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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: Reno, NV 2024 | ||
| Data | Reno, NV | Nationwide |
|---|---|---|
| Population | 272.85 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -0.7769% | 0.5% |
| Median Household Income | $114,037 | $74,580 |
| Median Age | 36.54 | 38.9 |
| Residents per Business | 1 to 24 | 10 to 1 |
| Annual Household Expenditures | $11.95 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The automotive industry could be a lucrative venture in Reno, NV. With 208,699 total vehicles available and an average of 1.8 vehicles per household, there is a significant market for automotive services. Notably, 66.3% of vehicles are associated with owner-occupied households, which may indicate a tendency for maintenance and investment in vehicle care. Moreover, the data shows 35.3% of households have only one vehicle available, which could suggest a need for reliable automotive services to keep these crucial vehicles in good condition.
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Home services is another sector with potential in Reno. The median age of homes in Reno is 37.4 years, which implies a substantial number of homes may require maintenance, upgrades, or renovations. Additionally, with an owner-occupied median home value of $459,913, there appears to be a significant investment in housing which homeowners will likely want to maintain or increase in value.
Lastly, the food industry could be considered a strong contender. Reno's residents spend $1.33 billion annually on food and beverages. With an estimated average household income of $118,320 and a per capita income of $49,427, it is clear there is disposable income that could be directed towards dining out or specialty food services.
Reno presents a unique opportunity for franchise owners, with 115,970 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 $5.87 billion, reflecting steady consumer demand, while an average household income of $114,037 supports local spending. Additionally, the area's affordability—including a median rent of $1,350—reflects an accessible market, making Reno an attractive option for new franchises looking to grow with strong community support.
With 116,292 housing units and a strong sense of community, Reno 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.
Reno, Nevada Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 2 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 3 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 4 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 5 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 6 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 7 |  | CRAVE Hot Dogs and BBQ | Food Franchises | $70,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 10 |  | Minuteman Press International | Printing, Copying, Shipping, Signs 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.