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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 Cumming, Georgia | ||
| Data | Cumming, GA | Nationwide |
|---|---|---|
| Population | 7.97 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -8.874% | 0.5% |
| Median Household Income | $95,099 | $74,580 |
| Median Age | 40.41 | 38.9 |
| Residents per Business | 1 to 5 | 10 to 1 |
| Annual Household Expenditures | $198.34 million | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Considering the data for Cumming, Georgia, we can identify several franchise industries that are well-suited to the local market.
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The food industry stands out as a significant opportunity for franchise growth. With an estimated average household income of $95,099 in 2023 and a projected increase in the number of households from 2,926 in 2023 to 3,292 by 2028, there is a clear indication of a growing market with spending power. Furthermore, the total annual consumer expenditure on food and beverages is a robust $28.88 million annually. A franchise that offers fast-casual dining or specialty food services could meet the demands of a community that values convenience and quality, potentially tapping into the monthly food and beverage expenditure of $822 per household.
Home services is another promising sector for franchising in Cumming, GA. With a substantial owner-occupied median home value of $373,376 and a high percentage of homes built from 2000 onwards (33.7%), there's an established market for home maintenance, renovation, and landscaping services.
Lastly, the automotive industry presents an opportunity for franchising. The average vehicles per household are 1.9, with 81.4% of vehicles belonging to owner-occupied households. This points to a need for automotive services like repair, maintenance, and car washes. Given the 2.5% projected annual growth in households between 2023-2028, the demand for such services is expected to increase.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Cumming, Georgia Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 2 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 3 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 4 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 5 |  | Ledgers | Financial Franchises | $50,000 | |
| 6 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 7 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 8 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 9 |  | Automated Investments | Business Opportunities | $100,000 | |
| 10 |  | PJ's Coffee of New Orleans | Food Franchises | $150,000 |
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