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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: Bradenton, FL 2024 | ||
| Data | Bradenton, FL | Nationwide |
|---|---|---|
| Population | 56.53 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -8.6437% | 0.5% |
| Median Household Income | $87,067 | $74,580 |
| Median Age | 45.67 | 38.9 |
| Residents per Business | 1 to 17 | 10 to 1 |
| Annual Household Expenditures | $2.16 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Bradenton, FL shows promise for various franchise industries. With an estimated population of 56,491 in 2023 and a projected growth to 64,055 by 2028, a 2.7% increase, the area is on an upswing, suggesting increased customer bases for new businesses.
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The first industry to consider is the food franchise sector. Bradenton residents spend $223.93M on food and beverages annually, which is a substantial part of their total consumer expenditure. This demonstrates a strong market potential for food-related franchises. A franchise that offers unique dining experiences or specialized cuisine could capitalize on this spending pattern. Moreover, with a high percentage of households being two-person (36%), smaller, more intimate dining formats could be attractive.
Home services franchises could also find a fertile ground in Bradenton. The housing data indicates a substantial homeowner population with 66.3% of housing units being owner-occupied and a median home value of $248,143. This suggests that there is a market for home improvement, maintenance, and landscaping services. The large percentage of homes built before 1989 (39.5%) also indicates potential demand for renovations and modernizations.
Lastly, the retail franchise sector can't be overlooked, with residents spending $716.1M annually on retail expenditures. The significant percentage of retail (47.1%) in the monthly household expenditure underscores a robust consumer market. Given the high rate of vehicle ownership with 71.1% of vehicles being associated with owner-occupied households, automotive retail franchises that provide accessories, maintenance, and repair services could thrive.
Bradenton presents a unique opportunity for franchise owners, with 25,406 businesses serving the local community. With fewer businesses compared to larger markets, franchise owners can benefit from less direct competition while still tapping into a steady local economy.
Annual retail expenditures total $1.12 billion, reflecting steady consumer demand, while an average household income of $87,067 supports local spending. Additionally, the area's affordability—including a median rent of $1,321—reflects an accessible market, making Bradenton an attractive option for new franchises looking to grow with strong community support.
With 28,144 housing units and a strong sense of community, Bradenton offers a business-friendly environment where franchises can build lasting customer relationships and long-term stability.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Bradenton, Florida Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 2 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 3 |  | Automated Investments | Business Opportunities | $100,000 | |
| 4 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 5 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 6 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 7 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 8 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 9 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 10 |  | Fleet Services International | Automotive | $100,000 |
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