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 for Danbury, Connecticut | ||
| Data | Danbury, CT | Nationwide |
|---|---|---|
| Population | 86.04 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.6425% | 0.5% |
| Median Household Income | $128,073 | $74,580 |
| Median Age | 36.78 | 38.9 |
| Residents per Business | 1 to 12 | 10 to 1 |
| Annual Household Expenditures | $2.75 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The average household income in Danbury, CT is estimated at $128,073 in 2023, with a projected increase to $137,595 by 2028. This indicates a community with spending power, which is a positive indicator for the franchise industry.
Read More
With an estimated 32,698 households in 2023 and a homeowner percentage of 62.4%, there's a clear prevalence of homeownership in the city. This environment is conducive to home services franchises, especially those offering renovation, landscaping, and maintenance services. Given the median home value of $357,706, franchises that offer services appealing to middle and upper-middle-class homeowners could find a receptive market in Danbury.
The transportation data indicates that 19.4% of the workforce in Danbury works from home, which is quite significant. This emerging trend suggests there is a growing market for home-based businesses. Franchises that offer services such as home-office setup, organization, and IT support could capitalize on this trend.
The educational expenditure in Danbury suggests that there's a commitment to learning and development within the community. With $94.32 million projected to be spent on education, franchises in the education sector, such as tutoring services or educational centers, could fill a niche.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Danbury, Connecticut Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 2 |  | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Automated Investments | Business Opportunities | $100,000 | |
| 5 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 6 |  | Ledgers | Financial Franchises | $50,000 | |
| 7 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 8 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 9 |  | ClaimTek Systems | Financial Franchises | $20,000 | |
| 10 |  | FranDestiny | Business Services Franchises | $150,000 |
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.