Please Confirm
Are you sure you wish to REMOVE from your request basket?
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 Garland, Texas | ||
| Data | Garland, TX | Nationwide |
|---|---|---|
| Population | 241.81 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -3.1244% | 0.5% |
| Median Household Income | $106,814 | $74,580 |
| Median Age | 34.79 | 38.9 |
| Residents per Business | 1 to 28 | 10 to 1 |
| Annual Household Expenditures | $5.85 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The transportation data in Garland, TX indicates that 68.4% of the workforce drives to work alone, and a significant portion of households own multiple vehicles (36.6% have 2 vehicles available, and 22.9% have 3 or more). This opens up opportunities for automotive franchises, especially those offering services like maintenance, repair, and car washes, which would be convenient for the large number of vehicle owners. Additionally, Garland's relatively high net worth ($424,175 estimated average household net worth in 2023) suggests that luxury automotive services could also be well-received.
Read More
Considering the household expenditures, Garland residents seem to prioritize food and beverages, with an annual expenditure of $864.38 million in this category. A food franchise that caters to the preferences of the local population, possibly focusing on healthier options or specialty cuisines, could capitalize on this spending trend.
Lastly, the education expenditure stands at $179.61 million, indicating a focus on learning and development within the community. An education franchise, such as a tutoring center or an educational materials supplier, could leverage this emphasis on educational investment. The presence of diverse households, including a considerable number of families with children (18.2% 3-person households and 15.8% 4-person households), suggests a stable market for educational services catering to a range of ages and academic needs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Garland, Texas Franchise Opportunities (and Businesses for Sale)
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.