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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: Montgomery, AL 2024 | ||
| Data | Montgomery, AL | Nationwide |
|---|---|---|
| Population | 197.31 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 4.4816% | 0.5% |
| Median Household Income | $86,848 | $74,580 |
| Median Age | 35.47 | 38.9 |
| Residents per Business | 1 to 21 | 10 to 1 |
| Annual Household Expenditures | $6.85 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
With an estimated 94,356 total housing units in 2023 and a significant portion of these being owner-occupied (55%), there is a clear demand for home services in Montgomery. The variety of housing ages, with a median age of 44.3 years, suggests a need for maintenance, renovation, and repair services. Furthermore, the distribution of home values, particularly the 9.3% of homes valued between $300,000 and $399,999, indicates a homeowner demographic that may have disposable income for home improvements. This makes the home services industry, which includes landscaping, remodeling, and repair, a viable option for franchising.
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Food and beverages are a significant part of the household expenditure in Montgomery, with $750.36 million spent annually in this category. This demonstrates a substantial market for the food industry, making it a prime sector for franchising opportunities. A franchise that offers unique dining experiences or specialized food services could tap into this existing consumer spending pattern. Given that 33.3% of households are single-person households, there may be a particular interest in fast-casual dining or services that cater to single residents with busy lifestyles.
Considering the high percentage of households with vehicles (85.2% have one or more vehicles available), there is an ongoing need for automotive services. The average number of vehicles per household is 1.7, and with most workers commuting by car (80.6% drive to work alone), franchises in the automotive sector, such as maintenance, repair, and car wash services, would be addressing a clear and present need within the community.
Montgomery presents a unique opportunity for franchise owners, with 81,036 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 $3.54 billion, reflecting steady consumer demand, while an average household income of $86,848 supports local spending. Additionally, the area's affordability—including a median rent of $735—reflects an accessible market, making Montgomery an attractive option for new franchises looking to grow with strong community support.
With 93,864 housing units and a strong sense of community, Montgomery 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.
Montgomery, Alabama Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 4 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 7 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 8 |  | CRAVE Hot Dogs and BBQ | Food Franchises | $70,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 |
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.