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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: Sparks, NV 2024 | ||
Data | Sparks, NV | Nationwide |
---|---|---|
Population | 108.19 thousand | 333.2 million |
Proj. 5 Year Population Growth | 1.7154% | 0.5% |
Median Household Income | $112,857 | $74,580 |
Median Age | 36.64 | 38.9 |
Residents per Business | 1 to 34 | 10 to 1 |
Annual Household Expenditures | $4.53 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
Sparks, Nevada has a significant total household expenditure on food and beverages, amounting to $480.62 million annually. This indicates a strong market for food-related businesses.
Read MoreThe total household expenditure on health care in Sparks is $272.3 million annually. This suggests that there is a demand for health-related services and products. Franchise opportunities in the health care sector, such as fitness centers, could thrive in this market.
The total retail expenditure in Sparks amounts to $1.55 billion annually. This indicates a robust retail market with potential opportunities for various retail franchises. With a median household income projected to increase to $129,074 by 2028, there could be significant purchasing power among residents, supporting retail businesses in the city.
Sparks residents also spend $187.5 million annually on entertainment. This suggests a demand for leisure activities and entertainment options. Franchise opportunities in the entertainment industry, such as cinemas, arcades, or family entertainment centers, could cater to this demand and capitalize on the city's consumer spending habits.
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 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
4 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
5 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
6 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
7 | ![]() | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
8 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
9 | ![]() | Village Idiot Pizza | Food Franchises | $250,000 | |
10 | ![]() | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 |
Is Sparks the Right Place to Launch Your Franchise?
Question:What's the business landscape like in Sparks?
Answer:Sparks is home to 42,626 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 34,486 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Sparks?
Answer:Absolutely. With a median rent of $1,404, franchise owners in Sparks 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 Sparks is $112,857, supporting a stable and engaged customer base.
Question:What makes Sparks a great fit for franchise owners?
Answer:With 43,412 housing units and a strong sense of community, Sparks 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.
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