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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: Tallahassee, FL 2024 | ||
| Data | Tallahassee, FL | Nationwide |
|---|---|---|
| Population | 203.91 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 2.0512% | 0.5% |
| Median Household Income | $92,288 | $74,580 |
| Median Age | 27.6 | 38.9 |
| Residents per Business | 1 to 15 | 10 to 1 |
| Annual Household Expenditures | $7.5 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Analyzing the data for Tallahassee, FL, a promising franchise industry to consider is the health and fitness sector. With an average household net worth of $417,474 and an estimated average household income of $92,823 in 2023, which is projected to grow to $95,011 by 2028, there is likely discretionary income available for health and wellness activities in Tallahassee. Furthermore, the annual expenditure on health care is significant at $462.85 million, underscoring the community's investment in health-related products and services.
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The food and beverage industry is another sector to consider. With an annual expenditure of $819.18 million in this category, there's evidence of significant spending in Tallahassee that could support a food franchise. The expenditure data shows a strong market for restaurants, cafes, or specialty food shops.
Home services franchises could also find a fertile ground in Tallahassee. The median home value stands at $243,025, and with 47.5% of housing units being owner-occupied, there's a considerable market for home improvement and maintenance services. The diversity in the age of homes, with a substantial number built from 2000 to 2009 (17.9%), suggests ongoing needs for upgrades and modernizations, which could be served by franchises specializing in home renovations, landscaping, or other related services.
Lastly, the educational sector appears to be another viable option for franchising. With an annual expenditure of $176.75 million on education, there's a clear investment in learning and development in Tallahassee. This could open opportunities for educational service franchises that offer tutoring, test preparation, or continuing education services.
Tallahassee presents a unique opportunity for franchise owners, with 85,773 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 $3.73 billion, reflecting steady consumer demand, while an average household income of $92,288 supports local spending. Additionally, the area's affordability—including a median rent of $984—reflects an accessible market, making Tallahassee an attractive option for new franchises looking to grow with strong community support.
With 93,062 housing units and a strong sense of community, Tallahassee 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.
Tallahassee, Florida Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 4 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 5 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 6 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 7 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 8 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Zoom Room | Pet Franchises | $200,000 |
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.