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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: Fresno, CA 2024 | ||
Data | Fresno, CA | Nationwide |
---|---|---|
Population | 546.71 thousand | 333.2 million |
Proj. 5 Year Population Growth | 0.8837% | 0.5% |
Median Household Income | $96,556 | $74,580 |
Median Age | 31.84 | 38.9 |
Residents per Business | 1 to 27 | 10 to 1 |
Annual Household Expenditures | $17.85 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The automotive industry stands out as a promising franchise sector in Fresno. With an estimated 322,232 total vehicles available and the majority of households having access to one or more vehicles (35.8% with two vehicles and 22.9% with three or more), there's a clear demand for automotive services. Automotive franchises that offer quick, reliable, and cost-effective solutions could find a ripe market in Fresno, especially considering the owner-occupied households average 2.2 vehicles, indicating a potentially higher investment in vehicle care.
Read MoreThe health and fitness industry also presents a considerable opportunity in Fresno. With an estimated per capita income of $32,548 in 2023 and an average household income of $100,705, there's likely discretionary spending available for health and wellness services. Franchises that provide tailored fitness programs, dietary planning, and wellness services could tap into Fresno's consumer base that values health and fitness, as evidenced by the $1.02 billion spent on health care in 2023.
Lastly, the food industry remains a promising franchise arena, given the $1.82 billion spent on food and beverages in Fresno in 2023. The relatively high percentage of expenditures on food, coupled with the historical annual change in average household income (5.1% from 2000-2023), indicates that there's both a need and a financial capacity for dining out. Fast-casual dining, specialty cuisine, and health-focused food franchises could appeal to Fresno's growing population, offering convenience and variety in a city where household spending on food is significant.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
2 | CR3 American Exteriors | Home Services & Repair Franchises | $75,000 | ||
3 | BrightStar Care | Senior Care Franchises | $100,000 | ||
4 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
5 | SiteSwan Website Builder | Business Opportunities | $199 | ||
6 | Zoomin Groomin | Pet Franchises | $90,000 | ||
7 | Batteries Plus | Retail Franchises | $100,000 | ||
8 | Mr. Appliance | Home Services & Repair Franchises | $85,000 | ||
9 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
10 | Purchase A Franchise Using Your Retirement Plan | Financial Franchises | $30,000 |
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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