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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: St. Petersburg, FL 2024 | ||
| Data | St. Petersburg, FL | Nationwide |
|---|---|---|
| Population | 254.78 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.5717% | 0.5% |
| Median Household Income | $119,950 | $74,580 |
| Median Age | 41.75 | 38.9 |
| Residents per Business | 1 to 14 | 10 to 1 |
| Annual Household Expenditures | $11.81 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The automotive industry appears to be a promising sector for franchising in St. Petersburg, FL, based on the data. With an estimated 118,816 households in 2023 and a vehicle ownership distribution where 44.1% have one vehicle and 36.9% have two vehicles, there's a significant market for automotive services. The presence of 184,788 total vehicles available, averaging 1.6 vehicles per household, suggests a steady demand for maintenance, repair, and parts services.
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Real estate franchises could also capitalize on the market dynamics in St. Petersburg. The median home value for owner-occupied homes is $304,802, and with a homeowner-occupied rate of 63.5%, there's a stable foundation for real estate services. Moreover, the median age of homes is 51.7 years, suggesting a market for renovation, flipping, and property management services that real estate franchises could address.
Food franchises should also find fertile ground in St. Petersburg. The total annual expenditure on food and beverages is approximately $1.33 billion, which shows a robust spending pattern in this category. With an average monthly household expenditure on food and beverages of $936, there is a significant market for grocery, dining, and specialty food services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
St. Petersburg, Florida Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 2 |  | CR3 American Exteriors | Home Services & Repair Franchises | $75,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 5 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 6 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 7 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 8 |  | World of Smoke & Vape | Retail Franchises | $300,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Loyalty Business Brokers | Business Services Franchises | $100,000 |
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.