Please Confirm
Are you sure you wish to REMOVE from your request basket?
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: Columbus, OH 2024 | ||
| Data | Columbus, OH | Nationwide |
|---|---|---|
| Population | 914.37 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -0.801% | 0.5% |
| Median Household Income | $97,484 | $74,580 |
| Median Age | 32.5 | 38.9 |
| Residents per Business | 1 to 28 | 10 to 1 |
| Annual Household Expenditures | $35.58 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Situated in the heart of Ohio, Columbus is not only the state capital but also a hub of economic and cultural activity. Columbus is a buzzing metropolis that boasts a median age of 32.82, indicative of a young and vibrant community, nurtured by its status as a college town.
Read More
The consumer expenditure data for Columbus unveils a telling narrative. The total annual consumer expenditure within 5 miles of the city's center amounts to $9.61 billion. A significant chunk of this expenditure is funneled into essentials such as food and beverages, with spending in this sector amounting to $1.41 billion, shelter, with an expenditure of $2.05 billion, and transportation, where spending reaches $1.73 billion. Additionally, other notable sectors like health care and entertainment see substantial expenditures, with amounts of $799.66 million and $541.66 million respectively. This balanced consumer spending behavior in Columbus caters to both necessities and lifestyle choices, indicating a ripe market for franchises in the food and beverages, health care, and entertainment sectors.
Additionally, the housing data reflects a considerable number of renter-occupied units (54.4%). The high rate of renting suggests a transient or mobile population that may not be invested in long-term home maintenance but requires reliable home services for repairs, cleaning, and other maintenance tasks. Home services franchises can cater to this market by providing convenient and trustworthy solutions, making Columbus an ideal location for franchising ventures.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Columbus, Ohio Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 4 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 5 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 8 |  | Poolwerx | Home Services & Repair Franchises | $80,000 | |
| 9 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 10 |  | Glass Doctor | Auto Franchises | $50,000 |
Is Columbus Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Columbus?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Columbus?
- How financially stable is the community?
- What makes Columbus a great fit for franchise owners?
Question:What's the business landscape like in Columbus?
Answer:Columbus is home to 394,364 businesses, meaning franchise owners can enter a market with less direct competition and a more localized customer base.
Question:Is there a reliable workforce for my franchise?
Answer:Yes! The city has 392,372 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Columbus?
Answer:Absolutely. With a median rent of $999, franchise owners in Columbus can benefit from lower real estate costs, making it easier to secure commercial space.
Question:How financially stable is the community?
Answer:The average household income in Columbus is $97,484, supporting a stable and engaged customer base.
Question:What makes Columbus a great fit for franchise owners?
Answer:With 414,052 housing units and a strong sense of community, Columbus provides a stable market where franchises can establish long-term success.
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.