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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 | ![]() | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
2 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
3 | ![]() | Healthy YOU Vending | Vending Franchises | $25,000 | |
4 | ![]() | Wealth Automators | Computer & Internet Franchises | $100,000 | |
5 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
6 | ![]() | Wonder Family | Business Opportunities | $200,000 | |
7 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
8 | ![]() | ClaimTek Systems | Financial Franchises | $20,000 | |
9 | ![]() | Zoomin Groomin | Pet Franchises | $90,000 | |
10 | ![]() | College Hunks Hauling Junk & Moving | Home Services & Repair Franchises | $50,000 |
Is Fresno the Right Place to Launch Your Franchise?
Question:What's the business landscape like in Fresno?
Answer:Fresno is home to 179,764 businesses, meaning franchise owners can enter a market with less direct competition and a more localized customer base.
Question:Is there a reliable workforce for my franchise?
Answer:Yes! The city has 183,022 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Fresno?
Answer:Absolutely. With a median rent of $1,091, franchise owners in Fresno can benefit from lower real estate costs, making it easier to secure commercial space.
Question:How financially stable is the community?
Answer:The average household income in Fresno is $96,556, supporting a stable and engaged customer base.
Question:What makes Fresno a great fit for franchise owners?
Answer:With 184,111 housing units and a strong sense of community, Fresno provides a stable market where franchises can establish long-term success.
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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