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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 Fayetteville, North Carolina | ||
| Data | Fayetteville, NC | Nationwide |
|---|---|---|
| Population | 211.04 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 0.3051% | 0.5% |
| Median Household Income | $80,067 | $74,580 |
| Median Age | 30.27 | 38.9 |
| Residents per Business | 1 to 24 | 10 to 1 |
| Annual Household Expenditures | $4.93 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The food and beverage industry seems promising in Fayetteville, NC, given the total annual consumer expenditure of $732.04 million in this category. With an average monthly household expenditure on food and beverages of $744, there is a clear demand for food-related services. Considering the high vehicle ownership with 60.7% of owner-occupied households having two or more vehicles and an average of 1.7 vehicles per household, drive-through or quick-service food franchises could be particularly successful in this environment.
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The retail sector, with an annual total retail expenditure of $2.32 billion, is another area ripe for franchising opportunities. Particularly, apparel has a substantial expenditure of $173.15 million annually. Retail franchises that offer unique clothing options, or even luxury retail brands, could find a welcoming market in Fayetteville.
Finally, considering the high percentage of households with vehicles and transportation expenditures amounting to $895.82 million annually, automotive services franchises have a clear market opportunity. This is supported by the fact that 77% of the workforce drives to work alone, highlighting the central role of vehicles in residents' daily lives. Automotive franchises offering maintenance, repair, or even car wash services would be meeting a consistent and essential need.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Fayetteville, North Carolina Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 2 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 3 |  | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | |
| 4 |  | Automated Investments | Business Opportunities | $100,000 | |
| 5 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 6 |  | Ledgers | Financial Franchises | $50,000 | |
| 7 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 8 |  | Ace Handyman Services | Home Services & Repair Franchises | $70,000 | |
| 9 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 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.