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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 Pittsburgh, Pennsylvania | ||
Data | Pittsburgh, PA | Nationwide |
---|---|---|
Population | 309.15 thousand | 333.2 million |
Proj. 5 Year Population Growth | 3.3062% | 0.5% |
Median Household Income | $98,236 | $74,580 |
Median Age | 34.5 | 38.9 |
Residents per Business | 1 to 21 | 10 to 1 |
Annual Household Expenditures | $9.89 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
For Pittsburgh, PA, the automotive industry presents a strong franchise opportunity. Within a 5 mile radius of the city’s center, the data shows an average of 1.3 vehicles per household and only 16.9% of households without a vehicle. This indicates a considerable market for automotive services. Franchises that specialize in vehicle maintenance, repair shops, tire services, or even car-sharing services could meet the needs of vehicle owners as well as those who may opt for occasional vehicle use instead of ownership. Additionally, with a $2.32 billion transportation expenditure in 2023, there's a clear indication of the community's willingness to invest in their transportation needs.
Read MoreFood and beverage franchises would also likely find a welcoming consumer base in Pittsburgh. The total annual expenditure on food and beverages in 2023 was quite significant at $1.89 billion, with monthly household expenditures amounting to $864. This points to a thriving market for grocery franchises, restaurants, and specialty food shops. Given the current spending, there's a clear demand for both eating out and purchasing food for home consumption.
Pittsburgh's corporate landscape is robust, with 18,567 total businesses and a significant number of company headquarters (5.1% of total businesses). This suggests a ripe environment for business services franchises. The presence of company headquarters is particularly indicative of a need for professional services such as printing and shipping, marketing, staffing, and office cleaning. The workforce's shift towards remote work, with 30% working from home, opens opportunities for home-based franchises or businesses that provide home office setup services, virtual administrative assistance, and IT support.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | ||
4 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
5 | Automated Investments | Business Opportunities | $100,000 | ||
6 | American Business Systems, LLC | Financial Franchises | $30,000 | ||
7 | SiteSwan Website Builder | Business Opportunities | $149 | ||
8 | ClaimTek Systems | Financial Franchises | $20,000 | ||
9 | Ledgers | Financial Franchises | $50,000 | ||
10 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 |
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.
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