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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: Parsippany-Troy Hills, NJ 2024 | ||
| Data | Parsippany-Troy Hills, NJ | Nationwide |
|---|---|---|
| Population | 22.61 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.9618% | 0.5% |
| Median Household Income | $147,486 | $74,580 |
| Median Age | 38.63 | 38.9 |
| Residents per Business | 1 to 15 | 10 to 1 |
| Annual Household Expenditures | $1.11 billion | $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.
Parsippany-Troy Hills, New Jersey Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 4 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 5 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 6 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 7 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 8 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 9 |  | Jeff's Bagel Run | Food | $500,000 | |
| 10 |  | Zoom Room | Pet Franchises | $200,000 |
Is Parsippany-Troy Hills Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Parsippany-Troy Hills?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Parsippany-Troy Hills?
- How financially stable is the community?
- What makes Parsippany-Troy Hills a great fit for franchise owners?
Question:What's the business landscape like in Parsippany-Troy Hills?
Answer:Parsippany-Troy Hills is home to 8,969 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 29,578 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Parsippany-Troy Hills?
Answer:Absolutely. With a median rent of $1,591, franchise owners in Parsippany-Troy Hills 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 Parsippany-Troy Hills is $147,486, supporting a stable and engaged customer base.
Question:What makes Parsippany-Troy Hills a great fit for franchise owners?
Answer:With 9,208 housing units and a strong sense of community, Parsippany-Troy Hills 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.