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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 for Kissimmee, Florida | ||
| Data | Kissimmee, FL | Nationwide |
|---|---|---|
| Population | 80.4 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -15.2372% | 0.5% |
| Median Household Income | $61,743 | $74,580 |
| Median Age | 34.53 | 38.9 |
| Residents per Business | 1 to 13 | 10 to 1 |
| Annual Household Expenditures | $1.34 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The data for Kissimmee, FL, indicates several promising avenues for franchise opportunities. Firstly, the food and beverage industry stands out as a strong contender. With a total annual consumer expenditure on food and beverages at $200.92 million and a monthly household expenditure of $627 in this category, there is evident robust spending in this sector. The demographic data shows a projected population growth of 3.3% from 2023 to 2028, which suggests a growing market for new food establishments.
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Health and fitness franchises also present a lucrative opportunity in Kissimmee. With an annual health care expenditure of $115.05 million and monthly personal care spending at $56, the interest in health and well-being is substantial. Coupled with the 4.3% projected growth in households from 2023 to 2028, this indicates an expanding customer base for fitness centers, wellness programs, and health-focused retail outlets.
Home services are another area ripe for franchising. The data shows a high percentage of owner-occupied housing units at 58.7%, with an owner-occupied median home value of $277,550, which is a sign of a stable and invested community. Franchises that offer home improvement, maintenance, and landscaping services could capitalize on the homeowner’s desire to enhance and preserve the value of their properties, especially as the housing units continue to age.
The automotive industry in Kissimmee can also be considered a potential sector for franchising, given that 37% of households have 2 vehicles available, and there is a significant yearly transportation expenditure of $245.14 million. This suggests a demand for automotive services such as maintenance, repair, and car washes, which would support the needs of the vehicle-owning demographic.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Kissimmee, Florida Franchise Opportunities (and Businesses for Sale)
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