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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 Conyers, Georgia | ||
| Data | Conyers, GA | Nationwide |
|---|---|---|
| Population | 18.06 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -10.0374% | 0.5% |
| Median Household Income | $88,846 | $74,580 |
| Median Age | 33.26 | 38.9 |
| Residents per Business | 1 to 7 | 10 to 1 |
| Annual Household Expenditures | $439.17 million | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The automotive industry appears to be a viable option in Conyers, GA. The data shows that there are 11,582 total vehicles available among households in 2023, with an average of 1.7 vehicles per household. Specifically, owner-occupied households have an average of 2.0 vehicles, and 70.9% of all household vehicles are associated with owner-occupied households. This suggests a high ownership and potential demand for vehicle maintenance, repair services, and possibly car washes. Given that 46.9% of households have 1 vehicle available and 32.3% have 2 vehicles available, there is a clear indication that the majority of the population is reliant on personal transportation, which could sustain an automotive franchise.
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The home services industry is another sector to consider. With a significant portion of the population residing in owner-occupied housing units (61.3%), and the median age of homes being 40.6 years, there's a likely need for home improvement and maintenance services. This need is further underscored by the fact that 20% of homes were built between 2000 to 2009, which may now be due for renovations. A franchise specializing in home services such as landscaping, renovation, or repair could find a receptive market in Conyers.
Lastly, considering the retail expenditures, there's a notable amount of annual spending on food and beverages, at $64.96M. This indicates a strong market for food franchises, especially those that offer unique dining experiences or specialty food products. With a total retail expenditure of $207.24M and a considerable portion allocated to food, a new franchise in this sector could tap into the existing consumer spending habits.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Conyers, Georgia Franchise Opportunities (and Businesses for Sale)
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