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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: Kansas City, MO 2024 | ||
| Data | Kansas City, MO | Nationwide |
|---|---|---|
| Population | 521.03 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -2.3348% | 0.5% |
| Median Household Income | $98,900 | $74,580 |
| Median Age | 34.72 | 38.9 |
| Residents per Business | 1 to 24 | 10 to 1 |
| Annual Household Expenditures | $21.38 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The average household income, within a 5 mile radius of Kansas City, is approximately $77,921, with projections indicating a rise to $84,049 by 2028. This suggests a promising market for franchise industries that cater to households in the Kansas City metropolitan area.
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When looking at the transportation to work data, a majority of workers (66.9%) in Kansas City commute alone by driving, indicating a potential demand for franchise businesses that offer drive-thru or commuter-friendly services. Additionally, with 20.1% of workers working from home, businesses supporting remote work, such as co-working spaces or tech-related services, could also thrive in the Kansas City market.
In the retail sector, the annual retail expenditure in Kansas City amounts to $2.74 billion, suggesting opportunities for retail franchises, including convenience stores and specialty shops, to cater to Kansas City residents.
Furthermore, Kansas City's substantial expenditure on entertainment, totaling $326.15 million in 2023, suggests that franchises in the entertainment sector, such as cinemas, amusement parks, or event venues, could also be worth exploring as viable options for prospective franchisees looking to invest in the Kansas City market. This significant spending on entertainment reflects a potential audience seeking leisure and entertainment options, making it a promising avenue for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Kansas City, Missouri Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 2 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 5 |  | The Wendy's Company | Food & Restaurant | $500,000 | |
| 6 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 7 |  | Automated Investments | Business Opportunities | $100,000 | |
| 8 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 9 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 10 |  | ClaimTek Systems | Financial Franchises | $20,000 |
Is Kansas City Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Kansas City?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Kansas City?
- How financially stable is the community?
- What makes Kansas City a great fit for franchise owners?
Question:What's the business landscape like in Kansas City?
Answer:Kansas City is home to 227,738 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 268,207 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Kansas City?
Answer:Absolutely. With a median rent of $936, franchise owners in Kansas 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 Kansas City is $98,900, supporting a stable and engaged customer base.
Question:What makes Kansas City a great fit for franchise owners?
Answer:With 241,280 housing units and a strong sense of community, Kansas 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.