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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: Hammond, IN 2024 | ||
| Data | Hammond, IN | Nationwide |
|---|---|---|
| Population | 76.71 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 1.5966% | 0.5% |
| Median Household Income | $73,837 | $74,580 |
| Median Age | 35.3 | 38.9 |
| Residents per Business | 1 to 31 | 10 to 1 |
| Annual Household Expenditures | $2.44 billion | $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.
Hammond, Indiana Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 2 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 3 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 7 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 10 |  | Solar Grids | Home Services & Repair Franchises | $50,000 |
Is Hammond Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Hammond?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Hammond?
- How financially stable is the community?
- What makes Hammond a great fit for franchise owners?
Question:What's the business landscape like in Hammond?
Answer:Hammond is home to 29,649 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 27,794 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Hammond?
Answer:Absolutely. With a median rent of $828, franchise owners in Hammond 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 Hammond is $73,837, supporting a stable and engaged customer base.
Question:What makes Hammond a great fit for franchise owners?
Answer:With 31,788 housing units and a strong sense of community, Hammond 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.