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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: Fremont, CA 2024 | ||
Data | Fremont, CA | Nationwide |
---|---|---|
Population | 222.29 thousand | 333.2 million |
Proj. 5 Year Population Growth | 0.9824% | 0.5% |
Median Household Income | $228,418 | $74,580 |
Median Age | 38.42 | 38.9 |
Residents per Business | 1 to 25 | 10 to 1 |
Annual Household Expenditures | $12.14 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The estimated average household income in Fremont, CA for 2023 stands at $227,665 with a projected increase to $247,538 by 2028. This high and increasing income level suggests that there is purchasing power in the community for quality goods and services. Thus, a franchise in the health and fitness industry could be a strong prospect. Gyms, personal training, and wellness centers are likely to find a receptive market in an area where households have the means to spend on health and wellness services. Additionally, with an estimated 42.9% of the workforce working from home, services that cater to home fitness solutions could also be quite popular.
Read MoreThe housing data in Fremont reveals a significant majority of owner-occupied housing units, with 54.8% being owner-occupied and a median home value of $1.14 million. This suggests a stable residential community with a vested interest in home maintenance and improvement. Consequently, home services franchises, offering anything from landscaping and gardening to home renovations and repairs, could tap into the market of homeowners interested in enhancing their property values and maintaining their homes.
Lastly, the significant amount spent annually in Fremont on food and beverages, at $1.44 billion, highlights the potential for a food franchise. Considering the trend of high income and the propensity to spend on dining, upscale or specialty food franchises that offer unique dining experiences or high-quality takeaway options could thrive.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | BrightStar Care | Senior Care Franchises | $100,000 | ||
3 | CR3 American Exteriors | Home Services & Repair Franchises | $75,000 | ||
4 | Zoomin Groomin | Pet Franchises | $90,000 | ||
5 | Batteries Plus | Retail Franchises | $100,000 | ||
6 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
7 | SiteSwan Website Builder | Business Opportunities | $199 | ||
8 | Mr. Appliance | Home Services & Repair Franchises | $85,000 | ||
9 | Blue Coast Savings Consultants | Financial Franchises | $70,000 | ||
10 | Modern Day Cannabis | Health & Fitness 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.
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