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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 Oakland, California | ||
| Data | Oakland, CA | Nationwide |
|---|---|---|
| Population | 430.19 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 2.6452% | 0.5% |
| Median Household Income | $154,307 | $74,580 |
| Median Age | 38.41 | 38.9 |
| Residents per Business | 1 to 24 | 10 to 1 |
| Annual Household Expenditures | $16.61 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The estimated average household income in 2023 in Oakland, CA is $154,307 with a projected increase to $168,868 by 2028, suggesting a consumer base with disposable income for health and wellness services. With an annual expenditure on health care at $1.31 billion, there is a clear demand for services that contribute to a healthy lifestyle. Franchises that offer gym memberships, wellness programs, or specialized fitness classes could tap into Oakland's health-conscious market.
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Oakland's annual expenditure on food and beverages is substantial, amounting to $2.38 billion. Given the city's population density of 5,517 people per square mile, food franchise opportunities such as quick-service restaurants, cafes, and specialty food shops could be lucrative. The data shows that there are 170,955 households in Oakland, with a high percentage of smaller household sizes, which often translates to increased dining out or on-the-go meal solutions.
With a high percentage of home values exceeding $1 million (42.7%) and a median home value close to a million dollars, the real estate market in Oakland appears robust. A franchise specializing in real estate services could capitalize on the high-value property transactions in the area. The growing market could benefit from real estate brokerage franchises, property management services, or home inspection businesses.
There are 261,758 total vehicles available in Oakland, with an average of 1.5 vehicles per household. Given that only 13.2% of households have no vehicles and 41.7% have one, there is a potential market for automotive services that cater to households that may require vehicle maintenance, repair, or even car-sharing services. Franchises offering automotive repair, maintenance, or part sales could find a ready market.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Oakland, California Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 2 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 7 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 8 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 9 |  | Dickey’s Barbecue Pit | Food Franchises | $100,000 | |
| 10 |  | Zoomin Groomin | Pet Franchises | $90,000 |
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