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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 Mesa, Arizona | ||
| Data | Mesa, AZ | Nationwide |
|---|---|---|
| Population | 518.54 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -8.2445% | 0.5% |
| Median Household Income | $105,097 | $74,580 |
| Median Age | 37.56 | 38.9 |
| Residents per Business | 1 to 26 | 10 to 1 |
| Annual Household Expenditures | $15.1 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
With health care expenditures reaching $1.26 billion in 2023 and a notable median household net worth of $842,013, there is evident potential for health and fitness franchises in Mesa, Arizona. The high net worth and health care spending reflect an awareness and willingness to invest in health, which could translate into a demand for fitness centers, wellness programs, and related retail options offering health products or services.
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The transportation sector in Mesa shows a considerable annual expenditure of $2.75 billion, coupled with 37.8% of households having two vehicles available. This suggests that automotive franchises that offer maintenance, repair services, or car washes could meet the needs of vehicle owners looking to maintain their assets. This is reinforced by the fact that a majority of the workforce drives alone to work (64.2%), indicating a high reliance on personal vehicles.
Lastly, the consumer expenditure on household operations ($597.25 million) and shelter ($3.18 billion) in conjunction with 59.8% of the housing units being detached units, underscores the potential for home services franchises. This sector could include landscaping, pool cleaning, and home improvement services, which are likely to be in demand given the high rate of homeownership and the investments made into maintaining and upgrading private residences.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Mesa, Arizona Franchise Opportunities (and Businesses for Sale)
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