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 Glendale, Arizona | ||
| Data | Glendale, AZ | Nationwide |
|---|---|---|
| Population | 251.14 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -7.0921% | 0.5% |
| Median Household Income | $99,312 | $74,580 |
| Median Age | 34.78 | 38.9 |
| Residents per Business | 1 to 29 | 10 to 1 |
| Annual Household Expenditures | $6.18 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Firstly, the automotive industry stands out as a promising sector in Glendale, AZ. With 37.8% of households having access to two vehicles, there is a clear demand for automotive services. The high percentage (23.6%) of households with 3 or more vehicles available also underscores the potential for automotive maintenance, repair, and servicing franchises.
Read More
Secondly, the home services industry is another sector ripe for franchising. The data shows that most housing units in Glendale are single detached units (62.3%), with a significant portion of homes built between 1970 and 1989, indicating an aging housing stock that may require maintenance, remodeling, and repair services. The owner-occupied median home value is $347,653, suggesting that homeowners may have equity that they can invest in their properties. Furthermore, the projected growth in households and an average household net worth of $744,843 provide a favorable economic backdrop for home service franchises.
Lastly, the food industry is a perennially robust sector for franchising, and Glendale is no exception. The city's annual food and beverage consumer expenditure is significant at $909.93M, suggesting a strong market for food-related franchises. The demographic data reveals a diverse range of family sizes, pointing to the potential for various types of food franchises, from quick-service to family-style restaurants, to cater to different segments of the population.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Glendale, Arizona 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.