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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: Cincinnati, OH 2024 | ||
| Data | Cincinnati, OH | Nationwide |
|---|---|---|
| Population | 314.69 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -0.9306% | 0.5% |
| Median Household Income | $91,326 | $74,580 |
| Median Age | 32.25 | 38.9 |
| Residents per Business | 1 to 24 | 10 to 1 |
| Annual Household Expenditures | $12.18 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Within a 5-mile radius of Cincinnati, OH, there are over 13,875 businesses. Notably, 537 of these businesses serve as company headquarters, contributing significantly to the region's economic vibrancy. This is an attractive prospect for business services franchising, as the presence of numerous businesses and headquarters indicates a robust market for services such as consulting, marketing, and more.
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The retail sector also thrives in this vicinity. The area's total retail expenditure in 2023 amounted to $4.43 billion, indicating a strong consumer market. With an average monthly household consumer expenditure of $2,635, a significant portion of spending goes into retail purchases. This presents an excellent chance for retail franchises to tap into a prosperous market with a high consumer spending capacity.
Healthcare and medical services play a crucial role in the community's well-being. The local healthcare industry not only supports the physical health of the population but also contributes to the area's economic vitality. With a total healthcare expenditure of $782.61 million, health franchises have a strong foundation to provide essential services and contribute to both health and economic growth.
The real estate and housing market are also noteworthy in this region. The total housing units in 2023 stood at 158,336, with an annual growth of 4,638 units from 2020 to 2023. This housing market data is vital for real estate franchises, indicating a growing demand for housing solutions.
Cincinnati presents a unique opportunity for franchise owners, with 142,669 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 $5.98 billion, reflecting steady consumer demand, while an average household income of $91,326 supports local spending. Additionally, the area's affordability—including a median rent of $792—reflects an accessible market, making Cincinnati an attractive option for new franchises looking to grow with strong community support.
With 155,245 housing units and a strong sense of community, Cincinnati 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.
Cincinnati, Ohio Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 2 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 3 |  | Automated Investments | Business Opportunities | $100,000 | |
| 4 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 5 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 6 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 7 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 8 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 9 |  | Modern Day Cannabis | Health & Fitness Franchises | $150,000 | |
| 10 |  | My Business Venture | Computer & Internet Franchises | $10,000 |
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.