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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: Port St. Lucie, FL 2024 | ||
Data | Port St. Lucie, FL | Nationwide |
---|---|---|
Population | 237.72 thousand | 333.2 million |
Proj. 5 Year Population Growth | -22.2335% | 0.5% |
Median Household Income | $109,927 | $74,580 |
Median Age | 42.48 | 38.9 |
Residents per Business | 1 to 23 | 10 to 1 |
Annual Household Expenditures | $9.11 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The automotive industry stands out as a prospective franchise avenue. With an estimated 156,677 total vehicles available and an average of 1.8 vehicles per household, there's a substantial market for automotive services. Furthermore, 43.2% of households have 2 vehicles available, indicating a high rate of vehicle ownership which could sustain businesses such as car maintenance, repair shops, and car wash franchises. The data suggests a significant portion of the population relies on personal transportation, with 81.6% driving to work alone, which underscores the continuous need for automotive services.
Read MoreThe home services industry is another sector with high potential, given the structure of housing and the demographics of the city. With 83.3% of housing units being detached units and a high owner-occupied median home value of $276,308, there is a clear indication of a homeowner market with income that could be directed towards home improvement and maintenance services. Home services franchises that focus on landscaping, cleaning, renovation, or home care could find a ready market here, more so considering the historical annual growth in housing units (2020-2023) of 11,389 units.
Lastly, education-related franchises might find fertile ground in Port St. Lucie. The data shows a total annual consumer expenditure on education of $168.01 million, which indicates a community valuing educational development. This, coupled with a significant number of households with children (15% with 3 persons and 13.8% with 4 persons), suggests a demand for educational services which could range from tutoring centers to educational material suppliers and child development programs.
Port St. Lucie presents a unique opportunity for franchise owners, with 90,365 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 $4.78 billion, reflecting steady consumer demand, while an average household income of $109,927 supports local spending. Additionally, the area's affordability—including a median rent of $1,290—reflects an accessible market, making Port St. Lucie an attractive option for new franchises looking to grow with strong community support.
With 82,526 housing units and a strong sense of community, Port St. Lucie 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.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Zoomin Groomin | Pet Franchises | $90,000 | |
2 | ![]() | Healthy YOU Vending | Vending Franchises | $25,000 | |
3 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
4 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
5 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
6 | ![]() | Health Atlast | Health & Fitness Franchises | $300,000 | |
7 | ![]() | American Business Systems, LLC | Financial Franchises | $30,000 | |
8 | ![]() | Fleet Services International | Automotive | $100,000 | |
9 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
10 | ![]() | Jeff's Bagel Run | Food | $500,000 |
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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