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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 Englewood, Colorado | ||
Data | Englewood, CO | Nationwide |
---|---|---|
Population | 34.32 thousand | 333.2 million |
Proj. 5 Year Population Growth | -3.1402% | 0.5% |
Median Household Income | $117,164 | $74,580 |
Median Age | 37.89 | 38.9 |
Residents per Business | 1 to 13 | 10 to 1 |
Annual Household Expenditures | $1.33 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
In Englewood, Colorado, the home improvement sector shows significant potential for growth, particularly due to the specific age of the housing stock. With 16.2% of homes built in the 1970s within a 5 mile radius of Englewood, there is a clear market for renovations and modernizations tailored to these properties. The annual shelter expenditure in Englewood, a substantial $3.21 billion spent on housing, underscores the willingness of homeowners to invest in their properties. This financial commitment to housing indicates a strong market for home improvement services, from major renovations to more minor home maintenance tasks.
Read MoreThe food service industry is poised to capitalize on Englewood’s high annual expenditure on food and beverages, amounting to over $2.18 billion in 2023, coupled with a median household income of $104,336. This suggests a community with the financial means and inclination to spend on dining. Franchises that offer unique dining experiences, from upscale fast-casual restaurants to specialty food stores and gourmet delivery services, are well-positioned to tap into this market.
In the automotive sector, the emphasis on personal vehicle usage is critical, highlighted by the fact that 57.5% of workers commute alone by car, and the average household has 1.7 vehicles. This reliance on personal transportation is further underlined by the substantial $2.71 billion annual expenditure on transportation. This expenditure reflects a significant investment in vehicle maintenance and usage, suggesting a robust demand for automotive services. Franchises offering a range of automotive solutions, from maintenance and repair to specialized care, are likely to find a receptive market in Englewood.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
5 | Ledgers | Financial Franchises | $50,000 | ||
6 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
7 | FranDestiny | Business Services Franchises | $150,000 | ||
8 | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | ||
9 | American Business Systems, LLC | Financial Franchises | $30,000 | ||
10 | ClaimTek Systems | Financial Franchises | $20,000 |
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