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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 Bloomsburg, Pennsylvania | ||
| Data | Bloomsburg, PA | Nationwide |
|---|---|---|
| Population | 12.73 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.1634% | 0.5% |
| Median Household Income | $69,035 | $74,580 |
| Median Age | 22.54 | 38.9 |
| Residents per Business | 1 to 30 | 10 to 1 |
| Annual Household Expenditures | $247.28 million | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Home services presents a promising opportunity in Bloomsburg, PA, considering the high percentage of owner-occupied homes (59.4%) and the median home value of $157,201. Franchises that offer home improvement, maintenance, and repair services could find a ready market in Bloomsburg. This is supported by the fact that the median age of homes is nearly 66 years, indicating potential for renovations and upkeep.
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The food industry could be another strong candidate for franchising in Bloomsburg. With the total annual food and beverage expenditure at $36.74 million, a food franchise could cater to the residents' dining preferences. The town’s spending in this category suggests that there is a healthy demand for dining options.
Given that 41.7% of households consist of a single person and there is a significant proportion of rental properties (40.6%), there could be an opening for cleaning services. Busy professionals and the elderly population may seek out reliable cleaning services, which a franchise could provide efficiently.
Franchisees should also consider the large portion of the workforce that works within a 15-minute commute (44.4%), which may indicate a preference for local services and amenities. Additionally, the presence of 429 businesses with 5,772 employees points to a community that supports local enterprises, which is a good sign for any new franchise.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Bloomsburg, Pennsylvania Franchise Opportunities (and Businesses for Sale)
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