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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: Johnson City, TN 2024 | ||
| Data | Johnson City, TN | Nationwide |
|---|---|---|
| Population | 74.71 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -4.737% | 0.5% |
| Median Household Income | $89,577 | $74,580 |
| Median Age | 34.85 | 38.9 |
| Residents per Business | 1 to 20 | 10 to 1 |
| Annual Household Expenditures | $2.78 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The health and fitness industry seems quite promising for Johnson City. With an estimated average household income of $87,638 in 2023 and an estimated average household net worth of $394,629, residents have disposable income that could be spent on health and wellness services. The health care consumer expenditure stands at $165.32 million, indicating an existing market for health-related services. A franchise that offers fitness classes and wellness programs could tap into this consumer spending pattern.
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The automotive industry is another sector to consider. The data shows that the majority of households own at least one vehicle, with 38.2% of households having two vehicles available. This suggests a steady demand for automotive services. The average travel time to work is 16.1 minutes, and 81.2% of the workforce drives to work alone, underscoring the importance of vehicle maintenance for daily commuters. Automotive franchises offering repair services, car washes, or quick oil change services could meet the needs of these vehicle owners.
Home services also appears to be a viable franchise industry in Johnson City. The data reveals a homeowner-occupied rate of 61.7% and a median home value of $220,670. With many homes built before 1989, there could be a demand for home renovation, maintenance, and repair services. Additionally, a monthly shelter expenditure of $1,125 suggests that homeowners are willing to invest in their properties, providing opportunities for home service franchises specializing in remodeling, landscaping, or pest control.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Johnson City, Tennessee Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Building Kidz School | Child Related Franchises | $200,000 | |
| 2 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Proper Ecom Academy | Business Opportunities | $50,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 7 |  | Fleet Services International | Auto Franchises | $100,000 | |
| 8 |  | Wealth Automators | Computer & Internet Franchises | $60,000 | |
| 9 |  | Wings Etc. | Food | $350,000 | |
| 10 |  | E-Commerce Future USA | Business Opportunities | $30,000 |
Is Johnson City the Right Place to Launch Your Franchise?
- What's the business landscape like in Johnson City?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Johnson City?
- How financially stable is the community?
- What makes Johnson City a great fit for franchise owners?
Question:What's the business landscape like in Johnson City?
Answer:Johnson City is home to 32,098 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 46,844 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Johnson City?
Answer:Absolutely. With a median rent of $788, franchise owners in Johnson City 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 Johnson City is $89,577, supporting a stable and engaged customer base.
Question:What makes Johnson City a great fit for franchise owners?
Answer:With 33,079 housing units and a strong sense of community, Johnson City 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.