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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: Gem Lake, MN 2024 | ||
| Data | Gem Lake, MN | Nationwide |
|---|---|---|
| Population | 504 | 333.2 million |
| Proj. 5 Year Population Growth | 2.2066% | 0.5% |
| Median Household Income | $212,559 | $74,580 |
| Median Age | 48.76 | 38.9 |
| Residents per Business | 1 to 9 | 10 to 1 |
| Annual Household Expenditures | $27.83 million | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Explore the franchise listings below and take the first step towards a rewarding business venture.
Gem Lake, Minnesota Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 2 |  | Fleet Services International | Auto Franchises | $100,000 | |
| 3 |  | Automated Investments | Business Opportunities | $100,000 | |
| 4 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 5 |  | Zoom Room | Pet Franchises | $200,000 | |
| 6 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 7 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 8 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 9 |  | Afficient Academy | Child Related Franchises | $80,000 | |
| 10 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 |
Is Gem Lake Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Gem Lake?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Gem Lake?
- How financially stable is the community?
- What makes Gem Lake a great fit for franchise owners?
Question:What's the business landscape like in Gem Lake?
Answer:Gem Lake is home to 184 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 634 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Gem Lake?
Answer:Absolutely. With a median rent of $1,297, franchise owners in Gem Lake 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 Gem Lake is $212,559, supporting a stable and engaged customer base.
Question:What makes Gem Lake a great fit for franchise owners?
Answer:With 201 housing units and a strong sense of community, Gem Lake 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.