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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: Medford Lakes, NJ 2024 | ||
| Data | Medford Lakes, NJ | Nationwide |
|---|---|---|
| Population | 4.2 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -2.8394% | 0.5% |
| Median Household Income | $182,124 | $74,580 |
| Median Age | 43.89 | 38.9 |
| Residents per Business | 1 to 52 | 10 to 1 |
| Annual Household Expenditures | $224.52 million | $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.
Medford Lakes, New Jersey Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 2 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 3 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 4 |  | Automated Investments | Business Opportunities | $100,000 | |
| 5 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 6 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 7 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 8 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 9 |  | Zoom Room | Pet Franchises | $200,000 | |
| 10 |  | SiteSwan Website Builder | Business Opportunities | $199 |
Is Medford Lakes Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Medford Lakes?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Medford Lakes?
- How financially stable is the community?
- What makes Medford Lakes a great fit for franchise owners?
Question:What's the business landscape like in Medford Lakes?
Answer:Medford Lakes is home to 1,542 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 752 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Medford Lakes?
Answer:Absolutely. With a median rent of $1,291, franchise owners in Medford Lakes 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 Medford Lakes is $182,124, supporting a stable and engaged customer base.
Question:What makes Medford Lakes a great fit for franchise owners?
Answer:With 1,574 housing units and a strong sense of community, Medford Lakes 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.