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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: Spring Hill, FL 2024 | ||
Data | Spring Hill, FL | Nationwide |
---|---|---|
Population | 119.99 thousand | 333.2 million |
Proj. 5 Year Population Growth | -11.7498% | 0.5% |
Median Household Income | $90,082 | $74,580 |
Median Age | 42.68 | 38.9 |
Residents per Business | 1 to 26 | 10 to 1 |
Annual Household Expenditures | $4.16 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The automotive industry in Spring Hill, FL appears promising considering the data showing 41.2% of households have 2 vehicles available and another 17.7% have 3 or more vehicles. These statistics suggest a strong market for car maintenance and repair services. A franchise that offers automotive services could capitalize on the steady growth in household numbers, which are expected to reach 52,212 by 2028, a 2.8% projected annual growth from 2023.
Read MoreThe health and fitness industry is another sector to consider in Spring Hill. With the total annual health care consumer expenditure at $256.23 million and personal care at $39.45 million, there is a demonstrated spending power in health-related services. A franchise that combines fitness with wellness programs could meet this demand.
The food industry could be lucrative in Spring Hill, given the $434.67 million spent annually on food and beverages. With 77.1% of the worker base driving to work alone, quick-service restaurants offering breakfast and coffee could target these commuters. Additionally, with 10% of workers working from home, there's an opportunity for franchises that offer delivery or takeout services, catering to those who may prefer dining at home.
Spring Hill presents a unique opportunity for franchise owners, with 46,915 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 $2.24 billion, reflecting steady consumer demand, while an average household income of $90,082 supports local spending. Additionally, the area's affordability—including a median rent of $1,045—reflects an accessible market, making Spring Hill an attractive option for new franchises looking to grow with strong community support.
With 47,522 housing units and a strong sense of community, Spring Hill 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 | ![]() | American Business Systems, LLC | Financial Franchises | $30,000 | |
2 | ![]() | Zoomin Groomin | Pet Franchises | $90,000 | |
3 | ![]() | Health Atlast | Health & Fitness Franchises | $300,000 | |
4 | ![]() | Healthy YOU Vending | Vending Franchises | $25,000 | |
5 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
6 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
7 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
8 | ![]() | Zoom Room | Pet Franchises | $200,000 | |
9 | ![]() | Fleet Services International | Automotive | $100,000 | |
10 | ![]() | Jeff's Bagel Run | Food | $500,000 |
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