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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: Long Beach, CA 2024 | ||
Data | Long Beach, CA | Nationwide |
---|---|---|
Population | 454.77 thousand | 333.2 million |
Proj. 5 Year Population Growth | 3.8676% | 0.5% |
Median Household Income | $118,224 | $74,580 |
Median Age | 36.81 | 38.9 |
Residents per Business | 1 to 28 | 10 to 1 |
Annual Household Expenditures | $18.67 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The automotive industry stands out as a strong candidate in Long Beach, CA. With a total of 287,280 vehicles available and an average of 1.7 vehicles per household, there's a substantial market for automotive services. Moreover, the data indicates that 18.8% of households have 3 or more vehicles available, suggesting a higher demand for maintenance, repair, and other automotive services. Franchises that provide automotive care could see robust business in Long Beach.
Read MoreThe health and fitness industry also appears to be a lucrative sector. The estimated total consumer expenditure on health care in 2023 was $1.09 billion. Franchises that offer fitness classes, wellness programs, and health-related products could capitalize on this spending.
Home services franchises have a promising outlook as well, particularly those specializing in remodeling and repair. The data shows a significant number of homes built before 1969 (30.9%), which may require updates, energy efficiency improvements, or renovations. Coupled with the high owner-occupied median home value of $668,066, residents are likely to invest in maintaining and enhancing their properties, making this an opportune market for home service businesses.
Lastly, the food industry is another sector worth considering. Long Beach's total annual consumer expenditure on food and beverages was $1.95 billion in 2023, which underscores the potential for food-related franchises.
Long Beach presents a unique opportunity for franchise owners, with 170,372 businesses serving the local community. With fewer businesses compared to larger markets, franchise owners can benefit from less direct competition while still tapping into a steady local economy.
Annual retail expenditures total $8.81 billion, reflecting steady consumer demand, while an average household income of $118,224 supports local spending. Additionally, the area's affordability—including a median rent of $1,625—reflects an accessible market, making Long Beach an attractive option for new franchises looking to grow with strong community support.
With 179,480 housing units and a strong sense of community, Long Beach offers a business-friendly environment where franchises can build lasting customer relationships and long-term stability.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Zoomin Groomin | Pet Franchises | $90,000 | |
2 | ![]() | SiteSwan Website Builder | Business Opportunities | $199 | |
3 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
4 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
5 | ![]() | Health Atlast | Health & Fitness Franchises | $300,000 | |
6 | ![]() | BrightStar Care | Senior Care Franchises | $100,000 | |
7 | ![]() | Healthy YOU Vending | Vending Franchises | $25,000 | |
8 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
9 | ![]() | Decorating Den Interiors | Home Services & Repair Franchises | $50,000 | |
10 | ![]() | GarageExperts | Home Related | $60,000 |
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.
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