey’s Barbecue Pit | Food Franchises | $100,000 | |
| 8 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 9 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 10 |  | Apricot Lane | Retail Franchises | $80,000 |
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.